Weight variation in Libertads, anyone seen it?

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.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

Weight variation in Libertads, anyone seen it?

Postby 68Camaro » Thu Mar 14, 2013 4:43 pm

I weighed a stack of 17 Libertads of varying years and found some surprising variation. Anyone else have a stack and a 0.01 gram scale to see what they get?

Reason for my concern is... do I have some counterfeits in these?

I've previously noted some measured data on variation in BU US circulating 90%, which was never intended to be a precise container for silver.

But my previous measurements in .999 bullion coin (Maples, ASEs, etc) have shown very consistent weights to the 3rd decimal place, varying only in the 4th digit.

However, I weighed these 17 LIbertads and found three groups: one I will call "nominal" at 31.10 to 31.22 grams (population of 10), 6 light (30.84 to 30.99), and 1 heavy (31.32)

Keep in mind that true nominal is a minimum value of 31.134 (1 toz/.999)

The data is below. You can see the clear breaks in groups. The overall average is 31.08 (not bad, but slightly low). But the first group of 6 averages 30.93. the second group of 10 averages 31.16 (which is what I would expect), and the last group of 1 averages 31.32. There's a nearly 0.4 gram difference between the light and heavy groups.

30.84
30.9
30.92
30.96
30.99
30.99

31.10
31.11
31.12
31.14
-------< they should typically weigh about here
31.15
31.15
31.17
31.19
31.21
31.22

31.32
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8304
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: Weight variation in Libertads, anyone seen it?

Postby beauanderos » Thu Mar 14, 2013 5:04 pm




:lol: :lol: :lol:
The Hand of God moves WorldsImage
User avatar
beauanderos
Too Busy Posting to Hoard Anything Else
 
Posts: 9827
Joined: Wed Oct 14, 2009 10:00 am

Re: Weight variation in Libertads, anyone seen it?

Postby 68Camaro » Thu Mar 14, 2013 5:08 pm

Blah, blah, blah... :roll:

:lol:
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8304
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: Weight variation in Libertads, anyone seen it?

Postby Engineer » Thu Mar 14, 2013 7:03 pm

Too many cervezas in the QA dept?
User avatar
Engineer
Super Post Hoarder
 
Posts: 3266
Joined: Thu Jan 12, 2012 5:08 am

Re: Weight variation in Libertads, anyone seen it?

Postby 68Camaro » Thu Mar 14, 2013 7:41 pm

Engineer wrote:Too many cervezas in the QA dept?


Dude, where's the curiousity?! ;)
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8304
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: Weight variation in Libertads, anyone seen it?

Postby dannan14 » Fri Mar 15, 2013 12:20 am

Could it have anything to do with the mintage year? This wiki http://en.wikipedia.org/wiki/Bullion_coin shows '91 to present as .999 and pre '91 as .900 i guess the variance you found probably isn't enough for purity to be the answer, but i thought i'd throw it out there.

EDIT: Ooooops! i was reading the gold section. The silvers have always been the same purity. Could it be your scale? Have you calibrated it recently?
dannan14
Penny Collector Member
 
Posts: 313
Joined: Thu Jan 12, 2012 9:13 pm

Re: Weight variation in Libertads, anyone seen it?

Postby beauanderos » Fri Mar 15, 2013 1:57 am

dannan14 wrote:Could it have anything to do with the mintage year? This wiki http://en.wikipedia.org/wiki/Bullion_coin shows '91 to present as .999 and pre '91 as .900 i guess the variance you found probably isn't enough for purity to be the answer, but i thought i'd throw it out there.

EDIT: Ooooops! i was reading the gold section. The silvers have always been the same purity. Could it be your scale? Have you calibrated it recently?

miscalibration would not account for the bell curved results that he has found. It would be more likely to show end-liars (sp intentional :lol:) as in the entire group being low (beyond expected variances) or high... not the even spread demonstrated.
The Hand of God moves WorldsImage
User avatar
beauanderos
Too Busy Posting to Hoard Anything Else
 
Posts: 9827
Joined: Wed Oct 14, 2009 10:00 am

Re: Weight variation in Libertads, anyone seen it?

Postby 68Camaro » Fri Mar 15, 2013 6:56 am

Good thoughts, but...

