Esta es la Onza Troy de Plata mexicana, ¿La conoces? - YouTube

We have talked about investment in precious metals, we have shown and talked about ounces of fine silver,

but, in Mexico, how did the minting of this type of investment pieces begin? Well, it

was nothing less than the famous troy ounce. Stay until the end

of the video to learn the details of this famous piece of silver. This is Numismat.

For many years that precious metals in coins have been highly demanded by

investors and collectors and in Mexico, in the case of silver, it

was in 1949 that the minting of the so-called troy ounce began precisely to satisfy

the demand for this kind of pieces. See how beautiful this ounce of Mexican silver is.

The design is quite attractive and for the time it was quite striking

and although this ounce that we have here does not have exactly the original design of the 1949 one, it

does retain almost all the same details of the original. A central

and dominating most of this face have a faithful representation of the Boulton screw press,

an industrial press that once was a breakthrough in the minting and is

well represented with those arms and the central part which raises and lowers

the mechanism that puts pressure on the blanks. The engraving is very well done.

Almost all around we can see the legend that says the Mexican Mint

and on the left side the year of minting of 1980 and I take the opportunity to comment that in the first

versions this date was in the same place but in a different

arrangement. Overall it looks pretty and interesting. Did you already know this ounce of silver?

Now, let's see the rest of the coin continuing with the edge which, as you can see,

is striated and, as you can see, it is a fairly fine stria. It looks good although nothing spectacular

but what is quite interesting is the other side of this ounce. See how beautiful she is.

The face we just saw is pretty but I think this side attracts me more, it has more details,

more legends, specifications and also a quite interesting design. In the center,

what most catches our attention is that balance of cymbals tilted a little to the

left and honestly the design makes me very attractive and interesting. Those cymbals hanging

from those chains, the arms and the indicator needles are something of quality to my taste.

Regarding the legends here there is sometimes confusion. Around it tells us that it

is a troy ounce of pure silver but below when it talks about purity, it

tells us that it has a grade of 925 thousandths, that is, sterling silver. Now well below

we have the weight of the piece which is 33.625 grams. So how is it that he says that it is pure

silver and at the same time tells us that the law is 925? Well, first something important:

The troy ounce is the unit of mass used to weigh precious metals such as: gold,

platinum or silver and has an equivalent of 31.1 grams, then, if the total piece

weighs 33.6 grams, we will know that 31 of the 33 total grams is pure silver that the main legend tells

us about and then everything agrees and makes sense. It is a coin that

weighs more than one ounce in total and contains exactly one ounce of pure silver inside.

Finally, we see below the mint of the Mexican mint and all around it a stepped graph

that gives a very good view. It must be remembered that the most recent ounces of the

Mexican mint, the Libertad ounce and the new Libertad ounce have a purity of 999 thousandths,

and therefore their total weight if it corresponds to the weight of a troy ounce of 31.1 grams.

If you like these pieces, it is not so difficult to get them,

except for some difficult dates, in general in internet groups you can

find them in about 800 pesos depending on the date and conservation but being an investment currency

everything will also depend on the global price of silver. Did you already know it or do you have

some of these pieces among your collections? Or have you thought about starting a silver investment?

Speaking of investment in precious metals, here I have some examples of pieces that

I have been saving little by little and that I consider a small saving. They are precisely that of the

Libertad series that were minted after these ounces and after them those of the new Libertad

series . Remember that these new ounces are minted in a variety of finishes but if

you want to have them as an investment or as a refuge against a possible crisis or inflation,

always opt for the satin finish since it is the one that is sold practically at the price that

the bank of Mexico dictates for the precious metal in coins. When they choose another finish such as mirror,

gloss matte or antique, the seller adds an extra or additional premium cost and although it

is attractive for collectibles, for investment it no longer makes much sense.

Finally, remember that both for numismatic study and for collecting or investing,

Mexican silver ounces are highly appreciated throughout the world so if you have the opportunity,

I think it is a very good time to start and it is not necessary to start big. The longest journey

always begins with the first step. This is Numismat.