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Libertads

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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Libertads

Postby franklin » Sun May 30, 2021 8:36 pm

Why are 1 ounce silver Libertads going for 2x what other 1 ounce rounds are bringing? APMEX has them for over $80 and I saw a few more places where asking price was nearly the same. Just wondering.
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Re: Libertads

Postby JadeDragon » Mon May 31, 2021 2:28 am

I figured out how to buy them in the bank in https://en.m.wikipedia.org/wiki/Coppel stores in Mexico. I don’t recall paying twice spot, but there was a bit of premium on them. Love the look of the Mexican coins and buy them when I come across them.

Part of the reason may be scarcity. Mintage is down the last few years. https://en.m.wikipedia.org/wiki/Libertad_(coin)
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
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