Spot doesnt seem to affect prices too much, except in the most common years. Boobs and no one really knows wtf is going on in that Mexico City mint, sometimes they release more then what the market demands of bullion other times its like they ran out of silver and gold and said fuck it this is all we have, even though stackers are begging for more. Many had to shut down temporarily to institute new procedures to protect their employees and to thoroughly clean work areas, and many struggled to keep up with, let alone meet, rising demand for precious metal coins during the past year. In fact, the design of the Mexican Libertad was created to celebrate Mexicos liberty from Spanish rule in 1821, as is evident in their obverse and reverse design: The Obverse of current Silver Libertads shows an image of the current Official Seal of Mexico - an eagle with a snake in mouth, standing on a cactus. Today, it is one of the most popular silver bullion coins and is collected all over the world. Whether you're looking to assemble a set or stack them for their silver content, Silver Libertads are a beautiful coin to add to your collection. In 1991, the bullion coin was struck not only in its 1 oz. check out the. Are Mexican silver Libertads a good investment? The remaining coins mostly have similar mintages to those of recent years, though the one-ounce gold BU is fifth lowest at 1,100, and with mintages of 700 each for the other gold BU coins, expect a race to obtain those coins. In my opinion the Libertad is not a very impressive coin compared to the Eagle, Britannia, Maple Leaf, and others. ModernCoinMart (MCM) has Silver Libertads available in their original Mint packaging, or certified by the major coin grading companies: The Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS). In 2020, all major world mints were confronted with challenges they had never dealt with before because of the COVID-19 pandemic. How many pounds does a kilo of silver weigh? Shipping is completely free for small orders of $250 or more, and all coins are securely packaged and insured. thefinn Posts: 2,634 . 42_Hoopy_Froods 1 yr. ago Currently 594 pesos ($29.25US) at Banco Azteca as well here in Mxico. The Silver Libertads reverse features two iconic Mexican symbols. That's true but they had a low mintage and boobs 2-3 years ago too. silver Libertads? Libertads are sold at most banks in Mexico. 17.1K subscribers #Silver #Coin #Stacker JM Bullion listed the 2021 Silver Libertads for sale and I quickly placed an order for just over $800 USD grabbing multiple Silver Libertad coins. ._3Z6MIaeww5ZxzFqWHAEUxa{margin-top:8px}._3Z6MIaeww5ZxzFqWHAEUxa ._3EpRuHW1VpLFcj-lugsvP_{color:inherit}._3Z6MIaeww5ZxzFqWHAEUxa svg._31U86fGhtxsxdGmOUf3KOM{color:inherit;fill:inherit;padding-right:8px}._3Z6MIaeww5ZxzFqWHAEUxa ._2mk9m3mkUAeEGtGQLNCVsJ{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:18px;color:inherit} . In 1991, the bullion coin was struck not only in its 1 oz. In addition, production was slowed with many employees working at home, and when it came time to ship the minted coins to the Banco de Mexico that oversees the Mint for quality control inspection, it was just not possible to do that as efficiently as in the past with fewer employees. What was the angle with not having a denomination? The store will not work correctly in the case when cookies are disabled. Since its introduction in 1981, the Mexican Gold Libertad has captured the eye and imagination of everyone who has had the pleasure of viewing one. The 2018 coin was originally available for about $18. Platinum started 2022 at $960 and is close to $1100 as of February 18. 2-3 years ago libertads cost about the same as ASE. And this price range is not only true for gold and silver. This could divert demand from numismatics and into coins like Silver Eagles, Silver Maple Leafs, and generic silver rounds that have very low mark-ups over spot. They are so expensive because people are willing to PAY the total price, it was not like what was being asked for Libertads a year and a half ago. VanessaBenedict.com is a content publisher and does not offer personal financial advice or endorse the purchase or sale of securities or investments for any particular individual. AMS is a retail distributor of coin and currency issues and is not affiliated with the U.S. government. Also, Mexico has made statements, semi-officially more than once in the past several years their possibility to adopt silver coins as money. IndifferenceToAll 2 mo. Pat Stovall of Lois and Don Bailey and Son Numismatic Services, one of the Mints U.S. distributors based in Houston, Texas, told me that when he was in Mexico in the spring he was struck by how severely the country was being impacted by the virus, noting that when he passed cemeteries he saw many dead bodies waiting to be buried and that most people were wearing masks and observing the COVID protocols like social distancing. Create an account to follow your favorite communities and start taking part in conversations. As discussed below, this years Libertads include some very low mintages. weight, but also with the additional sizes 1/2 oz., 1/4 oz., 1/10 oz. But Iztacchuatl learned of her fathers assumption. Biden Fires Warning Shot for Retirees Are You at Risk? However, Iztacchuatls father believed the young lover would never return and arranged for several other suitors to approach his daughter. I love my libertads definitely rank them #1 fallowed by a tie for #2 Krugs and ASEs, Canadian maples 3rd. Press J to jump to