The centennial value of gold and silver depends on a series of factors (GlobeLiveMedia)

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 price of these coins 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 coins puts its value.

This is why if you have in mind to acquire, or even sell, one of these parts it is important to keep abreast of its cost. These are those of this Wednesday, March 15.

The Bank of Mexico (Banxico) has a list of authorized gold and silver dealers at the national level, composed mainly of banks, although it also has other options.

Many of these institutions have a section on their official pages with the sell and buy value of their precious metals.

Gold and silver are two of the most coveted precious metals by investors and collectors (REUTERS/Ilya Naymushin)
Gold and silver are two of the most coveted precious metals by investors and collectors (REUTERS/Ilya Naymushin)

citibanamex includes in its currency section the price of the golden centenarywho buys at 26,400 pesos and resells at 46,400 pesos, this Wednesday.

Aztec Bankfor its part, has the value of Liberty silver ouncethat they buy 422 pesos and resell 522 pesos, this March 15th.

While Banorte It has a whole section of metals in which the golden centenary at 36,500 pesos for purchase and 47,000 pesos for sale; he gold aztec at 13,800 pesos for buying and 19,800 for selling; he golden gentleman at 6,900 pesos to buy and 9,900 pesos to sell; and the silver freedom ounce at 425 pesos for sale and 270 pesos for purchase, for today.

Prohibition region only includes the selling price of the golden centenary and some Ounce of silver releasedat 48,720 pesos and 546 pesos, respectively, this Wednesday.

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

gold and silver coins "officers" are authorized by Banxico (REUTERS/Henry Romero)
“Official” gold and silver coins are licensed by Banxico (REUTERS/Henry Romero)

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 was born 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.

The main gold and silver coins (GlobeLiveMedia)
The main gold and silver coins (GlobeLiveMedia)

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.

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