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Mexican Gold Scarcity?

 
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Author Previous TopicReplies: 5 / Views: 428Next Topic  
Valued Member
United States
405 Posts
 Posted 07/26/2021  4:12 pm Show Profile   Bookmark this topic Add howell1018 to your friends list Get a Link to this Message
Anyone know why there appears to be a lack of availability with Mexican gold coins at present. I've looked at JM and APMEX and unless you're buying coins that have a numismatic premium there doesn't appear to be much of anything.
Bedrock of the Community
Australia
18959 Posts
 Posted 07/26/2021  11:55 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Maybe scarce on the bullion market as new coins just now, but perhaps not so scarce on the numismatic market.
Pillar of the Community
United States
4191 Posts
 Posted 07/27/2021  10:05 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I lucked out on the dip in February and scored two 20 Pesos, both dated in the 'teens. Provident. Haven't seen any since.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
United States
4191 Posts
 Posted 07/31/2021  6:25 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
Oops, why? Demand.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
United States
2423 Posts
 Posted 07/31/2021  9:47 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
I don't see a huge demand for them.
Pillar of the Community
United States
4191 Posts
 Posted 08/03/2021  06:56 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply

Quote:
I don't see a huge demand for them.
Four years ago, I could buy nice examples of 50 pesos for less than $1,500. Today they are averaging $2,500 to start. For some reason my favorite vendor can't or won't source them now for some time.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Edited by fistfulladirt
08/03/2021 06:57 am
  Previous TopicReplies: 5 / Views: 428Next Topic  
 
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