5 1 oz silver coin; American Silver Eagle Vs Mexican Libertad Mintages U0026 Collectability Is This Even A Fair Comparison; It wasn't until . Why are Mexican gold coins so expensive Keep in mind that the actual number of cases in Mexico is undoubtedly much higher because testing for the virus has lagged greatly there. 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. In addition, even if the others are not among the very lowest of this long-standing series, their mintages are extremely low in comparison to those of coins from most other mints. Just curious, is it the mintage or something else? The gold ones aren't that common, and may be costing money just to get out of Mexico. 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. check out the. 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. ._1EPynDYoibfs7nDggdH7Gq{margin-bottom:8px;position:relative}._1EPynDYoibfs7nDggdH7Gq._3-0c12FCnHoLz34dQVveax{max-height:63px;overflow:hidden}._1zPvgKHteTOub9dKkvrOl4{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word}._1dp4_svQVkkuV143AIEKsf{-ms-flex-align:baseline;align-items:baseline;background-color:var(--newCommunityTheme-body);bottom:-2px;display:-ms-flexbox;display:flex;-ms-flex-flow:row nowrap;flex-flow:row nowrap;padding-left:2px;position:absolute;right:-8px}._5VBcBVybCfosCzMJlXzC3{font-family:Noto Sans,Arial,sans-serif;font-size:14px;font-weight:400;line-height:21px;color:var(--newCommunityTheme-bodyText)}._3YNtuKT-Is6XUBvdluRTyI{position:relative;background-color:0;color:var(--newCommunityTheme-metaText);fill:var(--newCommunityTheme-metaText);border:0;padding:0 8px}._3YNtuKT-Is6XUBvdluRTyI:before{content:"";position:absolute;top:0;left:0;width:100%;height:100%;border-radius:9999px;background:var(--newCommunityTheme-metaText);opacity:0}._3YNtuKT-Is6XUBvdluRTyI:hover:before{opacity:.08}._3YNtuKT-Is6XUBvdluRTyI:focus{outline:none}._3YNtuKT-Is6XUBvdluRTyI:focus:before{opacity:.16}._3YNtuKT-Is6XUBvdluRTyI._2Z_0gYdq8Wr3FulRLZXC3e:before,._3YNtuKT-Is6XUBvdluRTyI:active:before{opacity:.24}._3YNtuKT-Is6XUBvdluRTyI:disabled,._3YNtuKT-Is6XUBvdluRTyI[data-disabled],._3YNtuKT-Is6XUBvdluRTyI[disabled]{cursor:not-allowed;filter:grayscale(1);background:none;color:var(--newCommunityTheme-metaTextAlpha50);fill:var(--newCommunityTheme-metaTextAlpha50)}._2ZTVnRPqdyKo1dA7Q7i4EL{transition:all .1s linear 0s}.k51Bu_pyEfHQF6AAhaKfS{transition:none}._2qi_L6gKnhyJ0ZxPmwbDFK{transition:all .1s linear 0s;display:block;background-color:var(--newCommunityTheme-field);border-radius:4px;padding:8px;margin-bottom:12px;margin-top:8px;border:1px solid var(--newCommunityTheme-canvas);cursor:pointer}._2qi_L6gKnhyJ0ZxPmwbDFK:focus{outline:none}._2qi_L6gKnhyJ0ZxPmwbDFK:hover{border:1px solid var(--newCommunityTheme-button)}._2qi_L6gKnhyJ0ZxPmwbDFK._3GG6tRGPPJiejLqt2AZfh4{transition:none;border:1px solid var(--newCommunityTheme-button)}.IzSmZckfdQu5YP9qCsdWO{cursor:pointer;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO ._1EPynDYoibfs7nDggdH7Gq{border:1px solid transparent;border-radius:4px;transition:all .1s linear 0s}.IzSmZckfdQu5YP9qCsdWO:hover ._1EPynDYoibfs7nDggdH7Gq{border:1px solid var(--newCommunityTheme-button);padding:4px}._1YvJWALkJ8iKZxUU53TeNO{font-size:12px;font-weight:700;line-height:16px;color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7{display:-ms-flexbox;display:flex}._3adDzm8E3q64yWtEcs5XU7 ._3jyKpErOrdUDMh0RFq5V6f{-ms-flex:100%;flex:100%}._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{color:var(--newCommunityTheme-button)}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v,._3adDzm8E3q64yWtEcs5XU7 .dqhlvajEe-qyxij0jNsi0{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._3adDzm8E3q64yWtEcs5XU7 ._12nHw-MGuz_r1dQx5YPM2v{color:var(--newCommunityTheme-button);margin-right:8px;color:var(--newCommunityTheme-errorText)}._3zTJ9t4vNwm1NrIaZ35NS6{font-family:Noto Sans,Arial,sans-serif;font-size:14px;line-height:21px;font-weight:400;word-wrap:break-word;width:100%;padding:0;border:none;background-color:transparent;resize:none;outline:none;cursor:pointer;color:var(--newRedditTheme-bodyText)}._2JIiUcAdp9rIhjEbIjcuQ-{resize:none;cursor:auto}._2I2LpaEhGCzQ9inJMwliNO,._42Nh7O6pFcqnA6OZd3bOK{display:inline-block;margin-left:4px;vertical-align:middle}._42Nh7O6pFcqnA6OZd3bOK{fill:var(--newCommunityTheme-button);color:var(--newCommunityTheme-button);height:16px;width:16px;margin-bottom:2px} and 5 oz. They only made 5,500 2 ozt 2020 Libertads. The most current of these is Silver Libertad, first struck back in 1982 by the Casa de Moneda de Mexico (the Mexican Mint). All purchases are expressly conditioned upon your acceptance of our Terms and Conditions; to decline, return your purchase pursuant to our Return Policy. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Very low mintage compared to other governments bullion, and they look great. whether you agree or disagree. someone? As this is being written, several foreign companies are offering this coin for about $40 each. Web why are silver libertads so expensiveare there really purple owls. ._2cHgYGbfV9EZMSThqLt2tx{margin-bottom:16px;border-radius:4px}._3Q7WCNdCi77r0_CKPoDSFY{width:75%;height:24px}._2wgLWvNKnhoJX3DUVT_3F-,._3Q7WCNdCi77r0_CKPoDSFY{background:var(--newCommunityTheme-field);background-size:200%;margin-bottom:16px;border-radius:4px}._2wgLWvNKnhoJX3DUVT_3F-{width:100%;height:46px} Sales to foreign markets, including the United States, Europe, and Asia through the Mexican Mints network of distributors only began in late October to early November when major foreign bullion dealers finally learned of their limited allocations of this years Libertad coins, which will actually hit those markets around mid-December. 