Posted 05/30/2014 8:32 pm
Libertads like Pandas, can be very challenging coins to collect. The mintages can be extremely low on some issues, yet the value often doesn't reflect the mintage. The issues are minted until they stop abruptly.After minting 1.2 million in 2011, they abruptly cut off minting at 740,400 in 2012. After minting 2.4 million Libertads in 1992, they only minted 67,000 in 1998. There never seems to be a plan. they will mint some fractionals some years and then just stop for a few years and then just start again.
It is a very beautiful and under collected coin in my opinion. The prices are based on availability, not mintages. There is really only one major dealer in the U.S. , Don Bailey. The majority of some years were sent to Europe, thus the high mintages but low availability. 1.5 million actually puts it at the 5th highest mintage of the series.
While they 1982 and 1983 have only two thirds of the mintage of the 1988, they are readily available singularly and in rolls in the U.S. The pricing is all based on readily available supplies.
It is a very beautiful and under collected coin in my opinion. The prices are based on availability, not mintages. There is really only one major dealer in the U.S. , Don Bailey. The majority of some years were sent to Europe, thus the high mintages but low availability. 1.5 million actually puts it at the 5th highest mintage of the series.
While they 1982 and 1983 have only two thirds of the mintage of the 1988, they are readily available singularly and in rolls in the U.S. The pricing is all based on readily available supplies.
