Posts Tagged ‘Bullion Coins’

4
Jul

Mexican Silver Libertad Bullion Coin

silver libertad onza

Libertad is the Spanish word for Freedom.

In 1982, the Mexican Mint started to produce the Mexican Silver Libertad 1 Onza Bullion Coin for investors and collectors.

From 1982 to 1996, the Mexican Silver Libertad Onza portraited the same design as the Centanario “Winged Victory” Angel design taken from Mexico’s 50-peso gold bullion coin.

Mexican Libertad Obverse Silver Coin Malaysia

Mexican Libertad Silver Coin Malaysia

New Design

In 1996, the Silver Libertad Bullion Coins changed the reverse side of the coin to the current “Winged Victory” design.

The Angel of Independence

El Ángel de la Independencia or The Angel of Independence design on the Mexican silver bullion coin represents the famous statue of Winged Victory.

The famous Mexican statue is located on a roundabout in the Paseo de la Reforma in downtown Mexico City.

The Angel of Independence is depicted as flying atop a victory column know as the “Independence Column or Columna de la Independencia.”

“El Angel”, as the statue is commonly known, holds in her right hand a laurel crown, symbolizing Victory, while in her left hand she holds a broken chain, symbolizing Freedom.
winged victory angel
El Angel was built in 1910, to commemorate the Centennial of the beginning of Mexico’s War of Independence.

The Statue is made of solid bronze and covered in 24k gold, it weighs 7 tons.

The Angel of Independence is one of Mexico City’s most recognizable landmarks.

 

Mexican Libertad Obverse Silver Coin Malaysia

Mexican Libertad Obverse Silver Coin Malaysia

Obverse

The Center of the silver bullion coin features the National Coat of Arms of Mexico.

The coat of arms depicts a Mexican Golden Eagle perched upon a cactus with a snake in its beak.

It symbolizes Tenochtitian, the Aztec Capital, now Mexico City

Below the Eagle is a wreath, half made of oak leaves the other half made of laurel leaves.

Surrounding the Coat of Arms are the words “ESTADOS UNIDOS MEXICANOS.” (The Official Name for Mexico in Spanish)

Encircling, Outside of the Mexican Coat of Arms are the reproductions of various Coat of Arms used throughout Mexico’s history.

Reverse

The reverse side of the 1 oz. Mexican Silver Libertad bullion coin features the “Winged Victory” angel design.

The angel is depicted as towering above volcanic mountain peeks of Popocatépetl and Iztaccihuatl.

The volcanic peaks memorialize the legend of two lovers for whom they were named.

Inscribed along the top of the 1 oz. Silver Libertad bullion coin is “1 ONZA” (one ounce), “PLATA PURA” (pure silver).

The year of issue is also inscribed along the top of the coin, along with the word “Ley” (pure) “.999” representing the silver purity of the coin.

The Mint Mark of the Mexican Mint is inscribed to the left of the Winged Angel through the symbol of the “M” under a “O.”

The Mexican silver bullion coins do not have a face value.

2
Apr

Update from Singapore International Coin Fair 2013

The Singapore International Coin Fair (SICF) 2013 (www.sgcoinfair.com) took place on March 29th – 31st, held at the Sands Expo and Convention Centre, Level 1 – Hall A, which is located within the world-class Marina Bay Sands integrated resort.  It is organised by Panda America (www.pandaamerica.com).

[Read more →]

20
Feb

Royal Canadian Mint 2013 Wood Bison Silver Bullion Coin

The Royal Canadian Mint has unveiled the final design within the Canadian Wildlife Silver Bullion Coin series. This six coin series has celebrated Canada’s rich and abundant wildlife on limited mintage one ounce silver coins.

Canadian Wildlife Wood Bison

The 2013 Wood Bison Silver Bullion Coin features a depiction of the animal galloping in a display of strength and endurance. [Read more →]

13
Oct

How are Silver Coins Minted?

Blanking, extruding, minting, these may be jargons to many of us, yet they are common terms in metal work industry.  Silver, a precious metal, is soft and easier to work on, compared to the other industrial metal.  When you are holding your American Eagles or Canadian Maples, all of them went through similar processes.  Let us explore what are the steps involves in minting silver coins.

1. Melt

Coins’ life journey began underground, where miners bring them up from the ground and minting factories bring them in as ores.  Another major source of silver today is from recycled sources, such as old picture/x-ray films & electronics.  As you can see from the video, they used the sides of the blanked-pieces and re-melt them, resulting in almost zero-waste production.

Pure silver’s melting point is 962 °C (1763.5 °F) thus to be safe, minters heats them to over 1093°C (2000 °F).  The solid silver will then melts into red hot liquid form. Then it is poured into billets, into a form or size depending on the factory’s machinery capabilities.  Thus the shapes and sizes of the billets varies from one to another.
[Read more →]

13
Apr

10-kg 99.999% Pure Gold Coin from the Royal Canadian Mint

At current market price (USD$1669/ozt), be prepared to fork out at least USD$536,880 for a piece of the art. That’s approximately RM1.665 million.

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