The 2020 Silver Libertad, struck at the Casa de Moneda de México in Mexico City. One troy ounce of .999 fine silver, the 38th annual release, and a coin that occupies an unusual position: minted by a national government, yet issued without a stated face value.
The Coin Without a Denomination
Almost every sovereign bullion coin carries a nominal face value — $1 on an Eagle, $5 on a Maple Leaf. The Libertad does not. Mexico issues it as legal tender whose value is set by the silver market itself rather than fixed to a number stamped on the metal.
It is a small distinction with a practical effect. There is no misleadingly low denomination to explain to a buyer, and the coin is understood as an ounce of silver rather than as currency.
Specifications
- Weight – 1 troy oz.
- Purity – .999 fine silver.
- Mint – Casa de Moneda de México, Mexico City (Mo mint mark).
- Diameter – 40 mm, thickness 3 mm.
- Edge – reeded.
- Condition – Brilliant Uncirculated.
- Packaging – plastic flip, tube of 25, or bag of 450.
Winged Victory and the Coat of Arms
The reverse carries the Angel of Independence — Winged Victory, holding a laurel wreath in one hand and a broken chain in the other, the monument that stands on Paseo de la Reforma in Mexico City. It is among the most recognisable designs in world bullion and has run on the series since 1982.
The obverse is more unusual. The modern Mexican coat of arms — the eagle on a cactus devouring a serpent — sits at the centre, ringed by ten historical versions of the same emblem from earlier eras of Mexican statehood. Few coins put their own design history on the coin itself.
Why Collectors Watch Libertad Mintages
Libertads are struck in far smaller numbers than Eagles or Maple Leafs, and the Mexican Mint does not produce them to meet unlimited demand. Individual years can become genuinely scarce, which is why the series attracts collectors as well as stackers — a distinction that does not apply to coins minted in the millions every year.
If your interest is ounces at the lowest cost, silver bars price lower. The Libertad is bought for the coin.
Priced live against silver, shipped fast, discreet and fully insured.
Frequently Asked Questions
How much silver is in a 2020 Libertad?
One full troy ounce of .999 fine silver.
Why does the Libertad have no face value?
Mexico issues it as legal tender valued by its silver content rather than by a fixed denomination.
Are Libertads rarer than Silver Eagles?
Generally yes. Mintages run far below American Silver Eagles, and some years are genuinely scarce.
What does the Mo mint mark mean?
It identifies the Casa de Moneda de México in Mexico City, the oldest mint in the Americas.
