2014 Libertad Proof 7 coin set limited 250 sets

thats weird - because i haven't seen chatter anywhere else but here about it. i just did a google search for this set as well and the only hits i'm getting are 2013 5 coin sets

 

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It's all over kitco and another forum I'm a member of.

 

Does anyone know the total mintage of each of these coins for 2014? What is the cost if you buy them separately?

 

here are the mintages from last year

1/10 Oz. Silver Libertad 2013, Proof 4,100

1/2 Oz. Silver Libertad 2013, Proof 3,000

1/20 Oz. Silver Libertad 2013, Proof 4,200

1/4 Oz. Silver Libertad 2013, Proof 3,200

1 Oz. Silver Libertad 2013, Proof 9,100

2 Oz. Silver Libertad 2013, Proof 1,300

5 Oz. Silver Libertad 2013, Proof 1,600

All of these are VERY low, especially the 2 and 5 oz.

 

Wow, these mintages are quite low. If these mintages stay the same or decrease in 2014, these sets will likely appreciate in value.

 

on ebay this is how the prices for last year are breaking down

5oz - $200-$240
2oz - $100-$120
1oz, 1/2oz and 1/4oz packed together - $90
1/10oz and 1/20oz - about $10 each

total $400 - $460 - these prices do not include shipping

this sounds like a decent deal - worse case scenerio is you break up the set and sell individually if you are looking to flip

 

Basically more nonsense lol, time will tell.

 

My check just cleared with them...... Yes, I'm soooo cheap that I refused to pay the extra % to go via Paypal. But I've been sweating the sell-out.
This actually looks like a really exciting set, not only is it the 1st 7 coin Libertad set ever produced, the mintage/production run is insanely low. These coins won't be overlooked for much longer and as demand starts to grow everyone must realize that only 250 people will be able to own one of these sets. As such they should be susceptible to price increases through market manipulation. Those of us who are looking to sell would be wise to set the price high in the secondary market.... Even "Choice Bullion" increased their base price to $500 now. This should be fun!

 

I was more then happy to pay the pp fee since I hadn't dealt with them before but I am starting to feel really good about this set. According to Choice Bullion they are almost sold out but who really knows.

 

Looks like we've reached sell-out! They've stopped taking orders and now display "Temporarily Out Of Stock" on the page.

 

I just saw that too makes me smile

 

yeah - it should be a big hit. it only took them 10 days to sell out of the 250 sets

 

And considering how unpublicized the sale was, that's really saying something! Nobody even knew these existed, if the set had been advertised anywhere I bet they would have flown out the door. I really believe this was a backdoor, word of mouth only thing. What an honor to get in on it! They may only be popular with bullion hounds and Libertad lovers right now, but there are just over 122,730,000 people estimated to live in Mexico as of 2014, talk about untapped market potential. OK,Ok, I'm not being very "realistic", but I'm really excited about this set!

 

We received an email from a customer pointing us to this site. They were concerned about this post indicating that the set they purchased may not be an official set and was created by a third party.

Please allow me to clear the speculation up. This absolutely is an official set.
Banco de Mexico will issue the Certificate of Authenticity for this set just like they do the 5 coin set. This will be issued in a wood box similar to the one they use for the 5 coin set but their box maker has redesigned it to also fit the 2oz and 5oz coins.

 

This is exactly why the PayPal option is available.

To answer your question, the sets as of today are about 90% sold out, there are fewer than 30 of the entire 250 still available.

 

Website says "Available Again!"...

 

Worldmintnews blog had an article about the 2014 silver Libertads (proof and BU) yesterday.

 

I'm not sure how to feel about the article above. Seems like though the mintage is only 250 that they will sell all the coins separately to.

 

Right now, you can pre-buy the same coins for $345.00 shipped, so it is up to you to decide if the box and paper are worth the extra $150.00.

 

Thank you for the visit and the post, but it only clears up half of my uncertainty on this subject. While Banco de Mexico is apparently endorsing these sets, it still seems a third party (Pat Stovall of Lois & Don Bailey and Son Numismatic Services) is "officially" assembling and marketing them.

When I buy a set, I prefer buying government mint products, as in those where everything from A-Z is done by the mint. I do not like third party products, especially those where someone takes government coinage and packages them up into special collectors' sets. (TPG's also fall into this category, especially with their various special designations, which are nothing more than marketing hype) Again, I'm still not sure that's exactly what is happening with these sets, I'm just speculating.

Maybe this is just how things are done in Mexico with Banco de Mexico producing coins and their "official distributors" doing the packaging and marketing for collectors.

I suppose another important nugget of information (IMHO) would be whose idea was it to create these sets? Banco de Mexico's or Pat Stovall's? If it's the former and they essentially contracted with Pat Stovall to assemble the sets, then that's one thing. If it's the latter and he received permission from Banco de Mexico to sell them, then that's certainly less appealing to me.