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Mexico Libertad (slabs) bidding highly competetive.

Seems like a lot of competition win one of these. If silver increases considerably….

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  • pruebaspruebas Posts: 5,081 ✭✭✭✭✭

    @Cougar1978 said:
    Seems like a lot of competition win one of these. If silver increases considerably….

    You go, girl!

  • 7Jaguars7Jaguars Posts: 7,944 ✭✭✭✭✭

    Yes, and this is why last Baltimore show I dropped a time of issue handpicked 1997 and 1998 currency libertad onza. Hoping and praying for a good 68/69 grade on these. Couple years ago I bought an MS68 Type II 1991. Can't afford the 2025 onza uncirculated though - these have been going for 8k USD and above!!!

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • WCCWCC Posts: 3,159 ✭✭✭✭✭

    Again, how much do you think these coins these be worth? When? Why?

    If silver increases "considerably", depending upon your definition of "considerable", most will probably underperform silver spot, possibly noticeably.

  • 7Jaguars7Jaguars Posts: 7,944 ✭✭✭✭✭

    IMHO, not a crystal clear picture at all - however there does seem to be steady movement upward of the scarcer earlier currency dates. It certainly appears the earlier "rare" proof libertads have stabilised (ie 1998 and 1999 proof coins). Who knows how steady the demand will be and/or if the so-called home market develops and to what degree. IMHO, nobody has that answer.

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • WCCWCC Posts: 3,159 ✭✭✭✭✭
    edited March 21, 2026 4:47PM

    It all depends upon expectations, which the OP hasn't stated.

    There are no absolutes, as we're not discussing chemistry or physics. My comments on this series, any series really, are based upon common sense inferences of how collectors usually collect.

    The scarcer proofs in this series are (somewhat) equivalent to the 95-W ASE. The 95-W ASE is the "key date" with similar perception to 60's US circulating design "key dates" in an otherwise inexpensive series by contemporary standards. It's certainly not even close to scarce. This coin accounts for a disproportionate percentage of the series cost but since it's the only one, it's still an aspirational coin which is feasibly affordable to a large enough proportion of the collector base who want to complete the series, basic or expanded.

    This is entirely different than a disproportionate, most, much less all coins in this series selling for 95-W type prices or much higher vs. current. The OP hasn't stated this expectation explicitly, but he's inferred something like it numerous times before. It's similar to one prior poster years ago who asked if the 2015 (an apparently random date he picked) will be priced similar to the 95-W and why it wasn't then. It's so much scarcer, so why doesn't it have a similar price?

    The answer generically is that NCLT isn't interesting enough to enough hobbyist collectors and financially motivated buyers who don't actually carer enough collecting don't create these types of prices either. They aren't going to pay 95-W prices for each and every coin in the series, or anywhere near it.

    If the series were mostly or entirely priced similar to the 95-W or even increases a lot more than Mexican coinage generally, it will be (completely) uncompetitive with the coinage Mexican collectors actually prefer most: Colonial and Republic gold and crown sized particularly. It will also be completely uncompetitive with other competing world NCLT like the Britannias and Pandas.

    While it can happen, the more expensive coins aren't cheap now and aren't actually scarce either. More common than Morgan dollar and Barber half proofs though with a large quality variance.

    Similar idea for the "business strikes" which just from the TPG pops are really expensive for the more expensive dates.

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