CACG slabbing Mexico Libertads
Cougar1978
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Mexican Libertad market - your thoughts?
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Cougar1978
Posts: 9,567 ✭✭✭✭✭
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Overblown.
Currently bidding seems very aggressive on Mex Libertads. Many waking up and collecting the series. Interesting CACG now online for them. CACG premium?
Had bought a slew of them about 18-20 months ago so in the green there.
Bought about a dozen 69-70 CACG ASE about 10-6 months ago. Nice
Just as with equities, the general public is usually a follower rather than a leader.
Smart money is already selling these (and I’m not implying that numismatics is an investment).
Agree but if big bull market in silver hits again.. Bullish on silver at this time.
Hope CAC puts CAC MV column in world material. Many low pop and for investment ——wow! Would be big boost for CAC and Mexico Libertad mkt.
Especially if public strong retail buyers….and stack of CACG ASE….
Well I just dropped off really scintillating specimens of 1997 and 1998 Onzas at our hosts - maybe sticker them if eligible & pretty sure they will go 67 or better as I handpicked them from rolls at time of issue but forgot to bring the 1999s.
Well, just Love coins, period.
Where have you been?
Silver only increased about 6X in two years to the January 2026 peak. Seriously, does that not qualify?
Typical of your posts where you demonstrate zero interest in the coins as a collectible. It's my inference the collector interest, where it exists at all, is much lower vs. circulating coinage. You're basically inferring buying this coinage as tradeable financial widgets, again.
There aren't many posts for world NCLT on this forum, but I infer those who buy it as a primary interest have similar views to those who almost entirely post in NCLT threads on the US forum. I don't see virtually any interest, if any at all, in the coins as collectibles or collecting in those threads.
I'm aware this design is liked and the mintages are low relative to circulating coinage. I'm also aware, in a general sense, of the prices.
How much do you believe these coins should be worth, and what about it as a collectible supports your view?
@WCC I agree with you, but I’ll add that Libertads (and Onzas in general) have taken over as the gateway for new collectors of Mexican numismatics.
In the past, it was 20th Century Mexican coins, but now it’s “collectible bullion.”
Don't get me wrong. It's a design I really like.
But when anyone tries to claim that it has some super or outsized price potential when it's evident that they aren't even interested in the coin, that's when their logic escapes me.
It's the same sentiments I read by the repeat posters in the NCLT threads on the US forum who seem to think that people decided to collect just to buy their "flips" or speculative coins at a higher price than they paid. They don't want to pay more, but apparently everyone else should.
I think the Libertad series has better financial potential than ASE (easily) and likely better than most world NCLT too. Though the mintages are usually low, where they also go wrong is by inferring a comparison to circulating coinage with a much higher collector preference and much lower survival in higher quality or even any quality collectors want to buy.
I've read these sentiments repeatedly by the financial promoters where they try to claim equivalency between the two.
I like the slabbed pieces as they have valuation in CDN CPG for them in the various investment grades.
Well, I too generally agree that these are NOT currency coins and the demand not the same. HOWEVER, they have taken some breathtaking steps of late. That 2025 1 onza going crazy on ebay now.
I also think there are plenty of collectors (yes, including me) that have liked these all along and got most of their pieces at close to bullion prices. What will the future bring? Who knows and God have mercy on the flippers and speculators. I really don't care about them and am a little pissed that it is harder to get the coins I have liked all along.
I suspect that many collectors or even flippers in these may not frequent these boards.
I do agree that the NCLT coins are a different ilk, but they are just a different interest like medals or tokens, etc.
No criticism even if the orientation of others do not align with my own. I wonder how this CACG recognition will affect demand, and worse, prices...
Well, just Love coins, period.
There are definitely more than a few dates selling for good prices already.
I agree with this too. It's at least somewhat similar to the ASE, not like the low mintage gold NCLT which I don't believe has much hobbyist collector interest.
Well, there's good, and then there's purportedly only 300 minted, selling for $10,000+ good.....