Mexican Silver Libertad Coins

silver coin icon flag of Mexico icon Silver Libertads - inspired by the iconic Centenario gold coins

Mexican Silver Libertad coins are minted by the oldest mint in North America. The Mexican Mint produces them since 1982 but their iconic design that shows the Angel of Independence actually goes back to the historic 50 Peso Gold Centenario coins. All Silver Libertad coins are 99.9% pure, just like the Mexican Gold Libertads that show the same design.

The coins are offered with brilliant uncirculated and proof finishes in many different sizes ranging from 1/20 oz all the way up to 1 kg. Unlike most other contemporary silver coins, Mexican Silver Libertads don't have an official face value. Annual mintage numbers for the silver version of the Mexican Libertad coins are far higher than for the gold version. A considerable part of the Silver Libertad's annual mintage is made up by proof coins. Collectors that prefer to buy silver coins with a proof finish will therefore find proof Silver Libertads more readily available than proof versions of other silver bullion coins.

The silver purity and weight of each Silver Libertad coin is guaranteed by the Banco de México. Even though the coins don't have an official face value, they have legal tender status in Mexico with their value tied to the current spot price of silver. American buyers that are investing in silver for their retirement can include the coins in their Individual Retirement Accounts (IRA's).

obverse side of the 2011 issue of the brilliant uncirculated 1 oz Silver Libertads
reverse side of the 2011 issue of the brilliant uncirculated 1 oz Mexican Silver Libertad coins
old obverse side design of the Mexican Silver Libertads until 1995
reverse side design of the Mexican Silver Libertad coin until 1999, still used on the fractional coins today

Coin Specifications

Weight Purity Diameter x Thickness
1 kg 99.9% 110 x 11.5 mm
5 oz 99.9% 65 x 5.4 mm
2 oz 99.9% 48 x 4.5 mm
1 oz 99.9% 40 x 3 mm*
1/2 oz 99.9% 33 x 2.6 mm
1/4 oz 99.9% 27 x 1.7 mm
1/10 oz 99.9% 20 x 1.4 mm
1/20 oz 99.9% 16 x 1 mm

* since 1996 (36 x 4 mm until 1995)

Silver Libertad Coin Design

"El Ángel de la Independencia" (eng: The Angel of Independence) is depicted on the obverse side of each Mexican Silver Libertad coin with a laurel wreath in her right hand and broken chains in her left. "El Ángel de la Independencia" (a.k.a. "Monumento a la Independencia") is a victory column in downtown Mexico City. The coin's weight, silver purity and year of mintage are engraved along with the word "Mexico" and the official mintmark.

Since 1996, the Mexican Silver Libertad's obverse side bears a slightly different design in which the angel faces sideways and the engraving of "Mexico" is omitted. The two famous Mexican volcanoes Popocatepetl and Iztaccíhuatl are depicted in both versions in the background.

The standard reverse design of the Mexican Libertad silver coin depicts a rendering of Mexico's coat of arms with an eagle perched on top of a prickly pear cactus holding a serpent in its talons and beak. “Estados Unidos Mexicanos” is inscribed along the coin's upper edge. Since 2000, only the 1 oz Silver Mexican Libertad depicts the official Mexican coat of arms surrounded by 10 additional historical coats of arms.

History of the Mexican Silver Libertads

The Mexican Mint ("La Casa de Moneda de México") started with the production of 99.9% fine 1 oz Silver Libertad coins in 1982 (proof coins since 1983 with the exception of 1984 and 1985). In 1991, coins of 1/2 oz, 1/4 oz, 1/10 oz and 1/20 oz were added (with proof finish since 1992). Larger silver coins of 2 oz and 5 oz are produced since 1996 and 1 kg coins with a proof-like finish since 2002.

The design of the coin's obverse changed slightly in the year 1996 with the Angel of Independence facing sideways since then (and the removal of the word MEXICO from the obverse). The reverse side design of the 1 oz Silver Mexican Libertads changed in the year 2000. Since then, the reverse is filled out by a depiction of Mexico's official coat of arms surrounded by 10 additional historical coats of arms. That is only the case for the 1 oz coins though. The fractional denominations still show the image of the eagle perching on top of a prickly pear cactus. The larger 2 oz and 5 oz coins already used the new reverse design since their first issue in 1996. The 1 kg silver coin also uses that design (since 2002) with the various Mexican coats of arms.

