Mexico 1999 2 onzas
This specimen was lot 1136 in Steve Album Auction 55 (Santa Rosa, CA, May 2026), where it sold for $420. The catalog description[1] noted, "MEXICO: Estados Unidos, AR 2 onzas, 1999-Mo, "Libertad" Series, contains 2 troy ounces of pure silver, PCGS graded MS68." In 1949 the Mexico City mint issued the world's first onza to modest success. It tried again in 1980 with a resurrection of the 1949 design. In 1982 the medallion (technically, Libertads are not coins) was redesigned to use the obverse from the 1921 two pesos. The weight was reduced and the fineness increased from .925 to .999 silver. The medallion was an immediate hit. It was the only silver bullion coin on the market for several years and, backed by the Mexican government, outcompeted private mint issues. It inspired imitations such as the U. S. silver eagle (from 1986) and the Canadian Maple Leaf (from 1988) which have cut into its market share to the point where several of the later dates are downright rare. Fractionals, such as the half ounce (KM 612), are much scarcer. The type has been struck since 1996.
Recorded mintage: 5,000 plus 280 proofs.
Specifications: 62.21 g, 0.999 fine silver, 48 mm diameter.
Catalog reference: KM-614.
- Amaya Guerra, Carlos Abel, Epitome Ilustrado de la Moneda Mexican Moderna, 1905 a 2015, Monterrey, Mexico, 2015.
- Bailey, Don and Lois, Whitman Encyclopedia of Mexican Money, Volume 1, An Illustrated History of Mexican Coins and Currency, Atlanta: Whitman Publishing, 2014.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Hanbing Feng, Auction 55, featuring Selections from the Swamperbob Gurney Collection of Cap & Ray 8 Reales, the Kenneth A. Bovenkamp Collection of Ottoman Coins and the 1914 Collection of World Coins, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2026.
Links:
- 1998 2 onzas
- 1999 10 centavos
- 1999·2000 5 pesos, butterfly
- 1999 5 pesos, training ship Cuauhtemoc
- 1999 20 pesos, UNICEF/year of the child
- 1999 1/20 onza oro, Teocuitlatl
- 1999 ½ onza, silver
- 1999 onza
- 2000 2 onzas
- Coins and currency dated 1999
- return to coins of Mexican coinage of the modern era, since 1905