What Is A 20 Peso Gold Coin Worth

Minted in mexico city the mexican gold peso coins contain 90 fine gold and 10 copper.

What is a 20 peso gold coin worth.

Using the table above calculate the value of any coin by multiplying the gold content in troy ounces by the current spot price of gold. The the coins value is 1 205 ounces x 1400 per ounce about 1700 kitco reports the current value of gold which is pure bullion value. Coin value calculations use the 2 15 pm pdt gold price for october 02 2020. Up until the introduction of the south african kruggerrand in 1967 the mexican gold peso was considered the purest gold coin in the world.

Mexican gold 20 pesos mexican gold peso coins are some of the most beautiful gold coins in the world. Today that price is approximately 1150 per ounce. These coins gain their value from the gold then contain. 2 4 5 10 and 20 pesos.

Rare 20 gold coin value guide. The mexican gold peso is sought by both investors and collectors for its tremendous value and investment potential and for its historical value. 1150 x 0482 55 43 the actual value of this coin. The mexican 50 peso coin was minted from 1921 to 1947 but an additional 4 million coins were issued between 1949 and 1972.

Minted in mexico city the gold peso contains 90 fine gold and 10 copper. In 1915 and 1916 cuba issued several nice looking gold coins in five denominations. All values shown in usd. The addition of copper during the minting process gives the coins a density that gold alone cannot provide.

Gold coin values below are based on the live bid price at the cme. The addition of copper during the minting process gives the gold peso coins a hardness that gold alone cannot provide. The coins come in a variety of sizes and weights from the 2 peso all the way up to the 50 peso. Mexican gold pesos have been a gold bullion enthusiasts favorite for years because of their beautiful designs and reasonable trading price.

For example a two peso gold coin contains 0482 troy ounces of gold. While that is only a 74 year span more than one hundred different types of 20 gold coins exist when you factor in all of the different denominations designs and mint marks. Of these 4 million coins nearly all of them are dated 1947. The total gold content of the mexican 50 peso coin is 1 2057 troy ounces and the coins commonly sell for a small premium above the gold contents value.

1 2057 of an ounce. The last year that the mint made 20 gold coins for circulation was 1933. The values below only reflect the gold value not rarity or numismatic value.