Mexican Libertad

The Mexican Libertad gold coin is the official gold coin of Mexico. The coin was first introduced in 1981, but was produced intermittently until 2000. Since 2000 it has been minted every year. However, for an official bullion coin, it is not minted in the same large quantities as its counterparts in North America (Canadian Gold Maple Leaf and American Gold Eagle).

The Mexican Libertad gold coin has a fineness of .999 gold and is available in 5 weights, which include 1 oz, ½ oz, ¼ oz, 1/10 oz and 1/20 oz. The Libertad also comes in silver.

The Libertad is produced by the Mexican Mint and continues to grow in popularity. The design is based on the Centenario gold coin which was first minted in 1921. Because of its limited mintage, the Libertad gold coin is an excellent choice for either investors or collectors.

Libertad Gold Coin Minting History

The Mexican Libertad gold coin was first issued in 1981, but has not been minted every year. The coin comes in both bullion and proof editions. Proof editions will carry a higher premium because they are minted in much smaller quantities and have a more specialized production process.

Many of the bullion editions of the Libertad gold coin will also carry a higher premium. This is due to the very limited mintage for many of the yearly issues..  

Below is the minting history since its introduction.

Gold Bullion Editions

  • 1981- 1 oz, ½ oz, ¼ oz

  • 1991-1994- 1 oz. ½ oz, ¼ oz, 1/10 oz and 1/20 oz

  • 2000- Present- 1 oz, ½ oz, 1/14 oz, 1/10 oz and 1/20 oz

Proof Editions

  • 1989- ½ oz

  • 2004- ¼ oz

  • 2005-2011- 1 oz, ½ oz, ¼ oz, 1/10 oz and 1/20 oz

  • 2013- present- 1 oz, ½ oz, ¼ oz, 1/10 oz and 1/20 oz


The Mexican Libertad gold coin has two slightly different designs. The first design, which was issued in 1981 and then again from 1991-1994 depicts the original design from the Centenario gold coin, first introduced in 1921. The second design depicts a different view of the winged Victoria and was issued for the first time in 2000.

First Design (1981) (1991-1994)

The motif side of the coin shows the image of the winged Victoria, also known as the Angel of Mexican Independence. Her right arm is stretched out above her head and she holds a wreath in her hand. In her left hand she holds a broken chain. In the background are the Mexican volcanoes, Popocatepetl and Iztaccihuatl.

Below the motif is the country of origin engraved as “MEXICO”. To the right of the winged Victoria is the date of issue and to the left is the gold weight. Also on the right is the mint mark. Surrounding the upper half of the outer edge is an ornamental circle. The edge bar is slightly raised which protects the motif from damage.

While the design is the same, the engravings on the 1991-1994 issue are slightly  different than the 1981 edition. The date of issue is inscripted at the bottom left. Also, the fineness is engraved as “LeY .999” on the lower right. To the right of the winged Victoria are the letters “oRo PuRo”.

The value side depicts a golden eagle on a cactus with a rattlesnake in its beak. The engravings around the outer edge read “ESTADOS UNIDOS MEXICANOS”. Below the eagle is a wreath that surrounds the bottom half of the coin. And surrounding the outer edge bar is a full ornamental circle.

While the Mexican Libertad gold coin is legal tender in Mexico, there is no nominal value stamped on the coin.

Second Design (2000-Present)

The new design, which was introduced in 2000 also features the winged Angel of independence. In her outstretched right arm is the wreath and the broken chain is in her left hand behind her. There is no ornamental circle around the outer edge. Instead the outer edge has inscriptions which include; the weight, “ORO PURO” along the top, the year of issue, and the purity “LEY 999”. The mint mark is to the right of the motif. Also, in the background are the volcanoes, however, there is more detail in the landscape that adorns the background.

The value side of the coin depicts the coat of arms of Mexico in the center. Surrounding the coat of arms are other prior coat of arms throughout Mexico’s history. Above are words “ESTADOS UNIDOS MEXICANOS” in a semicircle. There is no ornamental circle around the outer edge. Just like the first edition, the edge bar is slightly raised to protect the coins surface.


