Gold and silver coins: what is their value on February 27

When it comes to investing, one of the most used options is buy gold and silver coinstwo precious metals whose value increases steadily over time.

The cost of these parts changes daily, mainly due to the international price of gold and silver, as well as the dollar exchange rate; even in each authorized seller of parts he puts his price.

This is why if you have in mind to buy, or even sell, one of these parts it is important to keep abreast of its cost. These are those of this Monday, February 27.

Gold and silver

Different banks are part of the Official sellers by the Bank of Mexico (Banxico) some issues silver and gold coins.

These banking establishments make known on their official pages the price of the coins of these precious metals that they buy and sell, which they constantly update.

Aztec Bank

silver ounce: 386 pesos to buy and 486 pesos to sell

citibanamex

golden centenary: 22,100 pesos to buy and 42,100 pesos to sell

Banorte

golden centenary: 36,500 pesos to buy and 47,000 pesos to sell.

golden gentleman: 6,900 pesos to buy and 9,900 pesos to sell

gold aztec: 13,800 pesos for buying and 19,800 pesos for selling

silver ounce: 550 pesos for sale and 350 pesos for purchase

Prohibition region

centenary: 44,959 pesos per sale

silver ounce: 506 pesos per sale

In the rest of the authorized distributors, you must visit a branch to find out more about their offer of gold and silver coins.

Types of gold and silver coins

There golden family It is composed of three types of parts: Centenario, Azteca and Hidalgoaccording to information from the Bank of Mexico (Banxico).

He centenary It appeared in 1921 as a common coin to commemorate the first 100 years of Mexican independence, its original value was 50 pesos.

It was in circulation for 10 years, until its minting was suspended in 1931, but returned in 1943 due to increasing demand for gold coins.

On its obverse side, the Centenary shows the national emblem and on his back the winged victory which is located at the top of Angel of Independenceas good as Iztaccíhuatl and Popocatépetl volcanoes basically.

According to Banxico, the Centenario has a pure gold grade of 1.20565 ounces and, like all coins in the Centenario family, its purity is 0.900.

For its part, the Liberty silver ounce It has the same design as the Centenario de oro: the national emblem on the front and the winged victory of the monument of Angel of Independence and in the background the Popocatépetl and Iztaccihuatl volcanoes.

The emergence of the Liberty Ounce was given to replace the silver coin known as the scale troy ounce in the market and standardize it with the gold coins, also giving it a liberating power character .

As the name suggests, the coin includes one ounce of pure silver and has half, quarter, tenth, and twentieth ounce versions.

In recent years, Banxico has released new versions of the Libertad series of the silver coin, but instead of an ounce, it’s a kilo, which it delivers in a matte or mirror finish, in a beautiful box of presentation and a certificate of authenticity. .

On the AztecBanxico explains that it was originally minted in 1917, with an original value of 20 pesos and a grade of 0.48227 ounces of pure gold.

On its obverse it also bears the national emblem and on his back the stone of Aztec calendar.

The last gold coin is the Hidalgowhich was born under the reform of 1905 with an original value of 10 pesos and a content of 0.24113 ounces of pure gold.

It was the first gold coin to have a national hero on its reverse: Michael Hidalgo, hence its name. Like the previous coins, it bears the national coat of arms on its obverse.

The Hidalgo has its 5, 2.5, and 2 peso versions, with contents of 0.12057 ounces, 0.06028 ounces, and 0.04823 ounces of pure gold, respectively.