About the Libertad 1 oz Silver Coin 2012
By StoneX Bullion
Libertad 1 oz Silver Coin 2012 Characteristics
In 9182 the Mexican government decided to issue the silver Libertad bullion coins, a little larger in diameter than the majority of coins made of silver but with much popularity among collectors and investors and the Libertad 1oz silver coin 2012 is their latest issued coin form this series.
Other denominations in which the Mexican Libertad silver coins were minted are: 1/20oz, 1/10oz, 1/4oz, and 1/2oz all which were added in 1991 and the 2oz and 5oz added in 1996. Until then was issued only the 1 troy ounce of silver denomination, like the Libertad 1oz silver coin 2012. In 2002 there was also added a heavy and impressive denomination of 1 kilogram.
The Libertad 1 oz silver coin 2012 has fineness of 99.90%, a diameter of 40 mm, a thickness of 3 mm, and weighs 31.10 grams or one troy ounce of pure silver.
Libertad 1 oz Silver Coin 2012 Design
The design present on the Libertad 1oz silver coin 2012 was firstly engraved in 1996. The idea of a winged angel on the reverse remained the same and the Mexican Mint only differently engraved the angel of independence.
The reverse of the Libertad 1oz silver coin 2012 depicts the Angel of Independence that it was engraved using as a model the Angel that is situated on the top of the famous golden statue from the center of Mexico City, which weights no less than eight tons. In one hand the winged angle holds a laurel crown which symbolizes victory and in the other one it has a broken chain with the meaning of freedom. On the reverse of the Libertad 1oz silver coin 2012 it is also inscribed 1 ONZA PLATA PURA 2012 LEY .999.
The obverse of the Libertad 1oz silver coin 2012 depicts in the center the Mexican coat of arms, which is represented as the triumph of an eagle over a snake and around it other ten varieties of this design. The only inscription is ESTADOS UNIDOS MEXICANOS.
Libertad 1 oz Silver Coin 2012 Modern Investment
Through the issuing of the Libertad silver coins of different denominations, the Mexican government wanted to commemorate the hardly obtained independence from Spain. It is a bullion coin that reminds people of a tumultuous past. And by issuing the Libertad 1oz silver coin 2012 this tradition is carried on. Therefore this coin issued in 2012, a modern bullion silver coin, can be somehow considered a full of historic significance coin under the name of Libertad 1oz silver coin 2012.
The Libertad 1 oz silver coin 2012 is a great long term investment which will increase in value as the silver price increases. It is a great hedge against currency devaluation and inflation and it is also issued by a country which has gone through a terrible crisis in 1994 when its currency suddenly devaluated.
Therefore, individuals should acquire the Libertad 1oz silver coin 2012 at least for these reasons plus an alternative reason which increases the profit obtained from this coin and that is its limited mintage driven only by demand.