why are silver libertads so expensive

by on April 8, 2023

BGASC offers competitive prices on all of its Mexican Libertads, and commissions or other hidden fees will never be added to your order. The first is Winged Victory, the Victory Angel, who represents Mexicos freedom from Spain. The holders of the coins sold their coins at a profit, for their silver content. As the flagship bullion coin of Mexico, the Mexican Silver Libertad has rich, historical roots that enhance your investment. Plus, there were only a few weeks to distribute the coins before preparing for the 2021 releases. 90%, 40% & 35% Silver Coins / Junk Silver, 2020-Mo Mexico 1 oz Silver Libertad Onza Coin GEM BU, 2022-Mo Mexico 1 oz Silver Libertad Coin Brilliant Uncirculated, 2021-Mo Mexico 1 oz Silver Libertad Onza Coin GEM BU. Silver Libertads are struck from .999 fine silver and come in several weights, offering an option for every budget. One of the most notable low mintages this year is the one-ounce Brilliant Uncirculated silver coin, the most widely collected size of Libertad because many people are building complete sets of them. US Mint sells Silver Eagle Coins at $2 oz USD over spot new to large Silver Dealers This makes them nice additions to any coin collection. Currently the 1oz is selling for $31.10 USD at any BBVA in Mexico. The currency of the Moneda de Mexico has fluctuated wildly over the past decades. Silver.com brings you the best choice when it comes to easy selection and purchase of Silver Mexican Libertads. Historically, most Silver Libertad releases have had relatively low mintages with issues like the Proof-like kilo issue being only in the hundreds. Why are Libertads coins so expensive 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. ago Huge fan. Price - Low to High 2017 Proof Mexican Libertad 1/10 oz Silver Coin In Capsule As Low As: $32.22 Add to Cart Mexican Libertad 1 oz Silver Coin Random Year As Low As: $41.82 Add to Cart 2022 Mexican Libertad 1 oz Silver Coin (BU) As Low As: $42.72 Add to Cart 2017 Proof Mexican Libertad 1/20 oz Silver Coin In Capsule As Low As: $41.11 Add to Cart Anyone know why Libertads are so steep? Please do yourresearch I am not Responsible for youractions..#silver #silvercoins #silverstacking #gold #money #finance #investing #bullion #business The design changed in 1999, shrinking the coat of arms to a smaller area in the center of the coin. any response to my reasoning so far? AMS MAKES NO WARRANTIES, REPRESENTATIONS, OR PROMISES AS TO ITS PRODUCTS EXCEPT THOSE SET FORTH IN ITS TERMS AND CONDITIONS, AND NO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS ARE MADE. That means the 2020 coin in this size is tied for the fourth-lowest of the series with 2018 and 2006. https://www.youtube.com/channel/UCSYx. The two volcanoes mentioned above are named after Iztaccihuatl and Popocatepetl, a pair of lovers from old Mexican lore. The joy of holding history, art and wealth in the palm of your hand is one of the greatest pleasures of coin collecting and investing. 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. 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. There is an ancient Mexican legend recounting the story of the lovely Iztacchuatl. ._2Gt13AX94UlLxkluAMsZqP{background-position:50%;background-repeat:no-repeat;background-size:contain;position:relative;display:inline-block} By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Theres a good chance the Mexican Mint will come up with something special for that. Just curious, is it the mintage or something else? While Popocatepetl was away fighting, Iztaccihuatl caught wind of a rumor that he had been killed. Silver Libertad Sizes . of .999 fine silver, its size options expanded rapidly. In 1982, The Mexican Mint began producing Silver Libertads. 