1947 NGC MS-64 Mexican 50 Pesos Gold Coin (Restrike) - Texas Miner Hoard

1947 NGC MS-64 Mexican 50 Pesos Gold Coin (Restrike) - Texas Miner Hoard

Imagine being paid with a heavy fistful of flashy Gold Mexican 50 Pesos at the end of every work day.  This sounds like a golden dream come true to the modern stacker or investor.  This was more than a wish for a director who served on the board of a prominent Mexican Mining company. At the close of every board meeting, he was presented with pristine Gold Mexican 50 Pesos as the requested compensation for his time. Being an astute mining executive, he knew the long-term value of gold and, upon returning home to Texas, securely stashed the gold coins in his vault. Over the course of decades and countless board meetings, his gold hoard grew larger and larger as a hidden measure of his success until it was passed on to his children. Now, for the first time, this exciting hoard is being made available exclusively to our SD Bullion customer base, certified by NGC as the Texas Miner Hoard.

First struck in 1921 to commemorate the 100th Anniversary of Mexico’s independence, the stunning 50 Peso design displays a Winged Victory on the obverse, and the Mexican Coat of Arms with an eagle on the reverse. The coin proved immensely popular and was minted for years while being used extensively in international trade. One can see a direct comparison to the famed Saint Gaudens $20 Double Eagle with a similar Liberty/Victory design and a proud Eagle. There is one key difference, gold 50 Pesos are nearly 25% larger and heavier containing an entire quarter ounce more pure gold than a Double Eagle! It’s no wonder our savvy Texas Miner hoarded these beautiful and impressive gold pieces. Now, you have the opportunity to add his carefully preserved masterpieces to your own collection or stack!

Certified by NGC with the exclusive “Texas Hoards” label, these Texas Miner Hoard coins are one of several upcoming hoards of vintage US & World coins that have only recently come to light in the great State of Texas. Don’t miss this opportunity to add this piece of numismatic, mining, and Texas history to your very own collection!

Coin Highlights

• Appraised, encapsulated, and graded as an MS-64 coin by NGC;

• From Texas Miner Hoard;

• Contains 1.2057 oz of gold;

• Holds a monetary denomination of 50 pesos, backed by the Mexican Government;

• Produced by the Mexican Mint;

• The obverse features Mexico’s National Seal;

• The reverse displays Victoria, the Angel of Independence.

The Design

On the obverse, the Mexican Coat of Arms features an eagle perched on a cactus, symbolizing the nation, and a rattlesnake representing foreign influence. 

The eagle's triumph over the snake represents Mexico's liberation from Spanish rule. The encircling words read, “ESTADOS UNIDOS MEXICANOS.”

The reverse showcases the Winged Victory, the angel of independence, with outstretched wings, holding broken chains, and a laurel wreath as symbols of freedom. 

Engravings describing the coin’s face value, “50 PESOS,” its weight, “37.5 Gr” (equivalent to 1.2057 oz), metal content, “ORO PURO,” the year of independence “1821” on the lower left, and the minting year on the right complete the design.

An NGC MS-64 Coin

NGC - Numismatic Guaranty Company appraises and grades coins using the Sheldon Scale, which ranks coins from 1 to 70 according to their condition.

MS stands for Mint State, referring to coins issued in the same format as a business circulation coin. 64 is the grade given to coins with average luster, noticeable, light scuff marks, or defects but with attractive overall quality.

Buy 1947 NGC MS-64 Mexican 50 Pesos Gold Coins (Restrike) - Texas Miner Hoard at SD Bullion

Include Mexican Pesos in your gold collection

Purchase the 1947 NGC MS-64 Mexican 50 Pesos Gold Coin (Restrike) - Texas Miner Hoard 24/7 online from SD Bullion.

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