the feed. Currently, a Proof 70-graded set of the 2014 five-coin gold Proofs runs $15-17,000! Why are silver Libertads so expensive? The titties might explain it, but that would be so lame. This is clearly a new era for all mints. /r/Silverbugs is a forum for Physical Silver stackers. But as long as people pay $3K for them, dealers will continue to sell them for that amount. Just curious, is it the mintage or something else? While he is not certain, Pat does not think a larger-than-usual number of coins were reserved for domestic sales. But when investing in Libertads, you need to understand your own key data. /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/TopicLinksContainer.3b33fc17a17cec1345d4_.css.map*/. Gold: $1825.41-.06. The original Libertad designs are worth slightly more because there were fewer of them minted, and because they can no longer be reproduced. Keep in. Somebody will come through with something. This continued in 1996 with 2 oz. @keyframes ibDwUVR1CAykturOgqOS5{0%{transform:rotate(0deg)}to{transform:rotate(1turn)}}._3LwT7hgGcSjmJ7ng7drAuq{--sizePx:0;font-size:4px;position:relative;text-indent:-9999em;border-radius:50%;border:4px solid var(--newCommunityTheme-bodyTextAlpha20);border-left-color:var(--newCommunityTheme-body);transform:translateZ(0);animation:ibDwUVR1CAykturOgqOS5 1.1s linear infinite}._3LwT7hgGcSjmJ7ng7drAuq,._3LwT7hgGcSjmJ7ng7drAuq:after{width:var(--sizePx);height:var(--sizePx)}._3LwT7hgGcSjmJ7ng7drAuq:after{border-radius:50%}._3LwT7hgGcSjmJ7ng7drAuq._2qr28EeyPvBWAsPKl-KuWN{margin:0 auto} While Mexico has issued other silver coins before this, such as the Mexican Silver Peso, this was the first coin struck by Mexico strictly for bullion purposes. They released gold coins that are incredibly misleading to the not-so-experienced collector/stacker. Bullion mintages can also be low compared to other annual bullion series like the American Silver Eagle series for example. It's got to be supply and demand. As the flagship bullion coin of Mexico, the Mexican Silver Libertad has rich, historical roots that enhance your investment. silver coins (actual government issued bullion coins, not private rounds, and preferably excluding anything like the incredibly fraudulent and should-be-illegal Cook Islands gold coins -_-) so that I can attempt to collect at least 1 of each? Fractional bullion coins are almost always sold at a relatively high premium due to the extra cost of producing them. BGASC is a respected reseller of the Professional Coin Grading Service (PCGS) and a member of the Certified Coin Exchange (CCE). Recent Posts. - Kitco Forums; 4 4.Why are Mexican Gold Libertads So Special? Bullion and Coins. 06-18-2019, 08:39 AM #15 chuckno Member Join Date Jul 2009 Posts 803 The limited mintages of Silver Libertads make them a less common find in North American portfolios, making it a uniquely valuable coin to investors and collectors. The Mexican coat of arms being the obverse. This is due to the fact that Proof Mexican Libertads are more expensive to produce so keeping the mintage at a minimum is ideal for the producer. In the original design, the angel is facing completely forward. We have a promotional relationship with some of the offerings featured on this site. Copyright 2023 Provident Metals Corp. All Rights Reserved. How I wish I bought 2 tubes of libertads, given their high markup compared to ASE and maples. Pat said he thinks it is likely there were more of those sales this year. The Mexican coin has a rich history. The first is Winged Victory, the Victory Angel, who represents Mexicos freedom from Spain. Their bodies were reclaimed by the earth and two volcanoes sprouted up. The Silver Libertad is a bullion coin with one of the most diverse ranges of size available. While all sizes of 2020 Libertads are selling for higher prices than usual, ones to look out for include: the oz silver BU coin, which is also the fourth-lowest of the series after the 2007, 1998, and 1999; the oz, which is the second-lowest after 2007; the 1/10th oz, which is the third-lowest after 2012 and 2007; and the 1/20th oz, which is the second-lowest after 2007. ._1LHxa-yaHJwrPK8kuyv_Y4{width:100%}._1LHxa-yaHJwrPK8kuyv_Y4:hover ._31L3r0EWsU0weoMZvEJcUA{display:none}._1LHxa-yaHJwrPK8kuyv_Y4 ._31L3r0EWsU0weoMZvEJcUA,._1LHxa-yaHJwrPK8kuyv_Y4:hover ._11Zy7Yp4S1ZArNqhUQ0jZW{display:block}._1LHxa-yaHJwrPK8kuyv_Y4 ._11Zy7Yp4S1ZArNqhUQ0jZW{display:none} Thanks everybody! The seal is surrounded by Mexico's official name "Estados Unidos Mexicanos", or United Mexican States. Shop our assortment of products from the Mexican Mint to add beauty, value, and history to your collection today. anyone? As for the Mint, Pat said that around this time it had to shut down completely and that he believes some mint employees died as a result of the virus while many others were sent home and did not want to return to work due to the increased danger. Possibility to adopt silver coins as money need to understand your own key data people $. First is Winged Victory, the bullion coin of Mexico, the bullion coin of,... Seem to affect prices too much, except in the original Libertad are... Approach his daughter the first is Winged Victory, the Mexican silver Libertad is a bullion coin originally. Packaged and insured ASEs, Canadian maples 3rd with not having a?! Pounds does a kilo of silver weigh silver bullion coins are securely packaged insured. February 18 about the same as ASE would never return and arranged for other. 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