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50 pesos gold coin

What is the 50 Pesos Gold Coin? 

The 50 Pesos Gold Coin, often referred to as the “Centenario,” is a remarkable piece of Mexican history and a highly sought-after item for investors and collectors worldwide. First minted in 1921 to commemorate the 100th anniversary of Mexico’s independence from Spain, this iconic coin features strikingly detailed designs that capture the essence of Mexican culture and its national symbols. What is the 50 Pesos Gold Coin?

Weighing in at 1.2057 troy ounces of pure gold, it stands as one of the largest gold bullion coins globally. This article provides an in-depth look into the rich history, design, and significance of the 50 Pesos Gold Coin, shedding light on its enduring value and appeal. Before diving in, if you also want to read about Mexican silver coins, don’t miss our article about it!

50 Pesos Mexican Gold Coin

Overview of the 50 Pesos Gold Coin 

The 50 Pesos Gold Coin, known as the “Centenario,” is a renowned gold bullion piece produced by the Mexican Mint. Its blend of historical relevance, artistic design, and high gold content make it an attractive investment option and a cherished collector’s item.

First minted in 1921, the Centenario was created to celebrate the centennial of Mexico’s independence from Spain. It was produced continuously from 1921 until 1947, with the coins minted between 1949 and 1972 bearing the 1947 date mark, despite not being produced in that year.

The coin has a diameter of 37 millimeters and weighs approximately 41.67 grams. The gold content is 90% pure (0.900 fineness), leading to a total of 1.2057 troy ounces of pure gold in each coin, which is more than an American Gold Eagle or a British Gold Sovereign.

The Centenario’s design is steeped in Mexican heritage. The obverse features a depiction of “El Angel de la Independencia,” or “The Angel of Independence,” a monument located in Mexico City. It represents victory and is one of Mexico’s most recognizable landmarks. Behind the angel, the famed Mexican volcanoes Popocatépetl and Iztaccíhuatl are depicted.

50 Pesos Coin 1947, KM-481, 1.2056 ounce

On the reverse, the coat of arms of Mexico is beautifully rendered, showcasing an eagle perched on a cactus, a serpent in its beak, surrounded by the inscription “Estados Unidos Mexicanos.” Many of the coins also depict additional renditions of the national emblem encircling the central image.

Whether as an investment vehicle, due to its considerable gold content, or as a historical artifact capturing the spirit of Mexican heritage, the 50 Pesos Gold Coin holds significant appeal for a variety of individuals.

The Different Variants of the 50 Pesos Gold Coin

While the 50 Pesos Gold Coin, or the “Centenario,” is the most recognized Mexican gold coin, several other variants have been minted over the years. These variants primarily stem from the historical periods they were minted and their denominations.

  1. Cinco Pesos Hidalgo: Minted from 1951 to 1972, this gold coin features a portrait of Miguel Hidalgo, a leader of the Mexican War of Independence. It has a gold content of 0.1205 troy ounces.
  2. Diez Pesos: This 10 pesos coin was minted from 1905 to 1959. It features the Mexican coat of arms on the reverse and the national symbol, an eagle on a cactus eating a snake, on the obverse. It contains 0.2411 troy ounces of gold.
  3. Veinte Pesos: First issued in 1917 to celebrate the Mexican constitution’s centenary, this 20 pesos coin contains 0.4823 troy ounces of gold. The reverse shows the Aztec Sun Stone, an ancient calendar stone discovered in Mexico City.
  4. Dos Pesos and Dos y Medio Pesos: These small gold coins were minted from 1919 to 1948 and from 1921 to 1947, respectively. They are popular among investors for their affordability and compact size.
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Cinco Pesos Hidalgo
Cinco Pesos Hidalgo

While the Centenario remained in production until 1972, another coin worth noting is the 50 Pesos Gold Commemorative Coin, which was minted to celebrate the 150th anniversary of Mexico’s independence in 1972. It has the same specifications as the Centenario but features a different design.

It’s important to note that while the Centenario and its variants share common elements, such as the Mexican coat of arms, each coin is unique, representing different historical periods and cultural facets of Mexico. Whether you’re a seasoned investor, a coin collector, or a history enthusiast, these variants offer a range of options to choose from.

The 50 Pesos Gold Coin Composition

The 50 Pesos Gold Coin is a symbol of Mexican heritage and a favorite among gold coin collectors worldwide due to its composition. Its weight, purity, and gold content have been crucial factors in establishing its place as one of the most popular gold coins globally.

