Value of 2012 1oz gold libertad pcgs70

Discussion in 'Bullion Investing' started by midas1, Jun 19, 2019.

  1. midas1

    midas1 Exalted Member

    In Sept 2013 I bought a 1oz gold Libertad pcgs70 for $1546.00.
    I believe it was advertised as one of a population of 53 or 56.
    Where can I find the current value of this coin?
    Google has not returned any useful results.
     
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  3. Treashunt

    Treashunt The Other Frank

    Go to PCSG

    However, most likely just melt
    Today's gold, one ounce:
    Gold $1351.90/oz [​IMG] 5.00
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Dont be fooled, friends dont let friends buy graded bullion, most
    Of the time its a big loser ! since most government issue gold
    Coins are gem anyway why pay the ridiculous premiums for
    A perfect coin, bullion is bullion regardless of condition or
    Population for that matter, dont mean to rain on your parade.
     
    Seattlite86 and furryfrog02 like this.
  5. Garlicus

    Garlicus Debt is dumb, cash is king.

    Buying graded gold or silver is a good thing to do, IF you can get it for about the same price as an ungraded coin. Having it graded/slabbed helps when it comes time to sell, as it gives it a layer of authenticity.

    As an example, for my nephew’s HS graduation a couple of years ago, I got him an MS70 1/10 Gold Eagle (with a free ASE for me ) for $165 or $170. That was maybe $5-$10 more than if I bought them raw. The holder protects the coin for him, helps him keep from losing it, since the slab is a good size, it may appreciate, and the next buyer has more assurance that it is genuine.
     
    Last edited: Jun 19, 2019
  6. Garlicus

    Garlicus Debt is dumb, cash is king.

    Looking at listings on eBay, it appears to at least held that value, if not increased some.
    That population number is for some type of ‘collection’, or whatever, not a mintage number.
     
  7. midas1

    midas1 Exalted Member

    I didn't check ebay, I believe it's a proof coin PCGS70
    It's in my SDBx. I'm trying to get existing values
    for my coins.

    Thanks
     
  8. ddddd

    ddddd Member

    You can see the most recent population numbers here:
    https://www.pcgs.com/pop/detail/onza-1981-date/5428
    (Near the top you can switch between MS and Proof, depending on what your Libertad is)

    And here are mintage numbers:
    http://donbailey-mexico.com/libertad_mintages.shtml


    As far as I can tell, there were no proof 1 oz Gold Libertads made in 2012. So your example should be an MS 70. Libertads are popular and older years tend to trade for a premium, especially for the highest grades and low mintage years. There don’t appear to be any recent sales. All I found is one active NGC MS 70 listing with an asking price of $2,082. It’s hard to infer a value for yours, but I think you’d at least get your $1,546 back (not at a local coin store or a typical dealer, but if selling to a specialized dealer or a collector). I would guess for a quick sale, you’d have to price your coin lower than the NGC asking price, but maybe not as some may value the PCGS 70 above an NGC 70.
     
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  9. Garlicus

    Garlicus Debt is dumb, cash is king.

    ‘Easiest’ way to get a value, more or less, would be to go to the SDB, get the cert number, then plus it into PCGS’ verification system. You may then be able to see realized auction prices for those, too.
     
    midas1 likes this.
  10. Garlicus

    Garlicus Debt is dumb, cash is king.

    Here’s what they show for the 2013 regular strike, not proof (no proof sales showing). NGC prices can’t be correct.

    D31BD72E-2232-4E92-A97E-2E4639FE4203.png
     
    Last edited: Jun 19, 2019
    midas1 likes this.
  11. midas1

    midas1 Exalted Member

    Thanks so much for finding some of the coins on the PCGS site. I thought PCGS only tracked US coins. I didn't see 1oz 2012 DCAM PCGS70 coins. I see 2011 & 2013. It shows a population of 60 2012 PCGS70 coins. I remember my coin is one of 57. Wonder if it's DCAM.

    I gotta get mine out of the SDBX and check it.
     
  12. ddddd

    ddddd Member

    The reason you don’t see it is because there were no 2012 1 oz proof coins made. Please see that mintage table link from my earlier post.

