She holds a laurel wreath and broken chain. 1, First 2023 Collector Coins From Italian Mint Honor Art of Vantivelli, Heritage Offering Special Collection of World Coins, Part II, Perth Mint Issues 2023 Australian Koala Silver Bullion Coins, US Mint Releases U.S. Army 2.5 Ounce Silver Medal March 6, Big Things Happened at the United States Mint in March, Jeff Garrett: The Box of Twenty Approach to Coin Collecting, Roger Burdette: First 1878-S Morgan Silver Dollars Struck, 2023 Congratulations Set With Silver Eagle Proof on Sale March 2, The Coins of Carthage During Hannibals War With Rome. 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). However, Iztacchuatls father believed the young lover would never return and arranged for several other suitors to approach his daughter. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. well, i am following this thread and my reply post #3 on page 1 seems to be the most viable explanation so far. The first is Winged Victory, the Victory Angel, who represents Mexicos freedom from Spain. Low mintage. These high-quality coins provided inspiration for numerous other coins, including the American dollar, the Chinese yuan, and the Japanese yen. Buy Mexican Silver Libertad Coins from Silver.com - the bullion market leader. - Kitco Forums; 4 4.Why are Mexican Gold Libertads So Special? Proudly powered by WordPress 5 1 oz silver coin; American Silver Eagle Vs Mexican Libertad Mintages U0026 Collectability Is This Even A Fair Comparison; Mexican Silver Libertads are struck in Mexico by the Casa de Moneda de Mxico (Mexican Mint). chesterb Posts: 958 . VanessaBenedict.com is a content publisher and does not offer personal financial advice or endorse the purchase or sale of securities or investments for any particular individual. The added cost of finding high quality silver bars comes from the costs of mining, refining, manufacturing, minting, marketing, securing and storing silver bars that are available for sale if needed. 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. When the 1 Kilogram version was issued in 2002, it was minted using a very special prooflike finish that was never seen before on a Silver Libertad. 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. 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. As discussed below, this years Libertads include some very low mintages. The Mexican Mint was established in 1535 and is the oldest mint in the Americas. Libertads often cost $1.50 to $2.00 more than Eagles, and Eagles are very expensive themselves. Pesos made of silver were widely circulated across North America, and made their way over to Asia into the 1800s. A lot of great history with the Mexican mint. Exceptional Mexican coins have been circulating the globe for over 4 centuries. The US Mint charges its authorized distributors a flat $2.00 premium over spot for Eagles, which explains why they're so expensive compared to Maples or Britannias. In 2021, the Mexican Mint stated the final mintage for 1 ounce bullion Silver Libertads was just 450,000, with only 3,6000 1/20th ounce BU Libertads minted. The mints original site is now the headquarters for the Museo Nacional de las Culturas, located in Mexico City. Many are sold after being graded since, like other major bullion coins, they almost all grade MS69 or 70 today unlike in the past. Iztacchuatls mountain is called La Mujer Dormida, or The Sleeping Woman, because it resembles a woman sleeping on her back. Recent Posts. check out the. It depicts an eagle perched on a cactus and carrying a snake in its beak. Buy. Theres just something about the fields on silver Krugerrands that make them so nice. This is due to the fact that Proof Mexican Libertads are more expensive to produce so keeping the mintage at a minimum is ideal for the producer. BGASC is a respected reseller of the Professional Coin Grading Service (PCGS) and a member of the Certified Coin Exchange (CCE). of .999 fine silver, its size options expanded rapidly. While the coin was first struck out of 1 oz. In my opinion the Libertad is not a very impressive coin compared to the Eagle, Britannia, Maple Leaf, and others. When Popocatpetl returned against all odds only to discover his lover dead, he carried her to the top of a mountain in hopes that the cold would revive her. ._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} The Silver Libertad is a bullion coin with one of the most diverse ranges of size available. CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, There just were not enough coins to meet the demand., NGC Promotes Two Top Members of Coin Grading Team, Harvey Stack: The History of Stacks 1985, Pt. Established in 1535 by Viceroy Antonio de Mendoza, the Mexican Mint is the oldest mint facility in both North and South America. As this is being written, several foreign companies are offering this coin for about $40 each. Web why are silver libertads so expensive? The design on the reverse of the coin came from the gold Centenario, which was minted between 1921 and 1947, and offers a re-imagining of a classic Mexican coin image. In Spanish, "libertad" translates to freedom or liberty. . Libertad coins become silver and gold coins from Mexico and are minted by their La Casa de Moneda de Mxico (Mexican Mint). In 1991, the bullion coin was struck not only in its 1 oz. While the coin was first struck out of 1 oz. US Mint sells Silver Eagle Coins at $2 oz USD over spot new to large Silver Dealers We have a promotional relationship with some of the offerings featured on this site. ._3oeM4kc-2-4z-A0RTQLg0I{display:-ms-flexbox;display:flex;-ms-flex-pack:justify;justify-content:space-between} It wasnt until 1569 that proper facilities were built for the mint, however. The Spanish Crown wanted to create the first mint in the Americas, so the crown decreed the establishment of the mint, which Viceroy Antonio de Mendoza carried out in 1535. Please do yourresearch I am not Responsible for youractions..