Why Are Mexican Libertads So High? - Coin Community Forum

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Author	Replies: 10 / Views: 6,818
kennedy759 Valued Member United States 240 Posts	Posted 01/13/2023 1:09 pm why are they so much more expensive then silver eagles and britannias? Report this Post to the Staff

livingwater Pillar of the Community United States 2246 Posts	Posted 01/13/2023 1:43 pm They are popular and often low mintage. For example the 2021 mintage of the 1 oz silver UNC Libertad was 450K, the 2021 1 oz gold UNC was 1,050, the 1/2 oz gold UNC only 500 mintage according to Wiki. I don't know how often/when the Mexico mint releases official mintage numbers. Compare these low numbers to the millions struck Silver Eagles, Maple Leaf, BrItannia, which is a major reason why Libertad are more expensive IMO. I have a few Libertad. https://en.wikipedia.org/wiki/Libertad_(coin) Edited by livingwater 01/13/2023 1:58 pm Report this Post to the Staff
dsking Pillar of the Community United States 2365 Posts	Posted 01/13/2023 2:01 pm As "living water" says, it's all about the low mintages. We collect Lib's as well. We try to grab one just as soon as they are released. The costs are somewhat lower. Ofcourse, we never know when they will be released because they aren't released on a set schedule (seemingly). We just keep a very close eye on their market. We have them back to 1982. We have only a few holes but, they aren't among our top collections. It's all about mintage, mintage, mintage! That said, they are very nice coins and deserve attention with collectors. Report this Post to the Staff
hfjacinto Pillar of the Community United States 7292 Posts	Posted 01/13/2023 2:05 pm I have a total of 1 libertard. The prices at my LCS are as follows: Philharmonics = Spot +$5 Maple Leafs = Spot + $6 Britannia = Spot +$6.5 ASE = Spot + I don't know, haven't purchased any in a while when they went over +$9 Libertards = Spot +$14 As to why Libertards cost so much? They have topless women on them and people like coins with topless women. My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Edited by hfjacinto 01/13/2023 2:42 pm Report this Post to the Staff
kennedy759 Valued Member United States 240 Posts	Posted 01/13/2023 2:07 pm thanks for the info, now I need to buy one Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 01/13/2023 6:14 pm Considering hfjacinto's premium information, Do silver rounds make reasonable purchasing sense ? Report this Post to the Staff
hfjacinto Pillar of the Community United States 7292 Posts	Posted 01/13/2023 6:19 pm @sel_69l, If you are just looking at premium, yes but silver rounds today are at spot plus $5 so I would rather get philharmonic's instead. In early 2022 the premiums were about $2-$3. Honestly best is to get what's the lowest premium. My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
captainrich Pillar of the Community United States 982 Posts	Posted 01/13/2023 10:08 pm Quote: As to why Libertards cost so much? They have topless women on them and people like coins with topless women. That's why I prefer the five-ounce version! My 7070 My NGC Registry Sets: https://coins.www.collectors-societ...eopleID=9216 Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 01/14/2023 06:30 am Now I know why my specialist bullion dealer has Philharmonics and Maple Leafs, but not ASE's or Libertads Report this Post to the Staff
redlock Pillar of the Community Germany 992 Posts	Posted 01/14/2023 1:14 pm If you are interested in the mintage figures of Mexican silver coins (including Libertads) take a look here: https://www.banxico.org.mx/SieInter...27&locale=en Even more information here: https://www.banxico.org.mx/SieInter...os&locale=en (scroll down to the bottom of the page for the fine metals data) Edited by redlock 01/14/2023 1:14 pm Report this Post to the Staff
hfjacinto Pillar of the Community United States 7292 Posts	Posted 01/14/2023 5:25 pm If anyone is interested. Libertards. Britannia Maple Leaf My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
	Replies: 10 / Views: 6,818

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