As investment vehicles, gold bars are gaining in popularity primarily because gold bars carry much lower premiums than gold bullion coins carry. For example, premiums on kilo gold bars can be as much as $50 per ounce lower than the premium on American Gold Eagles. (1.2057 of an Ounce!) (CNN)Almost four decades ago, a gold bar was found on land that used to be Aztec ruins in Mexico. The area where the gold bar was found is believed to be the location of an ancient canal that Cortés and his troops used to try to escape. Originally founded in 1535, it was opened by Spanish conquistadors conquering Central and South America. The gold bar is 4.35 pounds and was found in March of 1981 in Mexico City. A gold bar found in a Mexico City park in 1981 was part of the Aztec treasure looted by Hernan Cortes and the Spanish conquistadors 500 years ago, a new study says. The heist occurred Wednesday morning at the Mulatos mine in Sahuaripa, Sonora, as personnel of Minas de Oro Nacional, the Mexican subsidiary of Canada's Alamos Gold, were preparing to transport the bars of a gold and silver alloy out on a contracted plane at the mine's airstrip. MEXICO CITY (Reuters) - An armed group stormed a gold mine in northern Mexico and stole bars of gold and silver alloy before fleeing in a light aircraft, mine operator Minas de Oro Nacional said. He explained that researchers used fluorescent X-ray equipment to analyze the gold bar's chemical composition and match it with other historical pieces discovered in the same area. The Mexican Mint is the oldest operating mint in the Western Hemisphere. Gold Reserves in Mexico averaged 58.59 Tonnes from 2000 until 2020, reaching an all time high of 125.30 Tonnes in the second quarter of 2012 and a record low of 2.50 Tonnes in the second quarter of 2008. US appeals court rejects Trump appeal over Pennsylvania race, Venezuela judge convicts 6 American oil execs, orders prison, Biden's win hides a dire warning for Democrats in rural US. Mexican Gold Pesos have been a Gold Bullion enthusiasts favorite for years because of their beautiful designs and reasonable trading price. Within 10 minutes, the plane and the armed attackers had fled into the mountains with the bars, according to a statement from Minas de Oro Nacional. The mint’s original duties included refining gold and silver from the New World to ship back to the Spanish crown. The heist occurred Wednesday morning at the Mulatos mine in Sahuaripa, Sonora, as personnel of Minas de Oro Nacional, the Mexican subsidiary of Canada’s Alamos Gold, were preparing to transport the bars of a gold and silver alloy out on a contracted plane at the mine’s airstrip. Mexican Gold Coins. "The mexica pieces may have come from the treasure of Moctezuma's ancestors, which the Spaniards found in Teucalco or maybe among the spoils of war stored in royal warehouses in Petlaclaco, gun factories in Tlacochcalco or the crafts workshops in Totocalli," said Leonardo López Luján. Truly, gold bars are an exciting way to invest in gold. Victorio Peak. The mint also struck Spanish colonial coinage for all colonies of the Spanish crown in the Western Hemisphere. An x-ray machine helped determine the accurate age of the gold bar. The bar will remain at the museum for visitors to view. Gold Reserves in Mexico decreased to 120 Tonnes in the second quarter of 2020 from 120.10 Tonnes in the first quarter of 2020. Mexican Gold Coins. The coins come in a variety of sizes and weights from the 2 peso all the way up to the 50 Peso. The Aztecs learned of their plan and attacked. 2014 Mexico Libertad .999 Silver The 4.35 pounds gold bar was found in May of 1981 in a construction site of what is now Mexico's Tax Revenue Service offices near Mexico City's historic downtown. Popular Products from Mexican Mint. MEXICO CITY -- A heavily armed squad of men stole an unspecified number of gold-silver alloy bars from a desert mine in northern Mexico, escaping into the remote mountains in a small plane, according to the company. Gold bars, Mexico Back in the late 1800's into the early 1900's the Mexicans were just as busy mining as we were here in the USA. Today, the Mexican Mint continues to produce some of the world's best coin bullions and bars that have proven popular with many numismatists. Mexican Gold Pesos have been a Gold Bullion enthusiasts favorite for years because of their beautiful designs and reasonable trading price. A four-pound gold bar found on a building site in downtown Mexico City last month is believed to be part of the treasure seized from the Aztec Emperor Montezuma II … Armed men, plane steal gold-silver bars from Mexican mine A heavily armed squad of men has stolen an unspecified number of gold-silver alloy bars … Today, the Mexican Mint is the official sovereign mint of Mexico and is still located in Mexico City. Now, scientists confirm it was part of a plunder by Spanish conquistador Hernán Cortés. Mexican Gold Libertad coins are the official gold bullion coin of the Mexican government issued for the first time in 1981. Some of the gold from Moctezuma's treasure was lost in the battle. The "Noche Triste" or "Sad Night" is a battle where Cortés tried to flee Tenochtitlan quietly on June 30, 1520, the night after Spaniards massacred Aztec leaders. 24/7 coverage of breaking news and live events. One of the most famous coins produced by the mint was the Gold Centenario coin which was used to commemorate the independence of Mexico. Scientists have been waiting on technological advancements in order to confirm the date of the gold bar. (1.2057 of an Ounce!) Case File: Victorio Peak Treasure Location: White Sands, New Mexico Date: November 1937 Description: Victorio Peak is surrounded by inhospitable environment near Hot Springs, New Mexico. The coins come in a variety of sizes and weights from the 2 peso all the way up to the 50 Peso. By Lauren M. Johnson and Nicole Chavez, CNN, Updated 2202 GMT (0602 HKT) January 10, 2020. Lista de Barras de Oro y Certificados del Cuerpo de Inspectores. Their problem was selling it for a good price. an investigator with Mexico's National Institute of Anthropology and History. Parts of the treasure were described as gold, silver, jewels and as many as 16,000 gold bars estimated around $1.7 billion dollars. Learn More Buy gold bars as investments. It produces … A worker found the bar buried about 15.7 feet deep and gave it to a team of archaeologists. Almost four decades ago, a gold bar was found on land that used to be Aztec ruins in Mexico. Luján said the gold bar is at the National Museum of Anthropology and serves as "key material witness of the Spanish conquest and archaeological testimony of the 'Noche Triste'.". The yearly design of this coin, prior to 2000, was inspired by the Centennario Gold coin, issued in 1921, and features the depiction of the Winged Victory surrounded by the two peaks of Mexico’s famous volcanoes.