Mexican Peso Gold Coins

November 24, 2009 – Mexican Peso gold coins were first introduced in 1870, and the Mint of Mexico released the coins in 1, 2½, 5, 10 and 20-peso denominations. The obverse of the original Mexican Peso gold coin features the Mexican eagle and the words "Republica Mexicana." The back of the coin displays a pair of scales to denote justice.

From 1917-1919, Mexican Peso gold coins were also produced in a 2-peso variety. However, circulation of gold coins ceased within Mexico in 1921, and many Mexican gold Pesos were transported to the United States. Holders of the Mexican Peso within US borders were disappointed in 12933, when the US government banned the gold bullion market and seized the gold bullion that was within the United States.

Gold bullion bars, many American gold coins, and other coins like the Mexican gold Pesos were confiscated by our government, melted down, and used to pay off US debt during the Great Depression.

Many American investors use Mexican Peso gold coins as a short-term investment, because the inherent gold content of these coins has been rising in value since 2001. These coins were minted in very high numbers, so they are not classified as rare an unusual. These coins trade based on the gold bullion spot price, so if our government institutes another gold bullion confiscation they would most likely take the gold Mexican Pesos again.

If you would like to learn more about Mexican Peso gold coins or any other type of gold investment, feel free to contact us directly through email or by phone, and our friendly specialists can answer all your questions on the gold market. 

Kevin Johnson

Senior Staff Writer – GoldCoin.net