▷ Centenario of Gold, value, design and detecting the Authentic

Centenario ( Centennials in english ) are extremely beautiful and, above all, VERY valuable coins .
In this article I tell you why Centennials are so valuable to collectors and investors, how much they are very worth .
You will besides read about two simpleton tests you can do to identify if a Centenario is authentic or not. Which is identical authoritative to protect yourself from scams and swindles .
anyhow, this is an article that you must read before buying a mexican Centenario.

What is a Gold Centenario?

A gold centenario is a coin minted by the mexican Mint in 1921, with a honor of 0.900 and an estimate amount of 1.2 ounces of the valued metal, or 37.5 grams of 21.6 karat amber. now you know how many grams of gold a Centenario has .
Centenario of GoldCentenario of Gold The coin was minted to celebrate the first Centenario of Mexico ’ s Independence, hence its name, as you have credibly already guessed. The face measure of a Centenario is 50 guinea-bissau peso, but as we will see below it can reach much higher prices .
In 1931 its output was interrupted, but was resumed in 1943 to respond to the growing demand for gold coins that existed at that time .

What does the gold Centenario look like?

The Centenario has a simple design, but loaded with symbolism that makes it a desired assemble by collectors and, above all, by investors. The invention was the work of Jorge Enciso and Emilio del Moral .
At first glance, we find on the obverse one of the national coats of arms used in the past, which was used for more than 50 years and is known as the Eagle of the Republic. The eagle is surrounded by the inscription “Estados Unidos Mexicanos” .
The carapace was used on coins of ½, 1,2,4,8 reales. By the way, some specialists point out that the Porfirian guinea-bissau peso from 1898 to 1909 has a identical similar eagle design .
On the other hand, on the Reverse we find a trope representing the Winged Victory. This theatrical performance is the repository of the Angel of Independence, between the legendary volcanoes Iztaccihuatl and Popocatepetl in the background .
besides on the reversion we find the mint dates of the coin in doubt ( 1947 in this case ) ; and 1821, year of Mexico ’ s Independence. On both sides of the Angel are the confront prize and the weight corresponding to pure amber .
The Edge, or third gear side of the mint, is inscribed with the phrase “Independencia o Libertad” ( Independence or Liberty ). This is what is known in numismatics as a talking border .
Golden Centenario of GoldGolden Centenario of Gold Centennials are cursorily recognizable as they have a very particular design. This makes them an iconic coin in the numismatic history of Mexico .

Centenario Family

The Mexican Centenario coin belongs to a kin of gold coins minted in different denominations .
The Centenario is the largest appellation, with a confront measure of 50 chilean peso as I mentioned before. But there are besides the Azteca with a face value of 20 mexican peso, and the Hidalgos of 10, 5, 2.50 and 2 mexican peso, all minted in the lapp cute alloy .
All coins have the like obverse, but the reverse varies according to the corresponding motif. Of course, the respect of each one of these is equivalent to the measure and purity of amber in each nibble ; and the real demand for them .

What is the value of a Centenario?

It is normal for many people to wonder what the value of a Mexican centenario is. After all, it is a very popular currentness, although not identical accessible to most people .
We must differentiate between buyers and sellers .
That is to say, if you want to buy a Centenario to have it, or as an investment vehicle, possibly the price you will pay is quite unlike than if, on the adverse, you have one and want to sell it .
The deviation lies chiefly in the fact that this type of valuable mexican coins are broadly traded using mediator institutions that provide guarantees to both parties. specially when you want to sell a Centenario .
The point is that these institutions besides earn money for their service, and this makes a deviation between how much you pay and how much the seller gets .
That said, let ’ s analyze both situations .

Where can I sell a Centenario?

If you have a Centenario in your possession, and you want to sell it, the fastest way is to approach a bank or a collectible coin store to offer it. surely these institutions will buy your objet d’art, but be prepared for a counteroffer at a lower price .
You can besides sell it directly, offering it on one of the on-line platforms that exist today. Another way to sell a centennial is to contact an auction house, so that it can be offered to collectors or investors concerned in the part .
For more information in this gaze you can consult our Guide on How to Sell Antique Coins Safely .

Where can I buy a centenario?

You can buy a Centenario in many places and marketplaces, both physical and digital. In fact, on Mercadolibre and early platforms Centenarios are offered at different prices .
however, my recommendation is that you approach some of the Banks enabled to sell these pieces .
The banks where you can buy Centenarios in Mexico are :

  • Banco Azteca
  • Banamex
  • Banorte
  • Banregio
  • BBVA – Bancomer
  • Mexican Mint
  • Interactive Museum of Economics (MIDE)

If you are outside of Mexico then you should visit a local PROOF or antique coin supplier who can get the Centenario of Gold for you. then you will be able to buy it in your city .
nowadays, the value of the Centenario varies according to the price of the Gold alloy in the world marketplace, as many people believe that buying them is a room to protect their money from inflation .
In general terms, in Mexico, Centennials can reach prices above 50 thousand Mexican chilean peso. In the United States, for case, they can be deserving 2500 dollars. If you are in another nation you have to convert to the local currency .

How to know if a Centenario is authentic?

due to the popularity of gold Centenarios, many criminals and fraudsters have created counterfeits that are beginning to circulate in the market .
Those who buy Centenarios directly from the Bank can be convinced, but what about the coins that already leave this institution, and continue to be marketed. The risks of finding a forge increase .
For this reason, to know if a Centenario is original, you should consult a specialist who will perform the comparable tests. even indeed, without being an adept, there are some questions and tests you can perform to verify the authenticity of the mint .

The first question is: How to identify a gold Centenario?

To identify if a Centenario is gold, the simplest test is to bring a attraction close to the coin and see if it sticks. This is known as the magnet test .
gold does not normally stick to conventional magnets ; therefore, if you notice attraction between the attraction and the supposed Centenario it is credibly a forge .
Counterfeit Centenario CoinCounterfeit Centenario Coin anyhow, let me alert you that this proof is not enough. Some fraudsters cast Centenario coins in easy, non-magnetized metals such as lead. then they apply a gold plat or aureate plating. In this room, they are gold on the outside, and pass the magnet test .

The second question is how much does a gold Centenario weigh?

The full weight unit of a Centenario is 41.66 grams, including the 37.5 grams of pure aureate, which is important for the follow test .
You must place the Centenario on a proportion and check its system of weights. The mints have identical accurate quality see processes, and they get all coins to the right weight, but counterfeiters rarely achieve the lapp horizontal surface of accuracy .
so, if the test weighing result is off the distinguish, you should not buy that centennial mint .

The third question is what is the edge of the Centenario coin like?

One of the characteristics of many counterfeit coins is that criminals forget to reproduce the third side of the coin. If the mint you are looking at does not have the phrase “ Independencia o Libertad ” on the border, it is a counterfeit for certain .
In any sheath, even passing these tests, the ideal thing for your own security is to always buy gold Centenarios from the official institutions mentioned in this article above .

Are you going to buy a Centenario soon?

I imagine you are considering investing in the leverage of one of these beautiful Mexican gold pieces. If so, I hope you will follow the recommendations in this article to buy safely .
I lone wish that once you have it in your hands, you can enjoy the pleasure of owning such a beautiful and valuable coin .
Leave me a comment telling me what impressed or helped you the most in this article. The comments from my readers inspire me to continue researching and publishing about this fantastic worldly concern of collecting ancient and advanced coins .

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