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. I recall back in 2017 buying a tube of 2017 maples & 2015 libertads, days apart, for under $450 a tube. Best Shop for Medium Orders However, this detail, no matter how fascinating, is not what sets the Mexican Gold Libertad apart in the coin world. A lot of great history with the Mexican mint. Unlike silver bars, which should definitely be large and difficult to reserve, coins are small, easy to store, liquidate, and a pleasure to own. This seal is surrounded by ten additional seals that represent historical coats of arms used by Mexicos provinces throughout history. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Pesos made of silver were widely circulated across North America, and made their way over to Asia into the 1800s. The Mexican coat of arms being the obverse. The Libertad is an investment-grade bullion coin with a design that speaks of the rich history of the Mexican Mint. Instead, he froze to death. The most popular and readily available size, by far, is 1 ounce. However, Iztacchuatls father believed the young lover would never return and arranged for several other suitors to approach his daughter. They released gold coins that are incredibly misleading to the not-so-experienced collector/stacker. And this price range is not only true for gold and silver. 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. Lightning Fast Service: 90%+ of Items Ship Same or Next Business Day, Sleep Soundly: Secure Shipping Methods with Full Insurance Included, Simple and Convenient Payment Options, Including PayPal Payments, 24/7/365 Online Ordering with Live, Up to the Second Market Pricing. She eventually fell ill and died. Why are Mexican Libertads So Expensive? The Silver Libertad was only struck with a standard business strike in 1982, but in 1983 a collector's proof version was issued. While the coin was first struck out of 1 oz. Also, Mexico has made statements, semi-officially more than once in the past several years their possibility to adopt silver coins as money. Finally, 2021 and 2022when the gold and silver Libertads mark their respective 40th anniversariesare just around the corner. The Independence War, relations with Spain, and relations with Great Britain caused upheaval with the mint in the 19th century, but in the last decade of the century, the mint finally settled into the Mexican governments hands, where it has remained ever since. my theory is that they are 999 pure Government minted silver coinage BUT they do not have any government fiat value stamped on them unlike the eagles, maples, phils, pesos, etc., etc. And that, in a nutshell, is why prices have been rising for the 2020 coins. That will be a sad day. | The collectible coin market is unregulated, highly speculative and involves risk. The beauty of this story perfectly complements the striking loveliness of this coin. On August 1, Mexicos death toll became the worlds third-highest at that time at 46,688. 42_Hoopy_Froods 1 yr. ago Currently 594 pesos ($29.25US) at Banco Azteca as well here in Mxico. I use to buy 5oz libertads for under $100, back when spot was under $20 obviously.. 1oz libertads were being sold for under $20. Beginning in 1983, all coins produced by the Mexican Mint have been minted at the San Luis Potosi facility. Plus, there were only a few weeks to distribute the coins before preparing for the 2021 releases. What is the best gold detector for beginners? Fortunately, Provident offers Silver Libertads in brilliant uncirculated condition, so be sure to check our selection if you wish to add this coin to your bullion collection. Is it worth getting coins PCGS certified? Modern coins contain 99.9% silver or possibly gold (. Silver Libertads are struck from .999 fine silver and come in several weights, offering an option for every budget. Silver Libertads are struck from .999 fine silver and come in several weights, offering an option for every budget. .more .more 66 Dislike Share Save Description. It is this passionate romance that defines the landscape depicted behind the glorious Winged Victory statue on the Mexican Gold Libertad. ._2a172ppKObqWfRHr8eWBKV{-ms-flex-negative:0;flex-shrink:0;margin-right:8px}._39-woRduNuowN7G4JTW4I8{margin-top:12px}._136QdRzXkGKNtSQ-h1fUru{display:-ms-flexbox;display:flex;margin:8px 0;width:100%}.r51dfG6q3N-4exmkjHQg_{font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;-ms-flex-pack:justify;justify-content:space-between;-ms-flex-align:center;align-items:center}.r51dfG6q3N-4exmkjHQg_,._2BnLYNBALzjH6p_ollJ-RF{display:-ms-flexbox;display:flex}._2BnLYNBALzjH6p_ollJ-RF{margin-left:auto}._1-25VxiIsZFVU88qFh-T8p{padding:0}._2nxyf8XcTi2UZsUInEAcPs._2nxyf8XcTi2UZsUInEAcPs{color:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor)}