First minted in 1921, the Mexican 50 Peso gold coin holds special meaning to the people of Mexico with its design.
In 1910, the country commemorated the one hundredth year since the beginning of its war of independence with Spain.
To celebrate their freedom on this centennial event, a giant column bearing a statue influenced by the ancient Greeks was erected in Mexico City. The statue was the winged Nike, or Victory, and she stood 6.7 meters tall. Composed of bronze and gold, the figure was dubbed the Angel of Independence. The Angel of Independence statue has two unique items in her hands: A laurel crown, an obvious gesture of victory as Greek champions were often awarded laurels for their victories, and a broken chain, symbolizing freedom from oppression and bondage. This statue, and the proud spirit she represents, were depicted on the obverse face design of the Mexican 50 Peso coin.
The Mexican 50 Pesos gold coin is minted from a 90% gold and 10% copper alloy. It contains 37.5g of fine gold and weighs a total of 41.67g.
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