Scale is calibrated with precision weights.

The Libertad is the later subcategory of the "onza", which are all 1 toz coins, but were first done in sterling from 1978-80. In 1982 the Libertad design came out as a .999 bullion coin. The older coins weighed far more, 33.625 grams nominal and are larger diameter at 42 mm vs 36 mm for the Libertad. They can't be easily mistaken.

As far as it being a issue of year within the series, there is no correlation of year and weight. The same years share both light and nominal weights (and heavy, for the one example).
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8304
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: Weight variation in Libertads, anyone seen it?

Postby Engineer » Fri Mar 15, 2013 7:17 am

In the absence of an XRF scanner, you could test them with an induction slide...but that may not be an option if you're trying to keep them in BU condition. Putting them in a 2 mil PE baggie might be an acceptable way to protect the surface from scratches if you do decide to send them down a slide.

If I had to guess, I'd say the mint was just a little sloppy on planchet thickness. With so much silver production and so many different types of silver coinage in Mexico, it's possible that they simply didn't see the need to reject overweight feedstock.

You could also try measuring the fields with a micrometer. It would vary slightly depending on the strike, but with enough data you should be able to correlate thickness vs mass vs strike.
User avatar
Engineer
Super Post Hoarder
 
Posts: 3266
Joined: Thu Jan 12, 2012 5:08 am

Re: Weight variation in Libertads, anyone seen it?

Postby 68Camaro » Fri Mar 15, 2013 7:36 am

That's what I'm thinking - hoping. On average - given enough of them, they are very close to nominal. But the individual quality control is more like what we see in US 90%, rather than the much tighter control we seem to see with ASEs or Maples.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8304
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: Weight variation in Libertads, anyone seen it?

Postby beauanderos » Fri Mar 15, 2013 9:20 am

68Camaro wrote:That's what I'm thinking - hoping. On average - given enough of them, they are very close to nominal. But the individual quality control is more like what we see in US 90%, rather than the much tighter control we seem to see with ASEs or Maples.

consider the source :lol:
The Hand of God moves WorldsImage
User avatar
beauanderos
Too Busy Posting to Hoard Anything Else
 
Posts: 9827
Joined: Wed Oct 14, 2009 10:00 am

Re: Weight variation in Libertads, anyone seen it?

Postby 68Camaro » Fri Mar 15, 2013 12:32 pm

beauanderos wrote:
68Camaro wrote:That's what I'm thinking - hoping. On average - given enough of them, they are very close to nominal. But the individual quality control is more like what we see in US 90%, rather than the much tighter control we seem to see with ASEs or Maples.

consider the source :lol:


Well, for anyone here that might be from or have heritage from that country, this is not a personal slam at all, but... it did cross my mind that that is not the first country one thinks of when precision comes to mind. Switzerland, Germany, Japan, yes. Mexico? Not so much.

I post this to note the observed response of a random population, both for myself as well as others. The very variation is, itself, a signature. If I bought a roll of Libertads and they were all exactly 30.9x, or all exactly 31.2x - it would now send up a red flag to me. Hmmm, unless it was a mint roll that had all come from same planchet at same time, that might be TOO precise for these to be "normal" for Libertads.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
User avatar
68Camaro
Too Busy Posting to Hoard Anything Else
 
Posts: 8304
Joined: Thu Dec 30, 2010 6:12 am
Location: Disney World

Re: Weight variation in Libertads, anyone seen it?

Postby theo » Fri Mar 15, 2013 12:58 pm

Are you seeing any variations in the design of the coin? Most fakes are flawed in some way. I agree that lax quality control is the likely problem, but I would feel better about that conclusion if there was some external confirmation; like an article in Kitco.
theo
1000+ Penny Miser Member
 
Posts: 1742
Joined: Sat Jan 31, 2009 10:00 am
Location: Western Pa

Re: Weight variation in Libertads, anyone seen it?

Postby fathead » Sun Mar 17, 2013 6:54 am

i have a short stack of libertads myself. while they weigh different depending on year, mine are never under 31g
fathead
 
Posts: 10
Joined: Fri Mar 08, 2013 9:58 pm


Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 1 guest