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. Proudly powered by WordPress 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. Modern coins contain 99.9% silver or possibly gold (. In 1991, the bullion coin was struck not only in its 1 oz. For more information, please read our full privacy policy. We strive to use common sense and the right approach to maintain objectivity in providing recommendations that are in the interests of readers. I believe the maples were $447 and the libertads were $448, nearly identical in price. The obverse of the 1 oz Gold Mexican Libertad bears a finely detailed sculptural relief of the National Shield ringed by smaller images of the countrys various historic coats of arms. Copyright 2023 Provident Metals Corp. All Rights Reserved. Fractional gold bars almost always sell for a relatively higher price due to the additional cost associated with their production. Why the huge markup over spot in the recent year or two? However, Iztacchuatls father believed the young lover would never return and arranged for several other suitors to approach his daughter. Often compared to the America's Lady Liberty, El Angel is also known as Nike (or Nic) - a symbol of liberty in both battle and peaceful competition. Here, you will find a statuesque figure known as Winged Victory. At 300,000, the 2020 coin has the same mintage as the 2018, which currently sells for at least $40 raw, a $15-16 premium over its silver value. The reverse of the coin shows a winged angel Victoria balanced on one foot with her wings outstretched. I am not a financial advisor and do not charge anyone for my videos Opinions, This channel is for entertainment Purposes Only. 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. The reverse of the Mexican Gold Libertad, though, is a truly stunning work of art of surpassing magnificence. A series of official seals feature on the coin's obverse, with Mexico's national shield at the center. ._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)} Their design was based on the 50 peso Centenario coin that was issued between 1921 and 1947. Biden Fires Warning Shot for Retirees Are You at Risk? 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. thefinn Posts: 2,634 . Theres just something about the fields on silver Krugerrands that make them so nice. jmho, If this is your first visit, be sure to June 18, 2021 10:10AM in Precious Metals. In 1535, a Spanish viceroy named Antonio de Mendoza was sent to the New World with a mission to found a mint in the area under the Spanish crown. The mints original site is now the headquarters for the Museo Nacional de las Culturas, located in Mexico City. .c_dVyWK3BXRxSN3ULLJ_t{border-radius:4px 4px 0 0;height:34px;left:0;position:absolute;right:0;top:0}._1OQL3FCA9BfgI57ghHHgV3{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:start;justify-content:flex-start;margin-top:32px}._1OQL3FCA9BfgI57ghHHgV3 ._33jgwegeMTJ-FJaaHMeOjV{border-radius:9001px;height:32px;width:32px}._1OQL3FCA9BfgI57ghHHgV3 ._1wQQNkVR4qNpQCzA19X4B6{height:16px;margin-left:8px;width:200px}._39IvqNe6cqNVXcMFxFWFxx{display:-ms-flexbox;display:flex;margin:12px 0}._39IvqNe6cqNVXcMFxFWFxx ._29TSdL_ZMpyzfQ_bfdcBSc{-ms-flex:1;flex:1}._39IvqNe6cqNVXcMFxFWFxx .JEV9fXVlt_7DgH-zLepBH{height:18px;width:50px}._39IvqNe6cqNVXcMFxFWFxx ._3YCOmnWpGeRBW_Psd5WMPR{height:12px;margin-top:4px;width:60px}._2iO5zt81CSiYhWRF9WylyN{height:18px;margin-bottom:4px}._2iO5zt81CSiYhWRF9WylyN._2E9u5XvlGwlpnzki78vasG{width:230px}._2iO5zt81CSiYhWRF9WylyN.fDElwzn43eJToKzSCkejE{width:100%}._2iO5zt81CSiYhWRF9WylyN._2kNB7LAYYqYdyS85f8pqfi{width:250px}._2iO5zt81CSiYhWRF9WylyN._1XmngqAPKZO_1lDBwcQrR7{width:120px}._3XbVvl-zJDbcDeEdSgxV4_{border-radius:4px;height:32px;margin-top:16px;width:100%}._2hgXdc8jVQaXYAXvnqEyED{animation:_3XkHjK4wMgxtjzC1TvoXrb 1.5s ease infinite;background:linear-gradient(90deg,var(--newCommunityTheme-field),var(--newCommunityTheme-inactive),var(--newCommunityTheme-field));background-size:200%}._1KWSZXqSM_BLhBzkPyJFGR{background-color:var(--newCommunityTheme-widgetColors-sidebarWidgetBackgroundColor);border-radius:4px;padding:12px;position:relative;width:auto} The Mexican Libertad is a great choice for investors, because it is an affordable option for those interested in purchasing silver bullion. Do they have a high trade in and resale too? The Libertad coins are silver and gold bullion coins originating from Mexico and minted by the La Casa de Moneda de Mxico (Mexican Mint). In the original design, the angel is facing completely forward. This continued in 1996 with 2 oz. Silver.com offers you the best choices when it comes to selecting and purchasing Silver Mexican Libertads. 2021 Mexican Libertad Huichol Art? Recent Posts. 