- A previous Gold Bullion Spotlight featuring the popular Mexico Centenario coinage offers a look at one of the most popular types of Mexican gold coins from yesteryear, yet several other vintage coins from Mexico also trade at or very close to their bullion value. Here we will highlight these issues and discuss how they have become popular with collectors in the United States and worldwide with precious-metals investors as a bullion unit.The Mexico Gold 2 Pesos
A coin series beginning in 1919 and minted for circulation has grown to become a very popular gold coin. Featuring a simple design beside the common Mexican eagle found on the coinage of the period, the reverse features the denominational inscription "Dos Pesos" inside of a wreath. The Mexico 2 Pesos carries 1.6666 grams of 0.900 fine gold, giving the coin an actual gold weight (AGW) of 0.0482 ounces.Mexico 1945-Mo Gold 2 Pesos PCGS MS67
While these coins bear dates ranging from 1919 through 1920 and resuming in 1944 until 1948, the mintages leave the 1945-dated issues to trade almost exclusively as a bullion coin, with other dates trading for moderate to significant premiums over their metal value. No 1948-dated issues are known except the mintage is listed as 45,000 pieces.
The 1919 and 1920 issues for circulation have mintages of 1,670,000 and 4,282,000, respectively, however surviving examples and collector demand remove most from bullion consideration. Reintroduced in 1944 as a bullion issue, the 1944 date has a mintage of only 10,000 pieces. The 1946 issue has a mintage of 168,000, while 1947 lends 25,000 pieces.
The 1945-dated issue had an original mintage of 140,000 pieces, however between 1951 and 1972 an additional 4,590,493 coins were minted for bullion sales, with the frozen date of 1945. In 1996 and continuing after that more modern restrikes were produced, all dated 1945. A rare variety of 1945 with an Mo mint mark on both sides of the coin exists and brings a huge premium. It is those coins dated 1945 that are most frequently offered with modest premiums over their bullion value and continue to represent an inexpensive means for most collectors to own a gold coin.The Mexico Gold 2-1/2 Pesos
Starting in 1918, this coin was issued for circulation until 1920. Reintroduced in 1944 as a bullion issue the coin was produced into 1948. The 1945 date was frozen and continued being minted into modern times. The piece featuring the bust of Miguel Hidalgo easily differentiates it from the coin's 2 Pesos counterpart. Offering 2.0833 grams of 0.900-fine gold, the AGW is a mere 0.0603 ounces, which also makes it a very affordable gold bullion issue. While the 1918-1920 issues can sometimes be found for moderate premiums over their bullion value, uncirculated examples fall into the collector, not bullion, coinage spectrum. The return of the coin as a bullion issue in 1944 saw a tiny mintage of only 20,000 pieces.Mexico 1945-Mo Gold 2-1/2 Pesos PCGS MS67
The 1946 issue has a mintage of 163,000, 1947 offers 24,000, and 1948 saw 63,000 pieces struck. The 1945 is most abundant, with an original mintage of 180,000 followed by a restrike mintage of 5,025,087 between the years 1951 and 1972. More examples have been produced since 1996, with different finishes all boasting the 1945 date, making it the most plentiful bullion issue for this size.Read the Entire Article Check out Certified Mexican Gold on ebay