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1/2 Onza 'Libertad'
| Issuer | Banco de México |
|---|---|
| Year | 1991-1994 |
| Type | Non-circulating coin |
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| Obverse description | The Mexican national coat of arms occupies the central field, depicting a Mexican golden eagle perched upon a prickly pear cactus growing from a rocky outcrop, grasping a serpent in its beak and talons. The eagle is rendered in fine relief with detailed feathering and outstretched wings in a heraldic posture. A garland of oak and laurel branches frames the base of the central device. The legend ESTADOS UNIDOS MEXICANOS arcs along the upper periphery in raised Latin lettering. The coin's outer rim bears a continuous reeded border of raised denticles. |
|---|---|
| Obverse script | Latin |
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| Additional information |
The Libertad series was launched in 1981 as Mexico's answer to the Krugerrand and Maple Leaf, giving Banco de México a bullion product competitive on international markets. The half-ounce gold denomination arrived later in the series and has always had notably lower annual mintages than the one-ounce, making mid-series dates from the early 1990s genuinely difficult to locate in quantity.
Unlike many sovereign bullion coins, Libertads carry no face value — a deliberate policy choice that allows the coins to float freely against gold spot without the legal fiction of an understated denomination tying them to the peso.