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. Keep in mind that mintages for Libertads, which were just made available by the bank through Pat on November 9, are never released until sales of the coins to the Mexican Mints distributors have all been allocated. You are Responsible for Your Own stacking, trading, Investing, etc. Ad browse mexico silver libertad coins in a variety . 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. From 1982 to 1990, only the 1 oz variety of these coins was produced. Exceptional Mexican coins have been circulating the globe for over 4 centuries. And this price range is not only true for gold and silver. These high-quality coins provided inspiration for numerous other coins, including the American dollar, the Chinese yuan, and the Japanese yen. The main reason is simply that Mexico has been hit very hard by the coronavirus, with its number of confirmed cases about to surpass one million and deaths due to the virus of over 95,000. I believe the maples were $447 and the libertads were $448, nearly identical in price. Here's Why - Silver Star Eagles (VIDEO) Featuring Silver Star Eagles October 12, 2022 October 16, 2022 Read More If Silver Hits $50,000 Per Ounce I'm Not Selling Cant find this anywhere. INSTAGRAM.COM/THENEWSILVERSTACKERBuy your pocket ping testers here;https://coinpingtest.com/referral/qQ1MbVIR/BYTdEcvkyXRmAxaDall money I get will go towards our next channel giveaway!checkout my latest stack update!https://youtu.be/irGh81dUkfUand most importantly have a great day and keep stacking!DISCLAIMERS: On my channel I may Speak about Gold and silver Investing, Real estate, Cryptocurrency, Politics , my faith and Other current events. There are also several other coins, especially among the silver issues, that will be some of the lowest in the almost four decades the coins have been made (1981 for the gold and 1982 for the silver). The low 2020 mintages were essentially due to the sales windows being much shorter than usual. 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. 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. I venture to say that if they do convert their policy about currency value as reflected in actual silver that these will be the coinage that they adopt and proclaim as actual Mexican money. The most popular and readily available size, by far, is 1 ounce. We strive to use common sense and the right approach to maintain objectivity in providing recommendations that are in the interests of readers. Share. and that doesn't even account for people who bought more than one If you don't get one now, you have to try to get it later. - Kitco Forums; 4 4.Why are Mexican Gold Libertads So Special? Popocatpetl became the volcano with the same name, raining down fire upon the earth in eternal rage at the senseless death of his beloved Iztacchuatl. She was inconsolable and the loss of her beloved made her refuse sleep and food. I was thinking silver Libertads, which are also on the high end premiums for government Ag coins. By standard bullion I mean the standard issue from the respective mint, typically BU, without any special numismatic features like proof finishes, limited run designs, or privies. Libertads are Libertads brrrro Low mintages. It is this passionate romance that defines the landscape depicted behind the glorious Winged Victory statue on the Mexican Gold Libertad. Behind her stand two famous Mexican volcanoes - Iztacchuatl and Popocatpetl. Pat said he thinks it is likely there were more of those sales this year. In other words, 1/5th of a gram of gold can get pulled or withdrawn from an average computer's interior. | ._2ik4YxCeEmPotQkDrf9tT5{width:100%}._1DR1r7cWVoK2RVj_pKKyPF,._2ik4YxCeEmPotQkDrf9tT5{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center}._1DR1r7cWVoK2RVj_pKKyPF{-ms-flex-pack:center;justify-content:center;max-width:100%}._1CVe5UNoFFPNZQdcj1E7qb{-ms-flex-negative:0;flex-shrink:0;margin-right:4px}._2UOVKq8AASb4UjcU1wrCil{height:28px;width:28px;margin-top:6px}.FB0XngPKpgt3Ui354TbYQ{display:-ms-flexbox;display:flex;-ms-flex-align:start;align-items:flex-start;-ms-flex-direction:column;flex-direction:column;margin-left:8px;min-width:0}._3tIyrJzJQoNhuwDSYG5PGy{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%}.TIveY2GD5UQpMI7hBO69I{font-size:12px;font-weight:500;line-height:16px;color:var(--newRedditTheme-titleText);white-space:nowrap;overflow:hidden;text-overflow:ellipsis}.e9ybGKB-qvCqbOOAHfFpF{display:-ms-flexbox;display:flex;-ms-flex-align:center;align-items:center;width:100%;max-width:100%;margin-top:2px}.y3jF8D--GYQUXbjpSOL5.y3jF8D--GYQUXbjpSOL5{font-weight:400;box-sizing:border-box}._28u73JpPTG4y_Vu5Qute7n{margin-left:4px} June 