Centennials: The investment in gold that combines history and financial security.

In the search for investment alternatives, precious metals have taken center stage, especially gold, which has been considered a safe haven during times of economic instability. In Mexico, one of the most popular and traditional options for investing in gold is the centenario, a coin that not only has intrinsic value but also carries a rich history dating back to 1921, the year it was first minted to commemorate the centenary of the country's Independence. The centenario is made of 90% pure gold, which means its gold content is 1.20565 ounces. Its design features the national coat of arms on the obverse and the iconic figure of the Winged Victory on the reverse, a representation that has become a symbol of the country, alongside the majestic Iztaccíhuatl and Popocatépetl volcanoes. Although the minting of this coin was suspended in 1931 and resumed in 1943, its popularity has not waned, making it a coveted item for both collectors and investors. The acquisition of centenarios is not limited to this type of coin, as Mexico has also issued other gold pieces, such as the Azteca and the Hidalgo, each with different characteristics and gold contents. For example, the Azteca has a gold content of 0.48227 ounces, while the Hidalgo features 0.24113 ounces. These coins also reflect the rich history and culture of the country, becoming true collector's items. In recent years, the Libertad Oro series has revitalized the market for gold coin investments in Mexico, offering pieces with a gold purity of 99.9% and a modernized design of the Winged Victory. Additionally, in 2021, a new coin was issued to celebrate the bicentennial of Independence, which retains the characteristics of the original centenario but with an updated design. The price of centenarios can vary significantly, depending on the market value of gold and the exchange rate between the peso and the dollar. According to recent data, in August 2023, the price of an ounce of gold reached an all-time high, leading to an increase in the value of centenarios. This makes these coins an attractive investment, although it can also be volatile, requiring investors to stay alert to market trends. For those interested in acquiring centenarios, there are various purchasing options. The Bank of Mexico provides a list of authorized distributors, both national and international, where these coins can be purchased. Among the national distributors are the Casa de Moneda and the Interactive Museum of Economics, as well as banking institutions like BBVA and Banorte. The Casa de Moneda de México, located in the capital, offers the option to buy centenarios in person, but with certain restrictions, such as the need to make payments via electronic transfer and a limit on the maximum amount per purchase. In this sense, accessing the purchase of centenarios can be somewhat complicated for those unfamiliar with the process. Alternatively, the Interactive Museum of Economics also allows for the physical purchase of centenarios, but with the restriction that transactions can only be conducted on-site. For those interested, it is advisable to get informed beforehand, especially if they wish to avoid setbacks. It is important to note that some banking institutions require buyers to be clients in order to access the purchase of gold coins, which could limit options for those looking to invest in centenarios and other coins. Therefore, it is recommended to research and compare the various available options before proceeding with a purchase. In conclusion, centenarios represent not only an investment option in precious metals but also a piece of national history. With their rich legacy and unique characteristics, these coins have stood the test of time and continue to be an attractive alternative in an uncertain economic environment. However, as with any investment, it is crucial for interested parties to be well-informed and to consider both the risks and opportunities that these coins may offer.