Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Why do Mexico's Libertad 1 oz coins sell higher than others?
>
Reply to Thread
Message:
<p>[QUOTE="iPen, post: 2275322, member: 69760"]But seriously... why?</p><p><br /></p><p>Currency exchanges may have a slight impact, but it doesn't explain the drastic difference between the US dollar and the Peso. If you just look at the supply and demand figures between those two nations, it appears clear cut. However, include some of the other major 1 oz silver round issuing nations into the mix, and the data gets more confounded. I suspect that the supply of Mexico's Libertad is being artificially restricted.</p><p><br /></p><p><br /></p><p>For the 1 oz 0.999 silver rounds, the mintage (for all mint locations) & lowest eBay buy it now price by a major coin dealer are as follows:</p><p><br /></p><p>- Canada Maple Leaf: <b>29,245,000 | $20.25</b></p><p>- Australia Kangaroo: **<b>N/A | $20.50</b></p><p>- Great Britain Britannia: *<b>1,000,000 | $20.69</b></p><p>- US ASE: *<b>44,006,000 | $20.75</b></p><p>- Mexico Libertad: <b>903,000 | $24.02</b></p><p><b><br /></b></p><p><b><br /></b></p><p><font size="3">*2014 figure since 2015 data is not yet available</font></p><p><font size="3">**Recent mintage info is not readily/easily available; though the Perth Mint advertises an unlimited mintage, the available info from 2011 suggests that the mintage for any single coin type has never met or exceeded 1,000,000. Advertised as 0.9999 silver purity.</font>[/QUOTE]</p><p><br /></p>
[QUOTE="iPen, post: 2275322, member: 69760"]But seriously... why? Currency exchanges may have a slight impact, but it doesn't explain the drastic difference between the US dollar and the Peso. If you just look at the supply and demand figures between those two nations, it appears clear cut. However, include some of the other major 1 oz silver round issuing nations into the mix, and the data gets more confounded. I suspect that the supply of Mexico's Libertad is being artificially restricted. For the 1 oz 0.999 silver rounds, the mintage (for all mint locations) & lowest eBay buy it now price by a major coin dealer are as follows: - Canada Maple Leaf: [B]29,245,000 | $20.25[/B] - Australia Kangaroo: **[B]N/A | $20.50[/B] - Great Britain Britannia: *[B]1,000,000 | $20.69[/B] - US ASE: *[B]44,006,000 | $20.75[/B] - Mexico Libertad: [B]903,000 | $24.02 [/B] [SIZE=3]*2014 figure since 2015 data is not yet available **Recent mintage info is not readily/easily available; though the Perth Mint advertises an unlimited mintage, the available info from 2011 suggests that the mintage for any single coin type has never met or exceeded 1,000,000. Advertised as 0.9999 silver purity.[/SIZE][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
Why do Mexico's Libertad 1 oz coins sell higher than others?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...