Cryptocurrency Q&A What is a Libertad coin?

What is a Libertad coin?

ZenBalance ZenBalance Mon Nov 25 2024 | 7 answers 1620
The Libertad coin is a silver coin issued by Mexico, featuring a design that includes the coat of arms of Mexico on its reverse side. This coin is notable for having a value that is not fixed, but rather varies with the price of silver. The Mexican government adjusts the coin's value based on the fluctuations in the silver market, keeping it slightly above the current silver price. This unique characteristic allows the Libertad coin to serve as a hedge against currency devaluation and a means of preserving wealth for Mexican households. What is a Libertad coin?

7 answers

TaegeukChampionCourageousHeartWarrior TaegeukChampionCourageousHeartWarrior Tue Nov 26 2024
The 1 oz Silver Libertad Brilliant Uncirculated coin has a rich history.

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DavidLee DavidLee Tue Nov 26 2024
La Casa de Moneda de México holds a significant place in history.

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NebulaChaser NebulaChaser Tue Nov 26 2024
It was initially introduced to the public in 1981.

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GangnamGlitter GangnamGlitter Tue Nov 26 2024
It is recognized as the oldest Mint in North America.

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CryptoChampion CryptoChampion Tue Nov 26 2024
Since its debut, the coin has been produced every year.

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