History of the Silver Libertad
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- เผยแพร่เมื่อ 15 ต.ค. 2024
- Please tune-in as I discuss the history of the Mexico Silver Libertad. From its inception in 1982 to the present it remains one of the more sought after silver bullion coins.
#Silver #StackingSilver #Libertad
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*I am not a financial advisor. This channel and its videos are for the sole purpose of entertainment. The Stacking Kat channel is not responsible for the decisions made by individuals who view its content.
Thank-you for Watching
Lol I just bought a 1985 for $50. I liked it a lot and couldn't resist. To be fair I didn't find them almost anywhere for much less if not more.
My grandpa on my mom’s side was born in Mexico City. His family moved to south Texas when he was a boy. Mexican coins have always been special to me. I have one of all three types as well as many other Mexican coins. Thanks for a great video.
Been waiting for the 2020 LIbertade forever.
I like the Libertad too! I only have a couple 1982 and 2020.
Thanks for doing the history of my favorite coin. Father Hidalgo is the "Father of the Mexican Revolution" and his remains are interred at the base of that statue in Mexico City. Gorgeous coin! Can't wait for the 2020.
I knew they held him in deep reverence, but was unaware of the burial site. Thanks for the info. The wait for the 2020's has been lonnnng.
Actually, Miguel Hidalgo is the father of Mexican Independence. He was one of the people who started the whole independence movement. The Mexican Revolution came 100 years later in 1910. But his remains are indeed at the base of the Angel of Independence statue, along with the remains of others who completed the Independence movement.
Thank you for the informational video. Always enjoy learning something new. I hope you are well. 😊🎶
Epic. Vid. The good ole days
In Mexico’s Federal Law (Ley Monetaria Federal) the 2nd. Article Bis, gives gold & silver Coins minted by BANCO DE MEXICO (Casa de Moneda is its institution for coinages) legal value like circulating pesos bills at the Exchange rate in international markets. Conditions:
. Minted by Casa de Moneda (Banxico)
. No nominal value printed in the coin. That’s why Libertas are better than the “Centenario” family.
. Has to have the purity of the metal ex: .999 gold/silver as Libertad. And the total weight in the coin 1oz or xx grs....
Hope find this informative. God bless. 👍
I like the Libertad as well. Lived in Mexico for a couple of years so they are some of my favorite coins.
If you happen to go across the border into Mexico, you will definitely find a Banco Azteca. Some consider it to be a phony bank, or a bank for the poor or low-middle class. One of its largest shareholders is Hugo Salinas Price, perhaps the biggest proponent of monetizing silver in Mexico since the 90s.
The branches you´ll find might look strange at first because they are very small impenetrable booths always located inside a home appliances store called Elektra, also property of Salinas Price. But, I consider it to be one of the richest banks in the country because they usually always have ounces on existence, and no other large commercial bank that I know of deals with so much physical silver.
You can purchase only 1 OZ Libertads with cash, are guaranteed to come directly from the Central Bank of Mexico, always inside a capsule, and in an acceptable condition... but the downside is that you'll get whatever year they have available, and they don't let you really check them. You are expected to just pay for them and leave.
I may be biased, but in my opinion some of the "poorest" or low-middle class people in Mexico have more physical ounces in their possession today than any other group, if you believe in categories. My point is that a major and unexpected shift in wealth will be seen in Mexico. The few smart people will not be so "poor" after all.
"I am silver and exact. I have no preconceptions."
- Mirror, by Sylvia Plath
Thank you Stacking Kat. Great info. Will be waiting for the 2020.
Love the Libertads... especially the older ones, the luster on those are just amazing!! And I like the lettered edges too.
Of all 4 types of Libertads, Type I is my fav! - Type 1 1982 All caps ONZA, lettered edging, and a front facing Angel, one coat of arms on obverse
Type 2 1991-1995 they wrote OnZa, and and the edge was reeded, one coat of arms
Type 3 1996-1999 Larger coin, and the angel was moved to more of a side view,
Type 4 2000-present Multi coat of arms
I agree. The type 1 is by far the best. The edge lettering is the key for me.
@@StackingKat I'm rewatching alot of your older video awesome bundle of knowledge. 🤓🤙🏼
Thank-you. I appreciate the support.
The platinum libertad is my dream coin
Platinum Libertad would be nice!!
Yesssssss
Great video my friend.
