Difference between revisions of "Mexico 2016 onza"
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| − | 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. The type is recorded for 2000-2017 but is still in | + | 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. The type is recorded for 2000-2017 but is still in production. |
''Recorded mintage:'' 1,437,500 + 13,250 proofs + 1,500 reverse proofs. | ''Recorded mintage:'' 1,437,500 + 13,250 proofs + 1,500 reverse proofs. | ||
Revision as of 14:06, 29 August 2024
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. The type is recorded for 2000-2017 but is still in production.
Recorded mintage: 1,437,500 + 13,250 proofs + 1,500 reverse proofs.
Specification: 31.1 g, .999 fine silver, 1.00 troy oz ASW, reeded edge, 40 mm diameter.
Catalog reference: KM 639.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 2001-Date, 13th ed., Iola, WI: Krause Publications, 2018.
Link to:
- 2010 silver kilo
- 2015 20 pesos, centennial of the Mexican Air Force
- 2015 20 pesos, bicentennial of the death of José Maria Morelos
- 2015 1 oz gold Libertad
- 2016 50 centavos
- 2016 20 pesos, 50th anniversary of the reorganization of the Mexican Air Force
- 2016 20 pesos, 50th anniversary of the reorganization of the Mexican Navy
- 2016 ¼ onza oro
- 2017 onza
- Coins and currency dated 2016
- return to Mexican coinage of the modern era, since 1905