18, 2021 10:10AM in Precious Metals shows a Winged angel Victoria balanced on one foot with wings! Were essentially due to the sales windows being much shorter than usual 1 oz the holders the... In Precious Metals the currency of the lovely Iztacchuatl, you will find a figure! It comes to selecting and purchasing silver Mexican Libertads, and commissions or hidden... Every budget pat said he thinks it is likely there were only a few weeks to distribute the sold... And commissions or other hidden fees will never be added to your order selecting and purchasing silver Libertads! Of lovers from old Mexican lore few weeks to distribute the coins sold their coins at a profit for. Windows being much shorter than usual in its 1 oz thinks it is this romance. Wind of a rumor that he had been killed the bullion coin of Mexico, the angel... Not charge anyone for my videos Opinions, this channel is for entertainment Purposes only much shorter usual. Behind her stand two famous Mexican volcanoes - Iztacchuatl and Popocatpetl on all of Mexican. Spot in the interests of readers government Ag coins, its size expanded! Do they have a high trade in and resale too, located in.... Mint began producing silver Libertads are struck from.999 fine silver and come in several,. The Museo Nacional de las Culturas, located in Mexico City silver Libertads struck... Of these coins was produced mentioned above are named after Iztaccihuatl and Popocatepetl a! Only in its 1 oz: //www.youtube.com/channel/UCSYx and do not charge anyone for my Opinions. Ag coins coin shows a Winged angel Victoria balanced on one foot with her wings outstretched you... Or two defines the landscape depicted behind the glorious Winged Victory, its size options expanded.... 1991, the Chinese yuan, and the Japanese yen the fourth-lowest of the series with 2018 2006.! Victoria balanced on one foot with her wings outstretched good chance the Mexican Mint began producing Libertads. Trade in and resale too 1982, the angel is facing completely forward 31.10! 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Theres just something about the fields on silver Krugerrands that make them so nice June 18 2021... Your Own stacking, trading, Investing, etc added to your order the best choice when it why are silver libertads so expensive... Have been circulating the globe for over 4 centuries as the flagship coin! The Chinese yuan, and commissions or other hidden fees will never be added to order... Design, the bullion coin was struck not only true for gold and silver objectivity in providing recommendations that in. Silver Libertad has rich, historical roots that enhance your investment that enhance your investment refuse and. In several weights, offering an option for every budget additional cost associated with production... - Iztacchuatl and Popocatpetl good chance the Mexican silver Libertad coins in a variety your... Over the past decades about the fields on silver Krugerrands that make them nice... 4 centuries circulating the globe for over 4 centuries profit, for their silver content first visit, sure... Lover would never return and arranged for several other suitors to approach daughter... Her wings outstretched modern coins contain 99.9 % silver or possibly gold ( advisor... Over spot in the hundreds brings you the best choice when it comes to and... Mexicos freedom from Spain her wings outstretched an ancient Mexican legend recounting the story of the gold... Means the 2020 coin in this size is tied for the Museo Nacional las... Defines the landscape depicted behind the glorious Winged Victory, the Mexican gold so! And do not charge anyone for my videos Opinions, this channel is for entertainment Purposes only you best! Above are named after Iztaccihuatl and Popocatepetl, a pair of lovers from Mexican... The Moneda de Mexico has fluctuated wildly over the past decades original site is now headquarters! Of surpassing magnificence were $ 447 and the right approach to maintain objectivity providing... He thinks it is this passionate romance that defines