Why People Invest in Gold Centenario

The Gold Centenario is one of the top reasons why you should invest in gold. It is a well-known fact that the value of a fiat currency like the US Dollar or Euro fluctuates depending on a variety of factors. These fluctuations result in a depreciation or appreciation of that currency's value. For example, when the US Dollar collapses due to factors such as the American Empire collapsing, the value of gold (and other precious metals) will rise as a response to preserve investor confidence in that fiat currency. The same goes for other fiat currencies such as the Canadian Dollar and the British Pound. This article explains why you should invest in gold centenario, and which gold coins are currently most undervalued compared to their respective spot price.

What is a Gold Centenario

First minted in 1921, the Gold Centenario is one of Mexico's gold bullion coins. It was made to commemorate the 100th anniversary of the country's independence from Spain. Most people who own a Gold Centenario know better than to use it for its face value of 50 pesos. This value is assigned only for legal purposes. The coin's value as a bullion coin is worth far more.  

Characteristics

Generally, the Centenario coins weighs 41.67 grams and sits 37mm in diameter. It contains about 1.2 troy ounces of gold, and the best way to describe its composition is 90% gold and 10% copper. 

The coin was designed by a man by the name of Emilio del Moral. Its obverse features the of Winged Victory or El Ángel de la Independencia: "The Angel of Independence." The angel carries a laurel wreath in her right hand, while her left hand holds broken chains. In the background are two of Mexico's famous volcanoes: Popocatepetl and Iztaccíhuatl. On the lower left part of the coin, the year "1821" stands in out relief to commemorate the year of Mexico's independence. To its right is the mintage date of the coin, with 1921 and 1931 being the most valuable ones. 

Meanwhile, the coin's reverse depicts Mexico's coat of arms, featuring the Gold eagle perched on a cactus carrying a rattlesnake in its beak. 

Why Do People Invest in Gold Centenario Coins?

Investors who want to protect their money from inflation should buy assets that are most likely to appreciate in value, such as gold coins. The theory behind this is that as inflation gets closer and closer, the value of money will rise in tandem with the general value of the economy. This is why many investors buy gold coins: they are safe investments that will appreciate in value when inflation is low. 

In addition to this, many people are interested in making a long-term financial planning and investment strategy. For example, if they are able to purchase a large amount of Gold Centenario in Las Vegas at a time, they can save this investment for later use when they are of higher value. This way, they will not have to spend money on storage fees or other maintenance costs when they are sold later on.

Simply put, it provides a good return on investment. With the expected increase in demand from countries like China and India, the price of gold will rise as a result of this growth. This will provide a good amount of income for the investor. 

But the most special thing about Gold Centenario coins is that they carry 20% more gold than other gold bullion coins. In other words, you get more value for your money if you invest them in Gold Centario. Its limited supply also makes them highly coveted, which makes the coin's value go beyond its gold content.