Mintage Numbers

The mintage record for 1 oz Mexican Silver Libertad coins were the 2,458,000 coins that were struck in 1992. The lowest mintage of the 1 oz coins were the 67,000 coins that were minted in 1998. Fractional Libertad coins were generally minted in much smaller numbers than the 1 oz coins. The lowest mintage were the 3,300 coins of 1/10 oz that were produced in 2012.

The large 2 oz and 5 oz Silver Libertad coins were usually minted in similar numbers to the fractional coins. The lowest mintage were 2,300 coins of 5 oz in the year 1998.

Proof mintage of the Mexican Silver Libertads is generally much higher than is common with other bullion coins. In some years and for some denominations, proof mintage even exceeded mintage of brilliant uncirculated coins. The lowest proof mintage of 1 oz Silver Libertads were 500 coins in 1998. That same year also saw the lowest mintage of fractional proof Silver Mexican Libertads (300 coins each of 1/4 oz, 1/10 oz and 1/20 oz). The lowest mintage numbers for the proof 2 oz and 5 oz Silver Libertad were set in 1999 (280 coins of 2 oz and 100 coins of 5 oz). The proof version of the Mexican Libertad silver coins was only minted in the 1 oz denomination in 2012 (4,200 coins minted).

Finally, mintage of the proof-like 1 kg Mexican Silver Libertad varies between 1,820 coins in 2002 and 400 coins in 2013.

obverse side of the 2009 issue of the brilliant uncirculated 1 oz Gold Libertads
reverse side of the 2009 issue of the brilliant uncirculated 1 oz Mexican Gold Libertad coins

Mexican Gold Libertads

The Mexican Gold Libertad coins are struck out of 99.9% pure gold since 1981. Their design that depicts the Angel of Independence is inspired by the historic 50 Peso Gold Centenario coins. The Mexican Gold Libertads are minted by the Casa de Moneda de México, the oldest mint in North America, in the denominations of 1 oz, 1/2 oz, 1/4 oz, 1/10 oz and 1/20 oz. Both brilliant uncirculated and proof coins are available. The coins don't have an official face value and their annual mintage numbers are much lower than those of other gold bullion coins. Despite that, the coins have legal tender status in Mexico.

The Mexican Gold Libertad page gives more information about the coins and allows you to compare current prices.

obverse side of the 1989 issue of the proof 1/4 oz Mexican Platinum Libertads

Mexican Platinum Libertads

Mexican Platinum Libertad coins were only minted in the year 1989. That year, the Casa de Moneda de México produced 3,500 Platinum Libertads out of 99.9% fine platinum. Mintage was limited to a single denomination of 1/4 oz. These coins were only available with a proof finish. The design of both sides of the coins was identical to the gold and silver version of the Libertad coins that was minted until 1994.

The inscription on the mintmarked obverse side of the coins with the Angel of Independence reads: 1/4 ONZA PLATINO PURO 1989 MEXICO LEY 999.

Silver Libertad Proof Sets

APMEX exclusive 2-Coin Proof/Reverse Proof Silver Libertad Set 2015

APMEX exclusive 2-Coin Set 2015 - 2016

total silver weight: 2 oz

The Banco de México has partnered with the precious metals dealer APMEX to release this special 2-coin set since 2015. It includes two Mexican Silver Libertad coins, one with a proof and the other with a reverse proof finish. The coins are packaged in a wooden box with a certificate of authenticity. Only 500 such sets were issued in 2015 followed by 1,000 sets in 2016.

2008 Mexican Silver Libertad 5-coin proof set

5-Coin Silver Libertad Proof Set

total silver weight: 1.9 oz

This set includes the Silver Mexican Libertad proof coins of 1 oz, 1/2 oz, 1/4 oz, 1/10 oz and 1/20 oz. The coins were at first packaged in a plastic box. In recent years, they were stored in a beautiful wooden box though with a numbered certificate of authenticity. Five-coin proof sets have been issued since 1992. Only 1,000 such sets are issued annually at this time.