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The Centenario is a Mexican gold bullion coin first minted in 1921 to commemorate the 100th anniversary of Mexico's independence from Spain. [1] The coin is not intended to be used as currency; the face value of 50 pesos is for legal purposes only, and does not reflect the actual value of the gold content.
Face value Coin Obverse design Reverse design Composition Mintage Available Obverse Reverse 50¢ Carver-Washington half dollar George Washington Carver and Booker T. Washington Map of the United States (Delaware was omitted) 90% Ag, 10% Cu Uncirculated: 12,006 (P) 12,006 D 122,024 S [6] 1954 50¢ Northampton, Massachusetts Tercentennial half dollar
The coin was produced by the Mexican Mint, which is the oldest mint in North America. The Mexico City Mint produced gold pesos in denominations ranging from two pesos to fifty . Each denomination shared a common design with the 2 peso gold coin being the smallest denomination gold coin issued for circulation by the United Mexican States.
From 1982 through 1995, the one, 1 ⁄ 2 and 1 ⁄ 4 ounce silver coins had slightly smaller diameters and greater thicknesses than current minted coins. From 1981 through 1990, the gold coins contained 90% gold (.90 fineness). The gold coins, since 1991, and all silver coins have contained 99.9% silver or gold (.999 fineness). [5] [6]
The restrictions on private ownership of gold certificates were revoked by Treasury Secretary Douglas Dillon effective April 24, 1964, primarily to allow collectors to own examples legally; however, gold certificates are no longer redeemable for gold, but instead can be exchanged at face value for other U.S. coin and currency designated as ...
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