Mexican Silver Libertad Mintages

 

Mexican Silver Libertad Mintages By Year

Nearly 35,000,000 bullion Mexican Silver Libertad coins have been produced since the series began in 1982. With a variety of available sizes, inconsistent and occasionally extremely low mintage numbers, and a strong collector community, the Silver Libertad is one of the most collectible modern bullion coins.

Collecting the Mexican Silver Libertad is not for the faint of heart. While most sovereign silver coins mintages fluctuate based on demand, Mexico’s Libertad series mintages are predetermined. La Casa de Moneda de México, the official Mint of Mexico, produces only a certain number of Mexican Silver Libertad coins annually.

More than perhaps any other modern silver coin, mintages matter for Mexican Silver Libertad collectors. The series offers several major key dates, and building a type set is one of the toughest challenges in the bullion coin space.

On this page, browse Mexican Silver Libertad mintages by year, learn about the series’ key dates, and more.

What is the Mexican Silver Libertad?

The Mexican Silver Libertad is a silver coin produced by La Casa de Moneda de México, the Mexican Mint. First minted in 1982, the coin contains 99.9% pure silver. On its obverse, the coin showcases the current Coat of arms of Mexico surrounded by 10 earlier versions of the symbol. The reverse depicts the Angel of Independence, a statue found in Mexico City, in front of two volcanoes amid a desert landscape.

For the bullion series, the Mexican Silver Libertad was exclusively produced as a 1 oz coin until 1991. From 1991 onward, fractional Mexican Silver Libertad coins were available in five sizes:

• 1/20 troy oz
• 1/10 troy oz
• 1/4 troy oz
• 1/2 troy oz
• 1 troy oz

Proof Mexican Silver Libertad coins offer even smaller mintages. The first proof released in 1983 as a 1 oz coins, with fractional weights debuting in 1992. 2 and 5 oz proofs were first introduced in 1996, and the kilogram Proof Mexican Silver Libertad hit markets in 2002. Reverse proofs of the 1 oz debuted in 2015, followed by reverse proof 2 oz and 5 oz Silver Libertad coins in 2017.

No Face Value – But it’s Legal Tender

The Mexican Silver Libertad is one of the only modern silver bullion coins without a nominal face value. Silver Libertad coins are still legal tender, however, and can be exchanged as currency based on the current value of the silver they contain. Other bullion coins like the American Silver Eagle feature nominal face values and are not exchanged by banks based on melt value.

Design Eras: Changes in 1996 and 2000

Redesigns for the Silver Libertad series occurred in 1996 and 2000. The 1996 redesign changed the obverse artwork, which previously depicted the current Mexican coat of arms, to display the current Mexican coat of arms surrounded by 10 earlier versions of the symbol. In 2000, the modern 3/4 side view of the Angel of Independence replaced the original frontal view.

Mexican Silver Libertad Mintages By Year (Bullion Uncirculated)

The uncirculated Mexican Silver Libertad typically offers the highest mintage numbers for the Silver Libertad series annually. The lowest-mintage 1 oz uncirculated Mexican Silver Libertad is the 2025 release, with only 300 coins produced. Mintages peaked in 1992, with 2,458,000 coins produced by the Mexican Mint.

Below, read mintages for the entire series of uncirculated Mexican Silver Libertad coins.

Mexican Silver Libertad Mintages by Year (Brilliant Uncirculated)

Source: 1993–2025 figures are Banco de México’s official production statistics. These records only extend back to 1993, so figures from 1982 until 1992 are courtesy of Krause Publications’ Standard Catalog of World Coins.

 

Mexican Silver Libertad Mintages By Year (Proof)

Proof mintages for the Mexican Silver Libertad are almost universally lower than the standard uncirculated coin. These coins tend to trade at higher premiums. Key dates in the proof collection include 1983 (debut year for proofs), 1998 (500 minted), 1999 (600 minted), and 2025 (300 minted). Production of 1 oz proof Mexican Silver Libertads peaked with 30,006 coins in 1986, and 2024 saw a uniquely high modern mintage at 18,500 coins.

Below, browse 1 oz Silver Libertad proof coin mintages from 1983 until today.

Mexican Silver Libertad Mintages by Year (Proof)

Source: 1993–2025 figures courtesy of Banco de México’s official production statistics. Krause Publications’ Standard Catalog of World Coins was used to compile figures prior to 1993, with PCGS/NGC numbers cross-referenced on disputed figures.

 

Mexican Silver Libertad Mintages By Year (Reverse Proof)

Reverse proof Mexican Silver Libertad coins didn’t debut until 2015, and mintages have remained low each year. The lowest mintage in the reverse proof series is a tie between 2019, 2020, 2021, and 2022, all of which saw 1,000 coins minted. The 2024 issue is the highest-mintage reverse proof Mexican Silver Eagle to date, with 3,000 coins produced.

Interestingly enough, the production collapse that drove uncirculated mintages down to an all-time low did not impact the 2025 reverse proof mintage. With 1,900 coins produced, 2025 saw the second-highest mintage of reverse proof Silver Libertads.

Read a full breakdown of 1 oz Mexican Silver Libertad mintages (reverse proof) below.

1 oz Mexican Silver Libertad Mintages by Year (Reverse Proof)

Source: Figures sourced from Banxico data.

 

Silver Libertad Mintages Explained – Why is the Silver Libertad So Expensive?