#silver #silvercoins #silverstacking #gold #money #finance #investing #bullion #business Her father sent her beloved, Popocatpetl, to war inOaxaca, promising Popocatpetl that if he returned, he and Iztacchuatl could marry. We strive to use common sense and the right approach to maintain objectivity in providing recommendations that are in the interests of readers. As the flagship bullion coin of Mexico, the Mexican Silver Libertad has rich, historical roots that enhance your investment. I'd suspect, because of all the border work being done, the smugglers are having a harder time bringing in rolls of Libertads and the old adage of 'supply and demand' is upset, prices are a bit higher than we'd like to see, Max I didn't follow your thesis. I use to buy 5oz libertads for under $100, back when spot was under $20 obviously.. 1oz libertads were being sold for under $20. Hi all -- I've noticed this for a few years now. 6 6.Why Are These Libertads So Expensive - Coin Community Forum; 7 7.So your thinking about investing in Mexican . Silver Libertads are struck from .999 fine silver and come in several weights, offering an option for every budget. But when investing in Libertads, you need to understand your own key data. ai thinker esp32 cam datasheet 2-3 years ago libertads cost about the same as ASE. Silver.com brings you the best choice when it comes to easy selection and purchase of Silver Mexican Libertads. The store will not work correctly in the case when cookies are disabled. Modern coins contain 99.9% silver or possibly gold (. It all makes sense now! 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. Libertads are made of high quality .999 silver and are beautiful and recognizable coins. The two volcanoes mentioned above are named after Iztaccihuatl and Popocatepetl, a pair of lovers from old Mexican lore. June 18, 2021 12:35PM. ._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} Following this post for the list of sovereign bullion. other possible reasons? 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. The modern coins contain 99. In 1991, the bullion coin was struck not only in its 1 oz. The Silver Libertads reverse features two iconic Mexican symbols. Sizes in between include 5 ounces, 2 ounces, 1 ounce, half an ounce, a quarter of an ounce, and 1/10th of an ounce. 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. 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. ._1QwShihKKlyRXyQSlqYaWW{height:16px;width:16px;vertical-align:bottom}._2X6EB3ZhEeXCh1eIVA64XM{margin-left:3px}._1jNPl3YUk6zbpLWdjaJT1r{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;display:inline-block;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;padding:0 4px}._1jNPl3YUk6zbpLWdjaJT1r._39BEcWjOlYi1QGcJil6-yl{padding:0}._2hSecp_zkPm_s5ddV2htoj{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;display:inline-block;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;margin-left:0;padding:0 4px}._2hSecp_zkPm_s5ddV2htoj._39BEcWjOlYi1QGcJil6-yl{padding:0}._1wzhGvvafQFOWAyA157okr{font-size:12px;font-weight:500;line-height:16px;border-radius:2px;margin-right:5px;overflow:hidden;text-overflow:ellipsis;vertical-align:text-bottom;white-space:pre;word-break:normal;box-sizing:border-box;line-height:14px;padding:0 4px}._3BPVpMSn5b1vb1yTQuqCRH,._1wzhGvvafQFOWAyA157okr{display:inline-block;height:16px}._3BPVpMSn5b1vb1yTQuqCRH{background-color:var(--newRedditTheme-body);border-radius:50%;margin-left:5px;text-align:center;width:16px}._2cvySYWkqJfynvXFOpNc5L{height:10px;width:10px}.aJrgrewN9C8x1Fusdx4hh{padding:2px 8px}._1wj6zoMi6hRP5YhJ8nXWXE{font-size:14px;padding:7px 12px}._2VqfzH0dZ9dIl3XWNxs42y{border-radius:20px}._2VqfzH0dZ9dIl3XWNxs42y:hover{opacity:.85}._2VqfzH0dZ9dIl3XWNxs42y:active{transform:scale(.95)} Libertads often cost $1.50 to $2.00 more than Eagles, and Eagles are very expensive themselves. weight, but also with the additional sizes 1/2 oz., 1/4 oz., 1/10 oz. Prices, facts, figures and populations deemed accurate as of the date of publication but may change significantly over time. The US Mint charges its authorized distributors a flat $2.00 premium over spot for Eagles, which explains why they're so expensive compared to Maples or Britannias. Eagle, Britannia, Maple Leaf, and others the silver Libertads reverse features iconic... Translates to freedom or liberty in my opinion the Libertad is not very! 40 each expensive themselves for numerous other coins, including the American dollar, the bullion market leader an... Are offering this coin for about $ 40 each a snake in its 1.! American dollar, the Mexican Mint was established in 1535 by Viceroy Antonio de Mendoza the... Are offering this coin for about $ 40 each silver or possibly gold ( in Libertads, you need understand! Right approach to maintain objectivity in providing recommendations that are in the Americas with the sizes. 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