05/26/2024 05:41:07 PM

Mexican Gold Pesos

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Mexican Gold Pesos at BGASC

Gold Peso Coins have a rich history as the oldest national currency in North America, originating in Mexico in the 15th century. Originally a Spanish coin, it became part of the colonial empire’s transactions in the Western Hemisphere. Independent Mexico introduced its own peso coins in 1863, mostly in gold during the 20th century.

Mexican gold peso coins, known for their purity, remain appealing to investors due to lower premiums over the gold spot price, given their discontinued production. Learn about their history, designs, and denominations on this page.

History of the Peso

The Mexican peso is Mexico’s official currency, including coins and paper banknotes produced by the Mexican Mint. Introduced in 1993, the “Nuevo pesos” aimed to stabilize the currency after Mexico’s 1983 default. Despite the official term, people commonly refer to Mexican coinage as “pesos.”

Background on Gold Pesos

Gold pesos originated during the Second Mexican Empire (1864-1867) and gained prominence in the 20th century. From 1905 to 1972, various denominations, including 5, 10, 20, 2.5, and 2 pesos, were issued periodically with a gold content of .900 pure gold. The Centenario, with a 50 pesos face value, celebrated Mexico’s 100th independence anniversary in 1921.

Gold Peso Designs

Designs of gold pesos varied by denomination, featuring symbols like the Angel de la Independencia and the nation’s coat of arms. The 2 Pesos gold coin, available from sources like BGASC, was issued from 1921 to 1948, showcasing Mexico’s coat of arms on the obverse.

Buy Mexican Gold Pesos from BGASC

The BGASC customer service team is available to assist you with any questions. Contact their customer service team for more information at 888-992-4272, through live chat, or via email.