Silver Libertad Melt Value

A Mexican Silver Libertad contains 0.9990 troy oz of pure silver, worth $53.99 at today's spot price.

Mexico's silver bullion coin shows the Winged Victory statue from Mexico City's Angel of Independence, with volcanoes behind.

1982–present

$53.99 silver melt value per coin

0.9990 troy oz silver · 99.9% silver

Melt values use these spot prices (US dollars):

  • Silver $54.05 per troy oz Current quote · Quote time Oct 24, 2:49 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 1982–present
Face value —
Composition 99.9% silver
Gross weight 31.103 g
Fineness .999 (99.9%)
Pure metal 0.9990 troy oz (31.072 g)
Diameter 40 mm
Mint tube 25 coins (1 oz)

How the melt value is worked out

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

  • 31.103 g × .999 fine ÷ 31.1035 g per troy oz = 0.9990 troy oz
    0.9990 troy oz × $54.05 spot = $53.99

How to identify it

  • The winged Victory figure on the reverse; the Mexican coat of arms on the obverse.
  • Libertads carry no face value; they are legal tender at their metal value.
  • Coins from 1982 to 1995 are 36 mm across; from 1996 they are 40 mm. Both contain the same silver.

Melt value vs. collector value

Bullion coins usually sell for a premium over melt value. Proof, low-mintage and graded coins can be worth considerably more than their metal.

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Sources

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