New investors often note that Mexican Silver Libertad premiums tend to be considerably higher than other sovereign silver coins, such as the American Silver Eagle, Canadian Silver Maple Leaf, or British Silver Britannia.

Silver Libertad coin premiums are high primarily due to low mintage numbers compared to other major silver bullion coins. While mintages for the American Silver Eagle and other sovereign coins are tailored to match investor demand, the Mexican Mint only produces a set, limited number of Mexican Silver Libertad coins annually.

Complicating matters even further for Silver Libertad collectors, mintages are not consistent between most years. Because demand for the series from collectors is generally high, premiums can vary considerably between releases. This inconsistency only adds to the series’ collectability; building a full date set of Silver Libertad coins is a challenge unlike anything else in the modern bullion niche.

Which Silver Libertads Are Actually Rare?

Due to historically low and inconsistent mintage numbers from year to year, the Mexican Silver Libertad series features a number of key and semi-key dates to collect. Of particular note is the 2025 1 oz Silver Libertad, referred to by some collectors as a “Black Swan” event for the Mexican Silver Libertad market. That year, the Mexican Mint produced only 300 1 oz Silver Libertads, making it the rarest 1 oz coin ever released in the series.

Below, browse a curated list of the rarest Mexican Silver Libertad coins to look out for.

Silver Libertad Key Dates & Rarities at a Glance

Sources: 1 oz Brilliant Uncirculated and 2012 proof data sourced from Banco de México’s official production data (2025 finals published in January 2026). Proof, fractional, reverse-proof, and antique-finish figures are compiled from established numismatic references, primarily the Standard Catalog of World Coins.

 

Lowest-Mintage Mexican Silver Libertad

The lowest-mintage Mexican Silver Libertad ever produced is the 1999 5 oz Proof Silver Libertad, which had a total production of just 100 coins. Among standard 1 oz Silver Libertads, the shockingly rare 2025 1 oz Mexican Silver Libertad coin is the lowest-mintage bullion release, with only 300 coins minted.

Many of the other ultra-low mintages in the Mexican Silver Libertad series come from either proofs or fractional coins.

Why Do Mexican Silver Libertad Mintages Matter?

Mintages in the Mexican Silver Libertad series primarily matter for collectors interested in building a date set, collecting or trading rare coins, or finding an affordable entry point for the series. Because of consistently low mintages and the long list of key dates coins in the collection, many Mexican Silver Libertad coins trade at high premiums over melt. Understanding the series’ historic mintages can help investors better navigate the strange market for Mexican silver coins.

Frequently Asked Questions About Mexican Silver Libertad Mintages

How Many Silver Libertads Are Minted Each Year?

Mexican Silver Libertad mintages vary by year, as well as across finishes (bullion uncirculated vs. proof) and weights (1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, 1 oz, 2 oz, 5 oz). Mintages for the 1 oz BU Mexican Silver Libertad have ranged from a historic low of 300 coins in 2025 to an all-time high of 2,458,000 coins in 1992. Before the low 2025 mintage, the lowest-mintage regular issue Mexican Silver Libertad was the 1998 coin, with 67,000 pieces struck.

Mintages for the Mexican Silver Libertad are typically lower for proof, fractional, and larger-than-1-oz coins. The overall lowest-mintage Mexican Silver Libertad is the 1995 5 oz Proof Silver Libertad at an estimated 100 coins.

How Many Mexican Silver Libertads Have Been Minted in Total?

Estimates vary, but the Mexican Mint has produced around 34-35 million 1 oz standard BU Silver Libertad coins since the series began in 1982. This number only includes the standard 1 oz bullion coin, however, and does not account for fractional coins, proofs, or specialty strikes produced annually by the Mexican Mint.

Why Are Silver Libertad Premiums So High?

Silver Libertad coin premiums are so high because of a combination of strong demand among collectors and limited availability. The Mexican Mint produces a limited number of Silver Libertad coins annually, and mintage figures are predetermined and do not change to account for spikes in demand. As a result, demand for the Mexican Silver Libertad almost always outstrips available supply, driving demand higher. Premiums vary from coin to coin, with the lowest mintages commanding the largest premiums on the secondary market.

Does the Silver Libertad Have a Face Value?

Unlike most modern sovereign bullion coins, the Mexican Silver Libertad has no face value, although it is considered legal tender in Mexico. The Mexican Silver Libertad is traded by banking institutions based on the current spot price of silver, making it relatively unique among contemporary silver coins.

Why Did the Silver Libertad’s Design Change?

The Mexican Silver Libertad changed designs twice: once in 1996 and again in 2000. In 1996, the coin’s obverse changed from the current Mexican coat of arms to the current Mexican coat of arms surrounded by 10 previous versions of the symbol. The 2000 rework saw the Silver Libertad’s coin change from the original frontal view of the Angel of Independence to the modern 3/4 side view.

Final Thoughts: Mexican Silver Libertad Mintage Charts

The Mexican Silver Libertad is one of the most popular modern silver bullion coins to collect. Inconsistent and relatively low annual mintages have created a range of key dates, making a Silver Libertad date set a real accomplishment for collectors to achieve. Mintage numbers for this iconic Mexican silver coin vary annually and across weights and finishes.

You might also be interested in:

• About the Mexican Gold Libertad Coin
• How to Spot Fake Silver Coins
• Shop Mexican Silver Libertads Online