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The 1/10 oz Mexican Gold Libertad is the second-smallest denomination of bullion coin released by the Mexican Mint. It offers a beautiful coin cast in .999 fine gold.

1/10 oz Mexican Gold Libertad Price

No matter what size gold coin you want to buy - the 1/10 oz Libertad or something else - their prices are determined by using two elements. The first of those elements is the spot price of gold.

The spot price for gold is the value of expiring gold futures contracts on the commodity exchange. However, for all normal people, the spot price represents the price to buy a troy ounce of gold.

The spot price is also the foundation for valuing any gold products. However, because it is a measure of a full ounce, it is necessary to rightsize it for the 1/10 oz coin. So, the spot price of gold for a 1/10 oz Libertad is the overall spot price divided by 10.

On top of the proportional spot price, precious metals dealers and coin shops add an additional fee as the payment for their services. This fee is known as the premium, and it is usually expressed as an additional percentage of the spot price.

For 1/10 oz Mexican Gold Libertads, the premium percentage ranges between 30% and 41% over the spot price. This premium range puts these coins at the higher end of the range, but that’s not unexpected for the Libertad series.

All gold Libertads command higher prices because of their relative rarity. The Mexican Mint has had several off-years of production, and even when it is pumping out these coins, it does so in more limited numbers than other sovereign mints tend to do.

However, their rarity means that you will never have to search for a buyer when you want to sell. 1/10 Mexican Gold Libertads are some of the most desirable coins among collectors that you are likely to find.

Find the Lowest Price on 1/10 oz Mexican Gold Libertad

Even though you are going to be paying a bit for a 1/10 oz Libertad, that doesn’t mean you have to be cavalier about it. You want to do everything you can to keep the premium you pay at a minimum. So, here are some things you can do in that regard.

Perhaps the most important action you take is selecting a dealer. We can particularly recommend checking out the following four:

• JM Bullion
• BGASC.com
• Silver.com
• Provident Metals

However, you should not limit your dealer shopping to these four. Look for the best set of premiums that you can find.

There are a couple of caveats. The dealers above notwithstanding, you need to make sure your chosen dealer is a reputable one with terrific customer ratings and solid experience. So, it is imperative to do your homework.

The other danger is if the deals you find are a bit too good. Any offers at the spot price (with no premium) need to be special and short-term, or they are suspect. Any offers below the spot are extremely suspicious and should likely signal you to find another dealer.

Once you’ve settled on a dealer, then look at the selection of 1/10 oz Libertads, and look for the following things:

• Coins that are not labeled as proofs or uncirculated. These types of coins are always more expensive because of the precision of their minting processes and the care afforded to their packaging and handling.
• Coins from a random year. Although all Libertads are valuable, some mintages of them are especially desirable and come with price points to match.
• Multiple coins sold in plastic tubes. If you can afford the high upfront cost, you will reap the rewards of per-coin savings for as long as you own your set of Libertads.

Description

Though the Mexican Gold Libertad coin series began its life in 1981, it was a decade until the 1/10 oz and 1/20 oz denominations appeared on the scene. The Mexican Mint released these and three other denominations (1 oz, ½ oz, and ¼ oz) until 1994.

Between 1995 and 1999, there were no new Libertads of any size. After a brief production run in 2000, they again became dormant in 2001. A consistent annual production schedule has only been a feature of these coins since 2002.

The 1981 coins were minted only to be .900 fine. However, when production of fractionals resumed in 1991, all of them were made in much purer .999 gold.

Though the production of 1/10 oz Libertads hasn’t always been consistent, their design has remained the same. The obverse of the coin bears a familiar design to all - the Mexican coat of arms. This image, an eagle eating a rattlesnake sitting on a cactus, is also the unmistakable sigil on the Mexican Flag.

The reverse is also meaningful to the Mexican people. A winged depiction of the goddess Victoria appears, and the depiction is reminiscent of a famous statue commemorating Mexico’s 1810 independence from Spain. Two Mexican volcanoes, Popocatepetl and Iztaccihuatl, appear in the background of the reverse image as well.

The 1/10 oz Mexican Gold Libertad does not have any face value.

Coin Highlights

Here are the basics about the 1/10 oz Mexican Gold Libertad:

• 1/10 troy ounce of gold.
• .999 purity.
• Produced between 1991 - 1994, in 2000, and since 2002.
• No face value on either obverse or reverse.
• Obverse features Mexican coat of arms - an eagle eating a rattlesnake on a cactus.
• Reverse features Winged Victory - a symbol of Mexican independence.
• Limited mintages increase their value and desirability.

Buying Fractional Coins

The impulse to buy a 1/10 oz Mexican Gold Libertad, or any fractional coin, is its price. These coins offer gold to a wider group of people due to their lower cost.

However, with this easier access, there is a downside. Their premium percentages are always higher than the larger coins. 

For instance, the least expensive 1/10 oz Libertad bears a premium of around 20%. By contrast, a 1 oz Libertad is available for no more than roughly 8% - still higher than many 1 oz coins, but much lower than the fractionals.

So, if a fractional is all you can afford, that’s fine - you’re not making a bad purchase. You should know what the tradeoff is, though.

Specifications