Are Libertads losing popularity in Australia?

Discussion in 'Silver Coins' started by SpacePete, Jul 27, 2015.

  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Its quite rare to see Libertads for sale by Australian dealers any more, especially fractional Libertads. For a while, PerthBullion was supplying fractionals, but now about the only Libertads around are 1 ounce, and even those don't seem to come up for sale on the forum very often in Australia.

    So what do Aussies think of Libertads? Do people simply not care much about them any more? Or are they losing popularity because no one is selling them?
     
    SpacePete, Jul 27, 2015
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  2. Revils

    Revils Well-Known Member Silver Stacker

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    I think a lot of people like them, but also like local bullion.
     
    Revils, Jul 27, 2015
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  3. Arsenal

    Arsenal New Member

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    I like them but we are spoilt for choice with perth mint products especially lunars of which some appreciate like no others.

    I would buy liberatads if they sold them more here.
     
    Arsenal, Jul 27, 2015
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  4. Fat Freddy

    Fat Freddy New Member

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    Demand having exhausted supply isn't really a sign of diminishing popularity.
     
    Fat Freddy, Jul 27, 2015
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  5. db23

    db23 Member

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    I don't believe the problem is that the interest in Libertads from Australians is decreasing, the real problem is that it's increasing everywhere even while the mintages have decreased. Since there are no direct distributors for Mexico in Australia, the coins are not going to be as common as they are in countries where there are direct distributors. The Australian dealers that are able to get them are most certainly buying them from one of Mexico's official distributors, thus their supply is limited to what they can buy from this distributor.
     
    db23, Jul 27, 2015
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  6. Altima

    Altima Well-Known Member Silver Stacker

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    Didn't know libertads were popular in Australia to begin with. Though the craze was always in the US. :p
     
    Altima, Jul 27, 2015
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  7. thatguy

    thatguy Active Member

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    like em, but once you have a couple (1oz, 2oz, 5oz, KG (any year will do)) you've got all you need. Lunars on the other hand :D
     
    thatguy, Jul 27, 2015
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  8. goldpelican

    goldpelican Administrator Staff Member

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    Generally this is the case. Libertad supplies out of Mexico are problematic to begin with, and it impacts what's available at the distributors for redistribution. Often they're just put into the "too hard" basket to source because of ongoing unavailability, and the annual volumes sold are miniscule compared to ASEs, SMLs, even Pandas.
     
    goldpelican, Jul 27, 2015
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  9. Gatito Bandito

    Gatito Bandito Active Member

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    Throw in BU's & proofs, and agreed..


    I still grab a couple 1-oz BU Libertads every year, though.
     
    Gatito Bandito, Jul 27, 2015
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  10. Fat Freddy

    Fat Freddy New Member

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    Well... at least they (hopefully) won't be covered with milk spots.
    Think about upping your game and buying into one of those boxed proof sets, though.
    Those things have a level of class that transcends the BU's and they're are addictive.
     
    Fat Freddy, Jul 27, 2015
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  11. Shippeevt

    Shippeevt Member

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    Well maybe we should start importing them. I can get you any of the sizes for this year in BU...
     
    Shippeevt, Jul 27, 2015
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  12. o-to

    o-to Member

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    Getting 1oz BU is absolutely no problem at all here in France. Every dcent online shop offers it. More expensive than Philarmonics, Maple Leafs and Armenians. Around the same premium as ASE, maybe a little bit more.
     
    o-to, Jul 27, 2015
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