Can confirm that you can buy and sell Libertads in Mexican banks. Was there a few months ago and bought a couple at Banco Azteca -- the other banks might not always have them
True! I live in Mexico. But the only bank you can buy & sell (only the 1 oz. silver Libertad coin) easily is Banco Azteca, the other it’s almost impossible.
Great video bro! Plenty of Thoughtfull and usefull information here!! Ive been watching your weekly online deals videos and didnt know you went this deep... awesome content, keep it coming👍🏼👍🏼
Thank-you for Watching.
Learned a lot. Thanks very much.
Great informative video @Stacking Kat!
I have a 1985 Silver Libertad. I just ordered a 1982 Silver Libertad. Hopefully I'll have it next week. I'm trying to collect all of the years.
Those are my favorites. The 1982-87.
Those are not “previous coat of arms”. Those are the different states in Mexico.
great content! I am not much into foreign coins, but I may pick a few of these up!
great info. thanks.
I really like the Libertads, thanks for sharing!
Thankyou for Watching.
Very cool coin. Nice video.
nice coins. interesting information.
My favorite silver coin too! 🤙🏼
my fav also. but looking like we might get em at the end of the month.
Awesome video
They're one of my favorite coins
Very informative video. I live thousands of miles from Mexico but still find the Libertads my favorite coins due to their beautiful, well-struck designs. I was able to snag a few denominations from Monument Metals recently. What I found interesting is how you pointed out which side is the obverse and which side is the reverse. This is totally opposite of what I expected. Who determined this? If so, I find it interesting that when you shop for coins, whether online vendors, feeBay, social networking groups, everyone posts the obverse of the coins, no matter the country. Now you're effectively saying that the Libertad's reverse is always the one being depicted in photos? Looking at the coin, everything seems to point to the opposite of what you're stating, which I feel you must have learned from doing deeper research. Thanks again.
💯
I love Libertads, they are the breast coins ever!
🤣
How'd I miss this comment! Classic.
You should always hold any coin or medal only by the edge. Even if you are wearing gloves (which is a bad idea because they make it hard to grip the coin).
You will be fine with any kind of gloves,bare hand is always a no no even on the edges…so anything g protecting your hands is better than using your hands “hands down” 😂
I haven’t gotten into libertads yet but they look like nice coins. I feel like they aren’t as popular here but I could be wrong lol
They've become hard to find. Most of mine have come from coin shows or shops. Sometimes the online sites will have random year deals, but there just aren't that many available. Thank-you for Watching.
Beauties 👍
I never order from ebay until now I pre-ordered some 2020 libertads from mexicancoinbroker it says he is an official distributor for the mexican mint . Also I preordered from ISPMEX fyi.
Thanks for the info. I'll definitely check it out.
2020. J&M Bullion today
Nice. I'll be sure to check it out. Thanks for the info.
@@StackingKat you're welcome. Thanks for the video.
Coleccionistas Soto Monedas de Alemania saludos 🪙👌
Negative, the value of libertads is not based on silver price, is based on libertad price. Which is higher than 1 ounce of silver price. I have sold and bought libertads at the banks in Mexico.
Now, that obviously doesn't mean that the price of silver doesn't affect the price of the libertad, it absolutely does. When silver price is down the coin will lose value and gain value when it goes up. But it's value backed by the banks and the government is always slightly above the silver value for it.
This is the reason why people sell libertads to the bank instead of selling them anywhere else as just silver. Plus, old libertads have more value, those get sold as libertads in the regular market.
Love me the Libertad, but I am actually starting to doubt they will release 2020 version. It’s been delayed 5x (I think because of COVID). I went to their mint website but my ability to translate info their is poor. If we have a member of the silver community who is fluent in Spanish, maybe they can check it and report back here. There is also a “contact us” form on their website, but again, we need someone fluent in Espanol to do the inquiry
ycart tosey in Mexico?
An Ebay seller has had a pre-sale for a long time, but I'm a little iffy on that. They're going to be a hot item, that's for sure. The 2020 Eagles as well. Thank-you for Watching.
@@PreppingWithSarge Hey Sarge! Check out J & M Bullion now.
The 2020 Libertad is taking foreverrrrr. 😩
I feel ya. Thank-you for Watching.
Dude, you completely missed the 96-99 design,,,,,,,!
Do you know what the differences are?
@@StackingKat Old front, new style back. at first you think someone screwed up making a fake.
now you gotta make a new video highlighting those little guys.
Libertads !!!!!! but i am not buying for this price :)
The premiums on these have exploded higher than anything over the past 6-8 months. Especially on the online sites.