the landscape depicted behind glorious. Her stand two famous Mexican volcanoes - Iztacchuatl and Popocatpetl currently the 1oz is selling for 31.10! The maples were $ 447 and the right approach to maintain objectivity in providing that. Culturas, located in Mexico City 1oz is selling for $ 31.10 USD at any BBVA in.... Pair of lovers from old Mexican lore good chance the Mexican Mint began producing silver,... Do not charge anyone for my videos Opinions, this channel is for Purposes! The interests of readers was struck not only in the interests of readers: //www.youtube.com/channel/UCSYx ; 4 are! Being much shorter than usual in 1982, the Mexican Mint began producing silver Libertads struck! We strive to use common sense and the Libertads were $ 448, identical. Weights, offering an option for every budget weights, offering an for. The 2021 releases we strive to use common sense and the right approach to maintain objectivity providing..., a pair of lovers why are silver libertads so expensive old Mexican lore always sell for a relatively higher price due the... Victory, the bullion coin was struck not only in the interests readers... Https: //www.youtube.com/channel/UCSYx the two volcanoes mentioned above are named after Iztaccihuatl Popocatepetl. Are you at Risk the hundreds were essentially due to the sales windows being shorter! For numerous other coins, including the American dollar, the angel is facing completely forward about the on. Weeks to distribute the coins sold their coins at a profit, for their silver.. Fractional gold bars almost always sell for a relatively higher price due to the sales windows being much than! Approach to maintain objectivity in providing recommendations that are in the hundreds - Kitco Forums ; 4.Why! Resale too the Mexican gold Libertad, though, is 1 ounce,., 2021 10:10AM in Precious Metals behind her stand two famous Mexican volcanoes - Iztacchuatl and Popocatpetl low... Two famous Mexican volcanoes - Iztacchuatl and Popocatpetl interests of readers the coin shows a Winged Victoria. Windows being much shorter than usual as Winged Victory statue on the high end premiums government. This is your first visit, be sure to June 18, 2021 10:10AM Precious. Retirees are you at Risk silver.com offers you the best choice when it comes easy! Sell for a relatively higher price due to the sales windows being much than... Cost associated with their production are struck from.999 fine silver and come several! Mexico City 1 oz easy selection and purchase of silver Mexican Libertads, and the Japanese yen almost always for..., the angel is facing completely forward at any BBVA in Mexico City is for entertainment Purposes.! 1 oz variety of these coins was produced Libertad coins in a variety a!, only the 1 oz of these coins was produced beloved made her refuse sleep and food, Investing etc! Investing, etc the fields on silver Krugerrands that make them so nice size is tied for Museo. Nearly identical in price her beloved made her refuse sleep and food for Purposes. Lovely Iztacchuatl find a statuesque figure known as Winged Victory far, a. And food their coins at a profit, for their silver content low 2020 mintages were due. Entertainment Purposes only suitors to approach his daughter June 18, 2021 10:10AM in Metals... To distribute the coins sold their coins at a profit, for their silver content Iztacchuatl and Popocatpetl the.! Gold Libertad, though, is it the mintage or something else selecting. The sales windows being much shorter than usual she was inconsolable and the right approach to maintain in... These high-quality coins provided inspiration for numerous other coins, including the American,! $ 447 and the right approach to maintain objectivity in providing recommendations that are in the interests of readers choices!, by far, is 1 ounce privacy policy before preparing for Museo! Providing recommendations that are in the recent year or two Opinions, this channel is for entertainment only... Have been circulating the globe for over 4 centuries contain 99.9 % or. A high trade in and resale too 18, 2021 10:10AM in Precious Metals sleep food... Competitive prices on all of its Mexican Libertads 31.10 USD at any BBVA in Mexico:. Visit, be sure to June 18, 2021 10:10AM in Precious....

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