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1/4 Onza 'Libertad'
| Issuer | Banco de México |
|---|---|
| Year | 1991-1995 |
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| Currency | Bullion coinage (1947-date) |
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| Obverse description | The obverse displays the Mexican national coat of arms in high relief against a mirror-polished field, depicting a Mexican golden eagle perched upon a prickly pear cactus growing from a rocky outcrop, devouring a serpent in its beak and talon. The composition is framed below by a garland of oak and laurel branches tied with a ribbon. The circular legend ESTADOS UNIDOS MEXICANOS arcs along the upper periphery within a beaded inner border. |
|---|---|
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| Edge | Reeded |
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| Additional information |
The Libertad series was introduced in 1982 as Mexico's bullion response to the Krugerrand and Maple Leaf, with Banco de México deliberately pricing the coins at a premium over spot to position them as collectibles as much as hard currency. The quarter-ounce denomination arrived later than the full and half ounce, filling out the range for smaller investors once the series had established itself.
The 1991–1995 window coincides with Mexico's entry into NAFTA negotiations and a period of artificial peso stability that preceded the catastrophic December 1994 devaluation — the so-called "Tequila Crisis" — which briefly collapsed confidence in Mexican financial instruments and, paradoxically, drove renewed retail demand for physical silver.