The value of a Mexican Centenario coin (50 Pesos) can vary, but generally it is worth the price of the gold content plus a premium for its collectibility.
Here’s a breakdown of factors influencing its value:
- Gold content: The Centenario is a gold coin, typically weighing 1.2057 troy ounces and with a purity of 90% gold. This means its base value is directly tied to the current market price of gold.
- Condition and rarity: Coins in uncirculated or graded condition generally command higher prices. Certain years or issues may also be rarer, making them more valuable to collectors.
- Dealer premiums: Dealers will often add a premium above the spot price of gold to cover their costs and profit margins.
- Accessories: Coins set in bezels or pendants, especially with added diamonds, will naturally have a higher value than the coin itself.
Based on recent market information:
- Dealers are selling Centenario coins for prices ranging from approximately $4,126 to over $5,000, depending on the seller, quantity purchased, and payment method.
- Coins with special features, like a 1921 Centenario Mexican 50 Pesos Mexican Pcgs Ms62+ Graded First Year can fetch even higher prices.
It is important to note:
- Centenario coins are considered collectibles and may not be eligible for inclusion in precious metals IRAs due to their higher premium over spot gold prices.
- It’s always recommended to purchase Centenario coins from reputable dealers to ensure authenticity and fair pricing.
What year is Centenario worth the most?
Good point! The date on the right indicates year of mintage, with the 1921 and 1931 (the last year of the original series) mintages being particularly valuable. Production restarted in 1943 due to the demand for gold coins, and coins minted between 1949 and 1972 are usually marked “1947”.
Is a Centenario 22k or 24k?
Good point! Metal: 22k Yellow Gold (. 900 fine) Weight: 1.2057 oz (37.5 grams)
How much gold is in a Mexican Centenario?
The Centenario is 90% gold and 10% copper, and is composed of 37.5 grams, or 1.2057 troy ounces, of actual gold. It measures at 37mm in diameter and weighs 41.67 grams.