Mexican 50 Pesos Gold Melt Value

A Mexican 50 Pesos Gold (Centenario) contains 1.2057 troy oz of pure gold, worth $4,818.87 at today's spot price.

First struck in 1921 to mark the centenary of Mexican independence, the 50 pesos contains more than an ounce of gold. Most coins on the market are restrikes dated 1947.

1921–1947

$4,818.87 gold melt value per coin

1.2057 troy oz gold · 90% gold, 10% copper

Melt values use these spot prices (US dollars):

  • Gold $3,996.90 per troy oz Current quote · Quote time Oct 25, 7:49 AM EDT

Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.

Specifications

Years 1921–1947
Face value 50 MXN
Composition 90% gold, 10% copper
Gross weight 41.667 g
Fineness .900 (90%)
Pure metal 1.2057 troy oz (37.5 g)
Diameter 37 mm

How the melt value is worked out

Melt value is the pure gold in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.

  • 41.667 g × .900 fine ÷ 31.1035 g per troy oz = 1.2057 troy oz
    1.2057 troy oz × $3,996.90 spot = $4,818.87

How to identify it

  • Winged Victory on the reverse with the volcanoes Popocatépetl and Iztaccíhuatl behind.
  • Restrikes are dated 1947 and contain the same gold as originals.
  • The reverse is marked 37.5 Gr. ORO PURO (37.5 g of pure gold).

Melt value vs. collector value

Restrikes trade close to melt; original dates other than 1947 can carry collector premiums.

Related tools

Sources

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