The subject of this discussion is a specific denomination and composition of a Mexican bullion coin. These pieces are composed of .999 fine silver and weigh five troy ounces. They are legal tender in Mexico, though their face value is significantly lower than their intrinsic metal value and collector demand.
Their appeal stems from a combination of factors: the silver content, the iconic design featuring Winged Victory and the Mexican coat of arms, and the relatively limited mintage figures compared to other bullion coins. This scarcity, along with the coin’s artistic merit, often results in higher premiums over the spot price of silver. Historically, these have been sought after by both investors and collectors, contributing to their perceived value and liquidity.
