Homepage / Bullion Coins: Mexican Libertads / 2 oz. Mexican Silver Libertad

Last Updated on 03/09/2025

2 oz. Mexican Silver
Libertad

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Mexican Independence

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Libertad means "Freedom" in Spanish.

The Libertad is a symbol of Mexico's Independence; Mexico won its independence from Spain on August 24th, 1821.

However, this is not the date of its celebrated 'Independence Day,' that date is September 16th.

On September 16th, 1810, Miguel Hidalgo y Costilla, a Catholic priest, started the Mexican War of Independence when he gave his famous speech 'Grito de Dolores' or 'Cry of Delores,' named after the town in Guanajuato where it took place.

He rang the bell of his church to get the town's attention, and he called on the people to rise against their brutal Spanish-European occupiers.

Miguel Hidalgo y Costilla is often known as 'The Father of Mexico.'

Note: Outside of Mexico, 'Cinco de Mayo' is frequently misinterpreted as Mexico's Independence Day, which it isn't. "Cinco de Mayo" is Spanish for the "5th of May." In Mexico, that day commemorates the Mexican victory over French forces at the Battle of Puebla on May 5, 1862.

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Design of the
5 oz. Mexican Silver Libertad

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Obverse

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The center of the obverse side of the 2 oz Mexican Silver Libertad features the National Coat of Arms of Mexico.

The Coat of Arms depicts a Mexican Golden Eagle perched upon a cactus with a snake in its beak, it symbolizes Tenochtitlan, the Aztec Capital, now Mexico City.

The wreath below the eagle is half oak leaves and half laurel leaves. 
The laurel leaves represent victory, and the oak leaves commemorate those who have given their lives for Mexico.

Inscriptions:

• ESTADOS UNIDOS MEXICANOS  (Mexico's Official Name in Spanish)

Encircling the Outside of the Mexican Coat of Arms are reproductions of various Mexican Coat of Arms used throughout history.

This version of the Mexican Coat of Arms has been used since 1968.

The 2 oz Silver Libertad has a Reeded Edge.

Coin Photo courtesy of Walmart

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Reverse

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The centerpiece on the reverse side of the 2 oz Mexican Silver Libertad is the "Winged Victory" Angel, as it towers above the volcanoes Popocatépetl and Iztaccihuatl.

Inscriptions:

• 2 ONZAS (2 ounces)
• PLATA PURA (silver pure)
• Year of Issue
• Ley (law) 
• .999
• M under an O (mint mark of the Mexican Mint)

The 2 oz. Mexican Silver Libertad is legal tender, but it lacks a face value.

Coin Photo courtesy of Walmart

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2 oz. Mexican Silver Libertad
Information:

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Introduction:.......1996

IRA approved:......Yes

Grade:.................Uncirculated

Face Value:..........No

Silver Content:.....2 Troy oz.

Total Weight:.......62.20 grams

Purity:.................99.9% / 999 per mille

Diameter:............48.05mm

Mint Mark:...........Yes

Edge:..................Reeded

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2 oz. Mexican Silver Libertad 
  Mintage Figures

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Year     Mintage

1996....50,000

1997....15,000

1998....7,000

1999....5,000

2000....9,000

2001....900

2002....10,500

2003....9,500

2004....11,000

2005....5,200

2006....5,800

2007....8,000

2008....17,000

2009....46,000

2010....14,000

2011....14,000

2012....18,600

2013....17,400

2014....9,000

2015....20,100

2016....17,600

2017....8,900

2018....20,400

2019....18,300

2020....5,500

2021....6,500

2022....6,250

2023....30,000

2024....27,000

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