  • The libertad gold coin is beautifully designed, combining Mexican history and mythology.

  • Because of the limited mintage, some editions may have collector value.

  • The coins are issued in both bullion and proof, which make them ideal for investors and collectors.

  • The coins are available in a variety of different sizes.

  • The fineness of .999 make the libertad gold coin VAT free.

The Legend of the Popocatepetl and Iztaccihuatl Volcanoes

The Mexican volcanoes of Popocatepetl and Iztaccihuatl (referred to as Popo and Izta) are located southeast of Mexico City and are more than 17,000 feet in height. Popocatepetl is the tallest of the two at 17,802 feet. The two volcanoes are connected by the Paso de Cortes, which is a high mountain pass.

In mythology the volcanoes were once humans who were in love. Popocatepetl was the young warrior and Iztaccihuatl was a beautiful princess. However, before Popocatepetl could claim Iztaccihuatl as his bride he was required to win a battle against the tribes enemy.

Unfortunately for Popocatepetl, his rival sent a false message back to his ruler that Popocatepetl had been killed, when in reality popocatepetl had won the battle. Upon hearing the lie, the princess Iztaccihuatl, fell ill and died of a broken heart. When Popocatepetl returned to find out the news he too was grief stricken and also ends up dying next to Iztaccihuatl at her mountain funeral.   

The gods, touched by the lovers story end up turning the two humans into mountains so they can be together. Popocatepetl is an active volcano and last erupted in 2001.

Centenario Gold Coin

The Mexican Libertad gold coin was originally based on the Centenario gold coin, which was first introduced in 1921. The coin was minted to celebrate Mexico’s 100th anniversary of independence from Spain. The coin had a nominal value of 50 pesos and a purity of 90% gold.

Just like the Libertad gold coin, the 1921 Centenario depicts the the “Angel of Independence” as the main motiff. The two volcanoes Popocatepetl and Iztaccihuatl are also in the background. The 1821 date in the lower left part of the coin honors the year of Mexico’s independence.

Mexican Independence

Napoleon’s occupation of Spain in the early 19th century, led to rebellions across what was Spanish America. Miguel Hidalgo y Costilla, who was a catholic priest, organized the Mexican war of independence in 1810. His edict called for an end to control of Mexico by Spain and sought equality across Mexico. He would ultimately be defeated and was executed. However, others would follow him and lead forces against the Spanish.

In 1820 a new government was established in Spain and committed to reforms to satisfy the Mexican revolutionaries. In 1821, Agustin de Iturbide, who lead the Royalists,  reached an agreement that would create an independent constitutional monarchy for Mexico. The remaining Royalists who were opposed to the plan were ultimately defeated. The Treaty of Cordoba was signed in August of 1921 that gave Mexico its independence from Spain.

With a background as a Mexican Army General, Agustin de Iturbide, was proclaimed as the president in 1821. As there was no monarch to reign over Mexico, he was chosen as the Emperor of Mexico a year later.  

Buying Tips

The price of the Mexican libertad gold coin consists of the gold price and the premium. The price of gold is traded on the global stock exchanges and fluctuates minute by minute, as there are many different types of gold products to invest in.

The factors that influence the gold price include; supply and demand, geopolitical risks and central bank policy, just to name a few. Investors and collectors should understand these price factors and learn the history of gold as a monetary asset.


The premium is the sum of the cost and margin of the mint and bullion dealer. Each bullion dealer has a different cost structure and thus premiums can vary. Other factors that influence the premium include:

  • Coins with a limited mintage will usually carry a higher premium.

  • As mentioned previously, proof coins will also have a higher premium due to the smaller mintage and more sophisticated manufactured process.

  • When demand for gold coins is high, this will also result in higher premiums.

Product Details

Manufacturer: Mexican Mint - Casa de Moneda de Mexico
Country of origin: Mexico
Name: Libertad Gold Coin
Weight: 1 oz, ½ oz, ¼ oz, 1/10 oz and 1/20 oz
Purity: 900/100
Alloy: Gold/Copper
Scratch resistance: Good

Pictured List View Quick Buy List View
Country of origin

There are no products matching the selection.