This may be a controversial topic but probably worth bringing up. The Mexican Mint may have laid an ugly leg when (if actually confirmed as true) they radically adjusted the mintage of Libertads for the 2025 year. For unexplained reasons as far as I can tell, they cancelled gold Libertads of all types for the year and then SEVERELY limited the output of silver Libertads: For the mainstay bullion 1 onza, they initially limited mintage to 300 pieces, and this a coin with mintages generally 1-2+ million!!! And fairly widely collected at that. The mintages of the 2 and 5 onza bullion uncirculated pieces were (??) possibly restricted at only 200 pieces, with some of the fractional at only 100 pieces. Reason for the drastic mintage limits? Well, supposedly there was a surfeit of 2023 and 2024 pieces so they limited production - but why mint ANY at all??? They then upped the supposed mintage of the 1 onza bullion by 60% to 500 pieces, still a very limited number but IMHO suspicious given what the coins have been selling for - around 2,500 USD upwards to 10k and more! Hmmmmmm...... Then they did mostly an hatchet job on the proof and reverse proof coins: No proof 1 onza coins struck 300 (I think) of the proof 2 onza 400 of the proof 5 onza 1900 of the reverse proof 1 onza 300 proof 2 onza 600 of the reverse proof 5 onza So the proof and rev. proof mintages do not seem to be tied to obvious logic either. The mint has no problem selling 4-10,000 of the ordinary proofs and perhaps half that of the rev. proofs. Why cut the mintages, mostly, of the proof coins? In the 2020 era, mintages of 1,000 were issued of several of these and so they are not "keys". Anyway, prices are obscene but as I have a complete run of bullion 5 onzas dating back to the first year of 1996, I got one of the 2025 bullion unc. coins (after shopping and being patient) and then because I have all of the rev. proof onzas of all denominations, I got the rev. proof 5 onza, but not yet the proof or rev. proof 2025 1 onza. Here they are, bullion and reverse proof 2025 Libertad 5 onza:
I can't she's any knowledge on why they did this with the mintage. I will say, those reverse proof libertads are beautiful!
Yep crazy idea for Mexico not to mint any gold, not sure what happened, prices are insane for the silver reverse proofs on the bay though!
