1916 Coins of the USA and World
Mexico

Obverse:

Enlarge

Reverse:

Enlarge

Coin Details

Origin/Country: MEXICO - 1905 TO DATE
Item Description: 50C 1916M
Full Grade: NGC MS 62
Owner: deposito

Set Details

Custom Sets: 1916 Coins of the USA and World
Competitive Sets: This coin is not competing in any sets.
Research: NGC Coin Price Guide
NGC World Coin Census

Owner Comments:

Mintage of 480,000. Worth about 8/9 of a U.S. half dollar of the same time, by silver content. As an illustration of how much more gold has become 105 years later, compared to silver, we can observe that the February, 2021 melt value of the silver in 20 Mexican 50 Centavo coins, which would total Ten Pesos, is just $176.60. Meanwhile the February, 2021 melt value of the 1916 Mexican gold Ten Pesos coin is $440.60; two and a half times what the same Ten Pesos in silver is now worth melted down. Numismatically, on the other hand, in 2021 you will have to pay a lot more for twenty silver 1916 Mexican 50 Centavo Coins than for one gold 1916 Mexican Ten Pesos coin. Perhaps that is somewhat dependent on the condition of the coins, but I don't think you can get even a cleaned decent-looking 50 Centavo coin from 1916 for under $100.

Composition: Silver
Fineness: 0.8000
Weight: 12.5000g
ASW: 0.3215oz
Melt Value: $8.83 (2/13/2021)
Diameter: 30mm

Obverse: National arms
Reverse: Value and date within 3/4 wreath with Liberty cap above

8 graded higher by PCGS
(1 other in MS62 at PCGS, 4 in MS63, 2 in MS64, and 1 in MS65)

3 graded higher by NGC of the regular version, which I presume this coin to be
(3 in MS62 at NGC and 2 in MS63 and 1 in MS64 at NGC)

However, there are also variants recognized by PCGS and NGC; i.e. NARROW DARE, WIDE DATE, and "INVERTED AND CORRECTED 1". NGC has actually graded more coins of the WIDE DATE and INVERTED... varieties than this regular kind.

To follow or send a message to this user,
please log in