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The Certified Mexico 50 Pesos Gold Coin 1931, graded as MS62 by NGC (Numismatic Guaranty Corporation), is a remarkable piece of Mexican numismatic history, admired for its striking design, historical significance, and gold content. The history of Mexico's gold coinage is closely tied to its rich mineral resources, particularly gold and silver. Mexico was one of the world's leading producers of gold during the early 20th century, and this coin, the 50 Pesos Gold Coin, was a product of that era. It was issued during the presidency of Pascual Ortiz Rubio (1930-1932) as a part of Mexico's efforts to stabilize its economy following the Mexican Revolution.
The obverse of this coin features a magnificent portrayal of the iconic Winged Victory, known as the "Independence Angel" (Ángel de la Independencia). The Angel is depicted in a pose symbolizing victory, holding a laurel wreath in one hand and broken chains in the other, representing Mexico's struggle for independence from Spanish colonial rule. The inscription "INDEPENDENCIA Y LIBERTAD" encircles the Angel, emphasizing the significance of freedom and independence. On the reverse side, the Mexican coat of arms takes center stage. It includes a golden eagle perched atop a cactus, devouring a serpent—a powerful representation of the legend behind the founding of Tenochtitlán, the ancient Aztec capital, which later became Mexico City. The coin's denomination, "50 PESOS," and the mintmark are also featured on the reverse.
The mintage figures for the 1931 50 Pesos Gold Coin are relatively low compared to other Mexican gold coins. These coins were primarily minted as a store of value rather than for everyday transactions due to their high gold content. The majority of these coins were struck at the Mexican Mint, known as the "Casa de Moneda de México," one of the oldest continuously operating mints in the Americas. This historic mint, located in Mexico City, has been producing coinage since the Spanish colonial era and continues to do so today.
The coin is certified by NGC as MS62, signifying Mint State (Uncirculated) condition with a numerical grade of 62. MS62 coins typically exhibit good luster and some minor bag marks or abrasions from handling. While not a perfect grade, MS62 represents a well-preserved coin with strong eye appeal.
Mexico is famous for its vibrant and diverse cuisine, and one of its most beloved contributions to the culinary world is chocolate. The ancient peoples of Mexico, including the Maya and Aztecs, were among the first to cultivate and use cacao (the source of chocolate) over 3,000 years ago. They prepared a bitter beverage made from ground cacao beans, spices, and water, which was quite different from the sweetened chocolate we know today. After the Spanish conquest of Mexico, cacao was introduced to Europe, where it underwent further transformations and eventually became the sweet and creamy chocolate enjoyed worldwide.
The Certified Mexico 50 Pesos Gold Coin 1931 MS62 NGC is a testament to Mexico's rich history, struggle for independence, and its significant role in the global gold industry. Its stunning design, featuring the Winged Victory and the Mexican coat of arms, reflects the nation's enduring spirit and heritage. With its low mintage and NGC-certified MS62 condition, this coin holds both numismatic and historical value. Moreover, Mexico's gift of chocolate to the world underscores its cultural contributions that extend far beyond its borders.