In the early 2000s, artists working with the Mexican Mint released a contemporary version of the classic statue of Winged Victory. The statue was meant to represent the success of Mexican forces in defeating Spain’s army, which was colonizing and occupying the country and its peoples. Like many stories of independence, the story behind this image is held close to the hearts of many people in the country of Mexico.
The 2020 5 Oz Mexican Silver Libertad Coin features this latest rendition of the historical statue. With 5 ounces of .999 pure silver, the coin holds inherent value. But it also taps into a key set of images that have come to represent the strength, independence, and uniqueness of Mexican culture and politics. The Winged Victory statue is the focus of the obverse side of the coin, while the reverse side depicts eleven different versions of the Mexican coat of arms.
- .999 pure silver.
- Careful, secure packaging.
- Obverse depiction: A modernized version of Winged Victory.
- Reverse depiction: The modern Mexican coat of arms is encircled by its ten previous versions.
Hero Bullion sells the 1, 2, and 5 Oz versions of the 2020 Mexican Silver Libertad Coin. Interest in the various sizes waxes and wanes, depending on the interest of bullion investors. The five ounce version boasts a larger source of stored value than the smaller alternatives, while the design remains the same across the board. While larger coins make it harder to liquidate if the need arises, many investors prefer the feel and value of the more expensive models.
On the obverse side of the coin, collectors are likely to appreciate the modernized depiction of the statue of Winged Victory. Initially created to celebrate the victory of Mexico in an independence battle against Spain during the 1820s, Winged Victory has become a major symbol for Mexican freedom and self governance. The design of the original statue is derived from the Roman victory goddess, known as Victoria.
Flipping the coin over, the savvy history fan will notice the attention to detail on the depictions of eleven unique coats of arms of the country of Mexico. The modern version of the symbol is placed in the center, and “Unidos Estados Mexicanos” appears written above it.
Mexican Silver Libertad Coins have been popular for decades. The first minting of this weight came in 1996, when it achieved a massive mintage of around 20,000 coins. Interest has only increased over time, and the 2009 release of the 5 Oz version achieved a record sale of 21,000 coins.
The 5 Oz Mexican Silver Libertad Coin provides both value and aesthetic appeal. The history of the Mexican government is rich, and both the reverse and obverse side of this piece tap into that extensive cultural meaning. As annual releases continue, the collectibility of the Mexican Silver Libertad Coin will only increase. And even if the coin wanes in popularity, its unique cultural imagery will add some shine to any collection.