Proof Libertads??

CoinCrazyPA · November 14, 2015 1:18PM

I asked on the foreign boards and no replies, so i thought I would try here.

I was wondering if anyone here knew the wholesale cost of the silver Libertad proofs. I am curious if the premium is comparable to the Proof American Eagles? Any input would be great. Mike

7over8 · November 15, 2015 12:06PM

Libertad proofs carry a significantly higher premium than ASE proofs. They are minted in lesser quantities, but are much more expensive.

7Jaguars · November 15, 2015 1:27PM

Those of us on the Darkside are mainly collectors and so will not know wholesale. I would imagine that it would be substantially lower than what are retail prices a bit higher than US Silver Eagles; it obviously depends on date as some are a bit scarcer than others but common date proofs probably do not get much premium is my best guess. I have bought many at retail in recent years for about 40 USD, so wholesale is prob. 25 or less. Also some dealers don't give a rats behind for them and will treat them just like bullion anyway.

PM me if you have only a couple of rare dates to give an idea or maybe an offer.

OPA · November 15, 2015 9:21PM

common date proofs probably do not get much premium

This .. and in most cases have a lower premium than the ASE's...( You can always review completed eBay auctions to get an idea)

DrBuster · November 15, 2015 10:09PM

The PM board would get you more answers.

Lib proofs depend on size and mintage for the premium. Some are really low mintages, especially in gold, and carry high premiums due to demand.

7Jaguars · November 15, 2015 11:51PM

But wholesale prices if you are selling will ding you mightily compared to asked for retail prices. I casually collect these, but can say the gold generates almost NO interest despite mintage ranges frequently in the low 100s.

7over8 · November 20, 2015 11:47AM

I dont know how anyone could say the premiums on new proof libertads are less than silver proof eagles.

Not a chance.

Silver proof libertads have a significantly higher premium per oz than silver proof eagles.

Forget about wholesale. There are a few main dealers in these coins (directly from Mexican Mint).

7Jaguars · November 20, 2015 2:55PM

"New" was your addition. Follow those that have been out there for a few - say, 1986 or so, and absolutely check at a coin show what dealers would offer you compared to an SAE. And this comes from a COLLECTOR that likes these and has quite a few. Those of the last few years are still [retail] elevated in price, thank god.

Or just check prices realized on the mentioned piece....

Vieques54 · November 20, 2015 9:34PM

I know some of both proof and MS strikes have very low mintage's. The fractional issues even smaller as most are from broken sets. One must remember also that a mintage of 25K in the states for the most part is considered a low mintage . Where in other countries 25K is not a small mintage.

A very attractive coin to collect .

Proof Libertads??

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