Libertad 5oz Silver Coin 2023
Banco de Mexico
Banco de México is the central bank of Mexico, founded in 1925. Its main responsibilities are to maintain the stability of the national currency, promote a sound financial system, and issue the country’s money, the Mexican peso (MXN).
In addition to monetary policy, the bank is also in charge of producing and distributing banknotes and coins, operating its own printing facilities and mints. Banco de México functions independently from the federal government and plays a key role in ensuring Mexico’s economic stability.
🇲🇽 Libertad 2023 – 5 oz Silver Coin – Mexico’s Freedom Motif in Expansive, Quiet Clarity
The Libertad 2023 – 5 oz silver coin is one of the large-format issues of the Casa de Moneda de México, the oldest mint in the Americas, with origins dating back to 1535. The substantial 5-ounce format provides a broad, harmonious surface on which the classic design of the series unfolds in spacious, quiet balance. Struck in .999 fine silver, the coin displays a bright, even surface whose soft reflections gently follow the contours of the relief. The Libertad is regarded as one of Latin America’s most iconic bullion coins—an enduring motif that has never relied on narrative elaboration but instead on clarity, open space, and timeless symbolism. In the 2023 edition, this aesthetic unfolds in a format that brings together space, line and material in especially harmonious form.
The obverse features the figure of Libertad, long understood as a symbol of independence and cultural identity in Mexico. The depiction is rendered in calm, clear lines. The figure stands upright, with wings extending outward, their contours appearing soft and fluid at this larger scale. The modelling remains deliberately moderate, allowing the light to glide across the surfaces in smooth gradations. In her right hand, Libertad holds a laurel wreath—symbol of victory—whose simple, smooth form conveys its meaning without resorting to ornate detail. Her left hand holds a broken chain, representing liberation, integrated into the composition as a subtle, yet unmistakable symbol.
The folds of the garment are composed in quiet, flowing curves. In the 5 oz format they appear especially balanced, without heavy shadows or deep relief. The figure conveys an open, serene presence—one of the defining qualities of the Libertad series. Her proportions remain clear and appear particularly harmonious against the wide, open background.
Behind the figure rise the silhouettes of the volcanoes Popocatépetl and Iztaccíhuatl. These mountains form a longstanding part of the Libertad design, signifying both geographical identity and a legend deeply rooted in Mexico’s cultural memory. On the coin they appear as broad, quiet contours. There is no dramatic depth or steep perspective; instead, the mountains are expressed in clear, even lines that respect their natural form while aligning with the restrained aesthetic of the series.
The large-format design includes an expansive background surface that remains almost entirely smooth—a hallmark of the Libertad. This openness gives the coin a timeless, calm effect. Light moves freely across the field, allowing the figure and mountains to stand out without any additional elements crowding the composition. In the 5-ounce version, this unbroken space is especially striking.
The reverse features the national coat of arms of Mexico. At its center is the eagle perched on a cactus with a serpent in its beak—a centuries-old emblem of national identity. The linework is clear and orderly. The eagle’s wings are rendered in flat, calm modelling; the head and beak follow a restrained, balanced form; and the cactus is composed with a simple, structured contour. The serpent appears as a fine, understated line integrated naturally into the central motif.
Surrounding the emblem is a ring of historical eagle designs that trace the evolution of Mexican heraldry. These small emblems are presented in shallow, even relief and arranged in a symmetrical circle. In the large 5 oz format, each of these eagle depictions appears especially clear and well-defined, without dominating the central image. They lend structure to the reverse, creating a quiet rhythmic frame.
The surrounding inscription “Estados Unidos Mexicanos” is set in a clean, orderly typeface. The evenly spaced lettering maintains an open, structured appearance despite the number of elements on the reverse.
In the 5 oz format, the Libertad reveals a distinctive interaction between light and relief. The broad surface of the fine silver reflects light slowly and softly, making even the smallest contours visibly clear. The figure of Libertad gains a calm, steady presence without the relief appearing exaggerated. Matte and lightly reflective surfaces shift subtly, creating a natural, harmonious rhythm.
The .999 fine silver shows its pure, bright aesthetic particularly well in this large format. The metal’s luminous sheen enhances the effect of the open spaces, while the modelling remains gently embedded within the surface. In the 2023 issue, the coin appears especially calm, bright and balanced—qualities that have long defined the Libertad series.
The Libertad tradition deliberately omits any face value, ensuring the artistic composition remains at the forefront. The design does not rely on narrative detail or ornate elements, but on a clear, reduced iconography that creates a powerful, quiet visual presence from just a few essential components.
Thus, the Libertad 2023 – 5 oz silver coin presents a composition defined by open fields, a clear figure, and fine heraldic detail. Struck in 5 ounces of .999 fine silver, it unites history, symbolism and aesthetic clarity in a presentation that preserves the essence of the Libertad series in a large, expansive and serene format.
| Metal | Silver |
| Form | Silver Coin |
| Country of Origin | Mexico |
| Manufacturer | Banco de Mexico |
| Series | Libertad |
| Purity | 999/1000 |
| Fineweight | 155.52 gram |
| Gross Weight | 155.52 gram |
| Denomination (oz) | 5 oz |
| Year of issue | 2023 |
| Grade | Brilliant |
| Condition | Uncirculated |
| Diameter | 65.00 mm |
| Packaging | Single in Pouch |