Mexican Libertad silver bullion coins are struck annually for investors and collectors and were first minted in 1982. A beautiful winged angel design has been portrayed on the coin since its inception, but a re-design occurred in 1996 to "make it more attractive," the Mexican Mint said. That design, which is still used today, depicts the spectacular Angel of Independence -- an eight ton golden statue on top of a tall slender column in Mexico City. Mexico is known for producing some of the largest silver coins in the world, which is highlighted by the Libertad. The coins are struck in pure 99.9% fine silver and are available in a variety of sizes, although they were initially launched in just 1 oz. That changed in 1991 when coins of 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz sizes were added. 2 oz and 5 oz size was added in 1996. The latest addition was 1 kilogram size in 2002.
The obverse or heads side of the coin features an eagle battling a snake (Mexico's national coat of arms), which is surrounded by a wreath and the words "ESTADOS UNIDOS MEXICANOS". Encircling the center are ten eagle designs that have been used as National Emblems through the centuries, including one depicted in the 16th century Mendocino Codex.
Since 1996, the reverse or tails side of the coin features the famed winged angel design. The angel towers above a background of the volcanoes Popocatépetl and Iztaccihuatl. Inscription surrounding the top include the numerical size following by "ONZA" for "ounce", then "PLATA PURA" for "pure silver", the year of issue, "LEY" and ".999".
1 The weight displayed is the fine metal content of the item. It does not reflect the actual weight of the product which may be higher.
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