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Piaget. A Rare and Important Mexican Gold 50 Pesos Coin Watch C1960

More Information
Stock Ref 08062310
Brand Piaget
Case Material 24ct and 18ct Yellow Gold
Price 8,750.00 £
Condition Vintage
Year 1960s
Movement Manual Wind Lever
Box Yes
Papers No
Size 38mm
Gender Men's
Finance 6 Months Interest Free Credit Available

Piaget. A Rare and Important Mexican Gold 50 Pesos Manual Wind Lever Coin Watch C1960

Dial: The matt silver dial signed Piaget with black marker batons and matching blued steel needle point hands

Case: The case comprises of a Mexican 50 Pesos fine gold coin which has been specially made into a coin watch.

Movement: The superb high quality ultra slim, manual wind fully jewelled movement which is signed, numbered and adjusted to five positions.

The fifty peso coin was designed by Emilio del Moral and was originally issued from 1921 until 1947. Among the various mintages, the lowest occurred in 1943, with a mere 89,000 coins produced. Notably, the 1943 edition did not include a denomination on the coin, and it remains unclear whether this was an intentional design choice or a production error that was rectified in subsequent years. The obverse side of the coin showcases the iconic 'Angel of Independence' statue, erected to commemorate the centenary of Mexico's war of independence against Spain. The coins are renowned for their distinct design featuring an 'Angel of Independence,' one of the rare gold coins adorned with an angel. Alongside the Angel coin and the French 20 / 100 Franc, the 50 peso coin stands out as a currency/bullion piece with an angelic motif. On the reverse, the coin displays the Mexican Coat of Arms, featuring an eagle locked in battle with a snake atop a cactus, symbolizing the Mexican people's struggle against their adversaries. Obverse The obverse features The Angel of Independence - a famous monument based in Mexico City. The statue was unveiled in 1910 to commemorate the first 100 years of Mexican Independence. Reverse The reverse shows Mexico's Coat of Arms, which consists of an eagle with a snake in its beak. This is based on Aztec legend, where they would build their city based on the location where they witnessed an eagle eating a snake on a lake. The Mexican Coat of Arms is also prominently featured in the centre of the Mexican flag.

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