The Magnificent 1943 Mexico Fifty Pesos…One Of The World’s Rare Mexican Gold Coins!
The Mexico 50 Pesos (also known as the Centenario, Gold 50 Peso, 50 peso gold coin and Mexican 50 pesos gold coin) was one of the few, large world bullion coins, prior to the introduction of the Krugerrand in 1967. The 50 Pesos coin was first produced in 1921 to commemorate the Centennial of Mexico’s Independence from Spain, which was achieved under General Agustin de Iturbide. The minting of the impressive 50 Pesos gold coin was suspended after 1931, resuming in 1943 and continuing through 1947. Twenty percent larger than the 1-ounce American Gold Eagle, these beautiful Mexican gold coins are composed of 90% fine gold alloyed with 10% copper for durability.
On the obverse of these striking 50 Pesos Mexican gold coins, is the portrait of the stunning Winged Victory, or El Angel, standing in front of two legendary Mexican volcanoes, Iztacchuatl (the sleeping lady or white lady) and Popocateptl (the smoking mountain). In Aztec legend, the volcanoes represent two lovers, a warrior and a princess, who both died of grief pining for each other and were turned into volcanoes. Held in the captivating angel’s left hand is a broken chain, symbolizing freedom and a laurel wreath, symbolizing victory, in her right hand.
On the right side of these gorgeous Mexican gold coins is the date of issue, which is below the gold content “37.5 Gr. ORO PORO”. The left side of the coin bears the date “1821”, representing the year Mexico gained independence and above it is the face value “50 PESOS”. The 1943 50 Pesos rare gold coin has one design difference. The gold content, instead of only appearing at the right of Winged Victory, appears on both sides and the denomination is omitted. Some believe that this is an error, while others feel this difference is due to the uncertainty of the currency and for bullion purposes. This is the only year with this particular design change and to further make this graded MS65, 1943 gold coin unique, rare and scarce; it has a mintage of only 89,000 coins!
The reverse side of the 50 Pesos gold coin features the Golden Eagle, Aquila Chrysaetos, perched majestically on a cactus, with a snake in its beak, which is Mexico’s national emblem. There is another account of Aztec lore, concerning locating the eagle as pictured on the coin and the settlement of what is now Mexico City, home of Casa de Moneda, where these coins were minted. The legend “ESTADOS UNIDOS MEXICANOS” is in an arc above the eagle. Mexican coins have been elevated to the “hot”, must-have items with gold investors and collectors and the 50 Pesos gold coin is the most coveted of all. What a prize of the rare Mexican gold coins that are available on the market today, this spectacular and exquisitely designed 1943 Mexico 50 Pesos gold coin would be to your collection!
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