Libertad (coin)

The Libertad is a bullion coin produced by the Mexican Mint (Casa de Moneda de México). First minted in 1981, it contains .999 fine silver or gold and is available in various sizes, typically ranging from 1/20 ounce to 1 ounce. Unlike many government-backed bullion coins, the Libertad does not have a face value denominated in Mexican pesos. Its value is derived solely from its precious metal content and collector demand.

The design on the obverse features the Winged Victory statue (El Ángel de la Independencia) in front of a backdrop of the volcanoes Popocatépetl and Iztaccíhuatl, iconic landmarks of Mexico City. Earlier versions showed the Mexican coat of arms surrounded by different national coats of arms used throughout Mexican history. Later designs consistently depict the current coat of arms.

The reverse traditionally features the current national coat of arms of Mexico, an eagle devouring a serpent, based on the Aztec legend of the founding of Tenochtitlan (modern-day Mexico City). Variations in design and metal purity have occurred throughout the coin's history, leading to interest among numismatists and collectors. The Libertad is considered a popular bullion coin worldwide due to its high purity and aesthetic design.