The Silver Libertad is the official Silver bullion coin of Mexico and followed swiftly on from the Gold Libertad being launched a year later in 1982. The Silver Libertad is struck in 99.9% fine silver and is produced by the Mexican Mint (Casa de Mondea de México). The Libertad is also known as the “Onza”. The Mexican Mint is the oldest minting facility in the Americas, having been established in 1535 on the order of the Spanish Crown. Unlike other bullion coins the Silver Libertad has no face value but is still legal tender in Mexico.
The design of the Silver Libertad is the same as that used on the Gold Libertad which has seen small changes during its production. The current Silver Libertad coin features a winged Victoria standing on the top of the Mexican Independence Victory Column on its reverse. In the earlier Libertad coins (information sources are conflicting on the year the design changed) the winged Victoria is still featured but not standing on the Mexican Independence Column, with a background landscape of the Iztaccihuatl and Popocatepetl volcanoes. Victoria is the Goddess of Victory and is shown on the coin with a wreath in her right hand, symbolizing victory and a broken chain in her left symbolizing freedom. Also included on the design are inscriptions 1ONZA FLATA PURA (pure silver), LEY (year of minting) and .999.
The Column itself stands in downtown Mexico City and is cast in bronze and covered in Gold. It celebrates the Centenary of the Mexico War for Independence.
On the obverse of the coin is the Mexican Coat of Arms, showing an eagle holding a snake with the inscription "ESTADOS UNIDOS MEXICANOS". Circling the main image are ten different eagle designs which have been used as national emblems in the past.
Content (T oz)
Initially the Silver Libertad coins were only available in 1oz sizes but are now available in a wide range of sizes - 5 oz, 2 oz, 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, and 1/20 oz
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