Libertads are devoid of face value, yet are legal tender, still accepted as currency and guaranteed by Banco de México, based on the market value of its gold or silver content.

[2] Obverse: The Coat of arms of Mexico is shown with a Mexican golden eagle perched on a prickly pear cactus devouring a rattlesnake.

The coat of arms is rooted in the legend where the god Huitzilopochtli told the Aztec people where to build their city: where they saw an eagle eating a snake on top of a cactus.

The top half has the words Estados Unidos Mexicanos (United Mexican States) encircling the eagle.

In 2000, the silver obverse was changed to depict the current Mexican national coat of arms along with 10 past versions of this symbol surrounding it.

Reverse: The design used was based on the 1921 gold Centenario, a coin issued to mark the centennial of Mexican independence.

The winged Victoria of Angel of Independence is in front with the volcanoes Popocatépetl and Iztaccihuatl in the background.