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The ½ oz Mexican Gold Libertad is the largest fractional bullion coin produced by the Mexican Mint. It is part of the Libertad coin series, which - due to low and sometimes intermittent mintages - is highly valued for its rarity in comparison to other mass-produced sovereign bullion coins.

1/2 oz Mexican Gold Libertad Coin Price

The underlying value of any gold coin, including the ½ oz Libertad, is the spot price for a troy ounce of gold. The spot price, though technically the going price for expiring gold futures contracts, is the de facto market price that everyone in the precious metals community uses.

On top of the spot price, every precious metal dealer attaches a premium. The premium is the additional fee that the dealer charges for putting you in touch with the various mints and refiners. 

For ½ oz Libertads, the premium is usually 25% to 27% over the spot. As premiums for fractional bullion coins go, these percentages are quite a bit higher than average. 

We mentioned that gold Libertads are never produced in great numbers, and there have been several notable pauses in production. So, the premiums reflect their significant rarity and concurrent reverence they command from investors.

However, that same reverence also equates to tremendous amounts of liquidity when you decide to sell your Libertad. Rest assured; you won’t find it hard to get top dollar for your investor.

Find the Lowest Price on 1/2 oz Mexican Gold Libertad Coin

Inasmuch as you are able, you should endeavor to get the best and lowest price you can for a ½ Mexican Gold Libertad. It won’t be easy, but it’s worth your time to try to cut down the premium as much as possible.

The first thing to do is shop around. We can recommend four sites immediately - JM Bullion, Provident Metals, BGASC.com, and Silver.com. You can trade with any of these sites and be comfortable that your information and your deal are safe and secured.

However, there may be better deals, especially if they are short-term offers, with other precious online metals dealers. If you find one, the first thing to do is to gauge the repute and experience of the dealer. You don’t want to be the first sale for a dealer. 

Likewise, you shouldn’t take a deal if it seems too good to be true. Don’t accept a deal for under-spot price - there’s certainly something wrong with it

Once you settle on a dealer, there are a few strategies you can use to drill down on the most inexpensive ½ Libertad. Here’s what to do:

• Avoid proofs, uncirculated, or other specially crafted coins. These coins are always priced higher because of their increased level of care and precision.
• Choose a random year coin, if possible. Dealers have inventory like any other business, and they are willing to offer a deal if you can accept their coins in stock.
• If you can afford to buy plastic tubes or sheets of multiple ½ oz Gold Libertads, you should. Bulk pricing, favored by Costco shoppers, also works for gold coins.

Description

The ½ oz Mexican Gold Libertad is part of Mexico’s vaunted Libertad coin series. Technically, the coin series debuted in 1981, but after the launch, Mexico only produced the 1 oz. coin for the next ten years.

The fractionals returned in 1991, but the entire production - including the 1 oz coins - ceased between 1995 - 1999. They returned in 2000, lay dormant in 2001, and finally began uninterrupted production in 2002.

The 1981 versions of the ½ Libertad are especially rare due to their composition. Unlike the later specimens, they are minted to be only .900 pure. Newer Libertads are minted with .999 fine gold. However, the rarity of the 1981s likely compensates for their relative lack of purity.

The obverse of all Libertads features the familiar Mexican coat of arms. The image - a golden eagle sitting on a cactus eating a rattlesnake - is the same one that appears on the Mexican flag.

The reverse bears the depiction of Victoria, the Roman goddess of victory, in winged glory. However, Mexicans will recognize the depiction as symbolic of the country’s 1810 independence. Hence, the coin’s name, which means Liberty, reflects Mexico’s emergence as a sovereign nation.

Coin Highlights

Here are the quick hits for the ½ oz Mexican Gold Libertad:

• ½ troy ounce of gold
• Minted either in .900 fine gold (1981) or .999 fine gold (all others)
• Debuted in 1981, but experienced production pauses between 1982 - 1991, between 1995 - 1999, and in 2001.
• Low mintages during production years.
• Obverse features Mexican crest - the same symbol on the Mexican flag.
• Reverse features Winged Victory, a symbolic representation of Mexican independence.
• One of the rarest sovereign bullion coin series in the world.

Buying Fractional Coins

The reason to purchase a fractional Libertad versus a 1 oz Libertad is quite simple: the cost. You can still get a great deal of gold from a sovereign mint, but only pay slightly higher than half the price.

If the lower-priced ½ oz (or a smaller Libertad) is all your budget allows, that’s understandable. These coins are great investments, no matter their size.

However, you should keep it in the back of your mind that fractionals are not as cost-effective to purchase as their larger brethren. There are additional production costs and fees that end up tacked onto the price as an additional premium. So, if your priority is getting the most value for your dollar, you should try to buy the heaviest bullion coin you can (or several of them). 

Specifications