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Old 12-04-2012, 12:12 PM   #1
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Libertad Currency

Is the Mexican Libertad actually currency in Mexico? Or is it just a "round"?
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Old 12-04-2012, 12:53 PM   #2
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Looking here:
http://www.pmbug.com/forum/f3/hugo-s...ize-silver-85/

and here:
http://en.wikipedia.org/wiki/Libertad_(coin)

I do not think the Libertad circulates as currency in Mexico.

Looking here:
http://www.apmex.com/Product/70000/2...n_Capsule.aspx

I do not see any denomination other than ounces on the coin itself.
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Old 12-04-2012, 01:07 PM   #3
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It probably is legal tender

The same way an ASE is. It's minted by the gub'ment, it's got a denomination, so it's legal tender. You could theoretically spend it on a Big Mac at Mickey D's. Of course, that would be the Mount Rushmore of stupid, but you could do it.
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Old 12-04-2012, 01:25 PM   #4
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I have one oled Libertad and it is simply a government issued bullion round. They are pretty cool, and since I bought it exclusively for that reason, I keep it on display rather than locked up in the dark. Sometimes I simply 'want' a certain round so i buy one. those with higher premiums I usually avoid, but I do like to have at least one of each major issue bullion coin. Part of it is just for fun and part of it is silver OCD.
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Old 12-04-2012, 01:51 PM   #5
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I looked it up in Wikipedia (y'know, they can't print it on the internet unless it's the truth) and the Libertad (of today, anyway) is not "legal tender" in Meheeco. Shoulda done that before wasting yalls time.
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Old 12-04-2012, 04:52 PM   #6
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Originally Posted by ancona View Post:
Sometimes I simply 'want' a certain round so i buy one.
I do that, too. I bought a Britannia and a Philharmonic cause I thought they looked nice.
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Old 12-04-2012, 06:28 PM   #7
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Originally Posted by Cybrsk8r View Post:
I do that, too. I bought a Britannia and a Philharmonic cause I thought they looked nice.
I bought an actual piece of eight (8 reales) from the late 1700's, and it got lost in the mail. The ONLY time I've ever had anything lost in the mail. The dealer had me fill out some paperwork and sent the equivalent in silver, but I wanted that coin! I did buy some pandas a while back, cause they were way cool.

I've never bought a bar before... hmmmmm....
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Old 12-05-2012, 06:43 AM   #8
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Originally Posted by Jay View Post:
I did buy some pandas a while back, cause they were way cool.
Yea, I think Pandas look good. But I think the fact that it's from China and I don't think there's anything the Chinese won't counterfeit would stop me from buying one. Maybe the only way to make sure it's all silver would be to drill a hole in it, thereby destroying it's value (as a coin anyway).
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Old 12-05-2012, 01:52 PM   #9
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Originally Posted by Cybrsk8r View Post:
Yea, I think Pandas look good. But I think the fact that it's from China and I don't think there's anything the Chinese won't counterfeit would stop me from buying one. Maybe the only way to make sure it's all silver would be to drill a hole in it, thereby destroying it's value (as a coin anyway).
I think it was 2004 when I bought the pandas, before the counterfeit thing became cool. Unfortunately, they were in the boat when it sank, so I can't look at them to check the date....
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Old 12-06-2012, 12:10 PM   #10
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I like the Libertad and they can be had in different size/weights, too. I'm currently buying the occasional Scottsdale rounds in different sizes also. I know the price is almost double for the less than ozt, but I predict silver to go through the roof one of these days (probably sooner than later) and I feel pretty confident I'll recoup my investment.
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Old 12-06-2012, 12:11 PM   #11
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China - No way. The last thing I want to do is support them, plus, they counterfiet everything.
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Old 12-06-2012, 12:37 PM   #12
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Originally Posted by Mark View Post:
China - No way. The last thing I want to do is support them, plus, they counterfiet everything.
kinda like gold plated tungsten bars, huh?
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