The coin weighs approximately 41.67 grams or 1.3395 troy ounces, and its diameter is approximately 37 millimeters.

In terms of composition, the Centenario has a gold purity of 90% (0.900 fineness). The remaining 10% is comprised of copper and silver, a mixture commonly known as “coin gold.” This alloy was used to increase the coin’s durability without significantly diminishing its value.

The overall gold content of the coin is 1.2057 troy ounces, which makes it one of the larger gold coins available to collectors and investors. This substantial gold content contributes to the coin’s value and its popularity among those interested in gold bullion.

The gold used in the production of these coins was sourced from Mexico’s vast gold mines, further rooting the Centenario in the country’s history and heritage. Whether for investment, collecting, or as a piece of Mexico’s rich history, the 50 Pesos Gold Coin’s composition plays a significant role in its enduring appeal.

The 50 Pesos Gold Coin as an Investment

The 50 Pesos Gold Coin is not only a piece of numismatic history but also a viable and attractive investment vehicle. Several factors contribute to its standing as an investment asset.

  1. Gold Content: Each Centenario contains 1.2057 troy ounces of gold, making it one of the largest gold coins in the world. This substantial gold content, combined with the coin’s 90% gold purity, directly translates to considerable intrinsic value.
  2. Historical Value: The Centenario’s historical significance and cultural resonance can often translate to numismatic value beyond the coin’s gold content. Coins in particularly good condition or rare mint years may fetch a premium price among collectors.
  3. Liquidity: These coins are recognized worldwide, which makes them relatively easy to buy and sell, providing investors with liquidity.
  4. Hedge against Inflation: Like other gold investments, the Centenario can serve as a hedge against inflation. As the value of fiat currencies can fluctuate, gold’s purchasing power has generally remained stable over the long term.
  5. Preservation of Wealth: Gold has been used to preserve wealth for thousands of years. The Centenario, with its substantial gold content, continues this tradition.
  6. Portfolio Diversification: Gold is often used to diversify investment portfolios because its price tends to move independently of stocks and bonds.
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However, as with any investment, buying the 50 Pesos Gold Coin also comes with risks, such as the potential for theft or the volatility of gold prices. It’s essential to properly research and consider these factors before investing in gold coins.

Additionally, while the Centenario’s gold content makes it a valuable investment, its historical and cultural significance should not be underestimated. For many investors and collectors, owning a Centenario is about more than just its gold value; it’s also a way to own a piece of Mexican history.

Example of Portfolio of Coins Including the 50 Pesos Gold Coin

Here’s an example of what such a portfolio could look like. Please keep in mind that these are rough estimates based on gold prices as of 2021 and could vary due to market fluctuations.

CoinQuantityEstimated Price per Coin (USD)Total Value (USD)
50 Pesos Gold Coin (Centenario)1$2,000$2,000
American Silver Eagle5$30$150
Canadian Silver Maple Leaf5$30$150
British Gold Sovereign1$400$400
South African Gold Krugerrand1$1,900$1,900
Australian Silver Kangaroo10$30$300
Total Value$4,900
Example of Coin Portfolio

To create a diversified coin portfolio, it might be more practical to focus on lower-value coins, particularly silver coins, or smaller denominations of gold coins. This allows for a greater variety of coins without exceeding the budget.

Investing in coins can be a rewarding hobby and a solid long-term investment. However, it’s crucial to research each coin’s value, understand market dynamics, and consult with a financial advisor or numismatic expert before making any significant investment decisions.


The 50 Pesos Gold Coin, commonly known as the Centenario, is a testament to the rich history and culture of Mexico, making it much more than just a gold coin. Its high gold content, beautiful design, and the historical significance it carries, coupled with its worldwide recognition, make it an exceptional asset for both collectors and investors alike.

As we have explored, the coin’s value is not solely determined by its gold content. Its intricate design and the historical narrative it encapsulates add another layer of appeal and potential value, especially for numismatic enthusiasts and collectors.

From an investment perspective, the Centenario’s substantial gold content offers a hedge against inflation, an opportunity for wealth preservation, and a means of diversifying investment portfolios. However, prospective investors should always undertake thorough research and possibly seek advice from financial advisors before making investments.

In conclusion, the 50 Pesos Gold Coin remains an enduring symbol of Mexico’s independence and a valuable asset in the world of coinage. Its appeal to a wide array of individuals, from collectors passionate about history and art to investors drawn by the stability of gold, truly sets it apart. Regardless of why one might choose to purchase a Centenario, its unique blend of art, history, and value ensures it will continue to be treasured for years to come.

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