    Also, @Garlicus showed a good resource for finding some older sales (including non-eBay when available). The picture however shows sales for the 2013 issue. I looked at the 2012 and it unfortunately had no data. One should also be careful with those results as they sometimes pick up the wrong coins. Make sure to click on the prices, and you’ll usually see a picture or link for what the item was. For example, all the sales that were under $300 were fractional (1/20 and 1/10 oz) gold Libertads (obviously a gold 1 oz would never sell that low given where spot prices are).
     
    midas1 likes this.
  13. midas1

    midas1 Exalted Member

    Rusty,
    I gotta disagree w/ you.
    For example, some years ago, I bought a 1oz AGE MS70
    Later that year I bought 1/10oz, 1/4oz & 1/2oz of the same coin graded MS69. Had I bought all MS70s the set would be worth more. 2011, 25 ASE Anniversary sets are/were worth significantly more if graded MS/PR70 vs lower grades or ungraded. I've got other examples but I'm not going to post based on the information on my spreadsheet. Gotta check the contents of my SDBXs.
     
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"


    Buying graded gold or silver is a good thing to do, IF you can get it for about the same price as an ungraded coin. Having it graded/slabbed helps when it comes time to sell, as it gives it a layer of authenticity.

    I think you answered your own question, So if you can get it for the same
    Price, how is the other guy that paid a huge premium for it plus grading
    Fee,s going to make any money ?? So who is going to be stuck with
    The premium being my question.

    Remember everybody has to make money, from the guy that pulls it out of
    The ground to the guys that pours it, and on down the line, as far as being
    Authentic if you buy from a reputable dealer like JM Bullion this would not
    Be a problem either as they guarente authenticity, and a nap cap
    Holder like one of these work just fine, you dont need a fancy TPG
    Here,s how i store my 1 OZ Gold Coins, simple and basic,



    [​IMG]
     
    midas1 likes this.
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    No worries :) agree to disagree..LOL, but you have to have people willing to
    Take a risk, and hope they get there premium back, i have been in the game
    For awhile and the differences from a gem coin and a 70 only a magnifying
    Glass will give you that, and is it really worth it ? for me the answer is no.
     
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I wanted to add one more comparison, as you can see by my avatar
    I believe in TPG,S as 99% of my MPC collection which is over 500
    Notes is graded but the big difference here is condition for example,
    I will use a couple from my collection to kind of prove a point here

    [​IMG]

    [​IMG]



    [​IMG]


    [​IMG]


    The first note as you can see is a 63 and has a value of about $350 however
    The following note is a 66 and worth about $700, so roughly about double
    It matters allot with paper money.

    However with bullion coins 1 oz is worth 1 oz, it can be dropped from
    The tallest building or come fresh from the mint, is there exceptions
    Sure there are but as a general rule i think this for the most part
    Holds true.
     
    midas1, Tracy62 and slackaction1 like this.
  18. midas1

    midas1 Exalted Member

    The night before I bought this coin there was a beautiful 2012 Libertad DCAM MS70 for not much more than I paid for the MS70. The following evening when I logged on to buy it it was gone.

    Found a bunch of other interesting stuff in the SDBX that I had forgotten
    about.

    2012libertadms70.jpg
     
    Last edited: Jun 20, 2019
    Atarian, mpcusa and Garlicus like this.
  19. Garlicus

    Garlicus Debt is dumb, cash is king.

    PCGS didn’t show any previous sales for that year, or list a value, but I think the ones I showed yesterday for the 2013 would be in line with a value for the 2012.
     
    midas1 likes this.
  20. midas1

    midas1 Exalted Member

    here's one example of a high grade influencing price.
    I've been down this road so many times on Cointalk.
    Some guys have a tough time accepting high grades
    can positively influence the value of coins:
    $1,399.95
    https://shopcsntv.com/2011-25th-annv-silver-eagle-5-coin-set-ngc-70.html

    $640.61
    https://www.jmbullion.com/2011-american-silver-eagle-25-anniversary-5-coin-set/
     
  21. Garlicus

    Garlicus Debt is dumb, cash is king.

    I currently have that (raw) set listed in the for sale section at $565, including shipping, but no takers :(
     
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