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1⁄15 Onza 'Libertad'

Issuer Casa de Moneda de México
Year 1987
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Composition Gold (.900)
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Obverse lettering CASA DE MONEDA DE MEXICO ORO .900 PESO 1/15Oz.
(Translation: Mexico Mint House Gold .900 Weight 1/15 Ounce)
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Edge Reeded
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Additional information

The fractional Libertad gold series was introduced in 1981, with the 1/15 onza added later as Mexico expanded the range to give smaller investors and collectors access to the program. The 1987 date falls within a period of acute economic stress in Mexico — the peso had collapsed following the 1982 debt crisis, and gold coin sales were partly driven by domestic demand for hard-asset protection. Ironically, most buyers were foreign, as Mexican citizens had limited means to acquire them at prevailing prices.

KM#628 is a short-lived type; the 1/15 onza denomination was not struck every year and saw only limited mintage runs.

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