Libertad 1kg Silver Coin 2011 Characteristics
The 1 kilogram Libertad silver bullion coin was added in 2002 by the Mexican government to a long list of denominations belonging to this series and so this coin that makes the subject of our article, the Libertad 1kg silver coin 2011, was issued in 2011.
The Libertad 1kg silver coin 2011 has a diameter of 110 mm which higher than the standard diameter of other bullion coins made of silver that weight 1 kilo. The diameter for other 1kg bullion coins is set around the 100.6 mm dimension. Therefore, the Mexican silver coins are in general large coins, exceeding others belonging to their category of denomination.
The fineness of one Libertad 1kg silver coin 2011 is 99.90% the same also for other denominations belonging to this series of Mexican silver coins.
Libertad 1kg Silver Coin 2011 Design
The obverse of the Libertad 1kg silver coin 2011 proudly depicts an eagle fighting a snake and defeating it, which is the Mexican coat of arms. The legend reads only one thing ESTADOS UNIDOS MEXICANOS.
The reverse of the Libertad 1kg silver coin 2011 illustrates the top part of the Mexican Independence Victory Column represented by the winged Goddess Victory, from here the name Libertad which signifies the Mexican independence. On the tail side of the Libertad 1kg silver coin 2011 was inscribed the following legend: 1 kg the weight, PLATA PURA meaning that this silver coin is made of pure silver, 2011 the releasing year of the coin, and LEY .999 the fineness.
Libertad 1kg Silver Coin 2011 Investment
There are many investors that prefer investing into a bullion coin that weighs 1 kilogram like the Libertad 1kg silver coin 2011 instead of investing into many coins that weight 1oz, 5oz, or maybe 10oz. They know exactly what they want and have thoroughly analyzed how the value of the bullion coin will evolve. They are individuals specialized in massive investment into precious metals like silver or gold.
Compared with other bullion coins manufactured from silver, the price for the Libertad 1kg silver coin 2011 is lower than that of other coins. This thing should not discourage investors and made them believe that the Mexican coin of massive weight is less popular than other coins from the same category. It should just give investors the idea that being situated at a lower value, the Libertad 1kg silver coin 2011 will also bring a bigger profit to its owner.
As it is also the case with other bullion coins their value is determined by the movements of the market of the respective precious metal from which they are manufactured, in this case the silver market. Therefore, as the price of silver increases the price for the Libertad 1kg silver coin 2011 also increases. It is rather a volatile price and at the moment we could say that it is an appropriate period for investing into gold and silver coins like the Libertad 1kg silver coin 2011, which is posted on our website.