1947 MEXICO 50 PESO GOLD COIN BU

1947 Mexico 50 Peso Gold Coin BU

This gold coin hails from Mexico and bears the year of 1947. The coin is for sale in BU condition, which stands for Brilliant Uncirculated. Hence, this coin has never circulated and is in excellent condition. Its weight is 1.2057 oz, while the cost of the coin is $6066.71. Presently, the status of this coin is out of stock.

Why the 50 Peso series is important

The Mexican 50 Peso series of gold coins is one of the more recognized gold coin series issued by Latin America. Not all coin series were issued for a long time, but the 50 Peso series was issued over a period of many decades, and therefore, each coin from any particular year, such as the year 1947, brings along a little bit of its history. Some coin collectors collect coins based on the year they were issued, while others collect them just for the gold itself.

Coin background history

The reverse of the coin depicts the emblem of Mexico featuring an eagle perched on a cactus and grasping a snake in its claws. The obverse of the coin depicts the Angel of Independence—a statue located in Mexico City and well-known throughout the country. This design appeared for the first time in 1921 in commemoration of the 100th anniversary of Mexico’s independence and was further used on coins struck in subsequent years, such as this one in 1947.

Coin details

• Year: 1947
• Weight: 1.2057 oz
• Country: Mexico
• Condition: Brilliant Uncirculated (BU)
• Front side: Mexican coat of arms
• Back side: Angel of Independence

Buy and shipping information

• Payments are made through a secure and encrypted checkout.
• Every coin is checked for quality before it goes up for sale.
• More than 10000 people have already bought from this seller.
• Orders leave within 2 to 5 business days once stock is available.
• Shipping is insured no matter whether it goes to a home or a depository.

Reasons why this coin is valuable

This coin can appeal to two kinds of buyers. Someone looking to simply hold gold will like that it carries decent weight, slightly more than a full ounce, and comes from an era when coins were still handled differently than modern bullion. Someone who enjoys collecting will like that this is not a brand new coin but one that has history behind it, tied to a design that Mexico has used to mark its independence.

A coin from that particular older year, like 1947, is not currently being minted anymore; therefore, the amount of that particular year’s coinage in existence comes from what is presently circulating between dealers and collectors. That is why it is slightly different from purchasing an item such as a newer-year bullion coin, because the supply of the coins comes from the existing supply only, since it is not a newly minted coin. The present availability for this particular coin in the listing is stated to be unavailable, but one can contact the number shown on the website to inquire about the price and supply.