stackermatt
New Member
I am considering purchasing 2015 Kilo Libertads for a multi year investment hold. Please share any experience or thoughts you may have. If not Libertads, which Kilo coins would you purchase?
Libertad 2015 Kilo for investment?
- Thread starter stackermatt
- Start date
Topherclaus
Active Member
I have a couple of the kilo Koalas. They're quite nice I reckon. If you're after premiums then, as the Baron said, your 1oz coins would be a better option. If you're just after a nice investment under the assumption silver is going up then the coins aren't a bad thing to have. Just don't have that as your only PM investment is my advice.
mmissinglink
Active Member
Libertads seem to be gaining popularity among collectors and stackers in general.
Kilo Libertads are fine. Go for it.
Be careful of the distinction between the bullion version and the limited edition "Proof-Like" (often referred to as "PL") version. Mintages for the PL version are generally considerably less than for the BU version. The higher premium for the PL version is due to the higher cost of production for this product plus the significantly lower mintage.
BEWARE: Some sellers on eBay are actually packing bullion version kilo Libertads in the PL version OGP wooden boxes with the possible intent to deceive potential buyers.
Here are some examples of what I mean. I would not buy any coins from these sellers as they are engaging in what I call deceitful selling practices even though coyly there is some disclosure by one of these sellers that the coins themselves are NOT the PL version:
http://www.ebay.com/itm/RARE-1-KILO...955550?hash=item2a6c33b95e:g:2dYAAOSw~oFXJgeS
http://www.ebay.com/itm/1-KILO-Silv...792572?hash=item2caf7d687c:g:mNsAAOSwT5tWQiez
http://www.ebay.com/itm/1-KILO-Silv...074353?hash=item2cae3203b1:g:7PUAAOSwu-BWQh6J
The PL version looks different than the bullion (BU = Bullion or Brilliant Uncirculated) version. The PL version has a reverse proof finish.....fields are a normal low sheen bullion finish while the raised areas are very reflective (mirror shiny as if they've been polished by hand.)
The BU version is entirely low sheen.
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Kilo Libertads are fine. Go for it.
Be careful of the distinction between the bullion version and the limited edition "Proof-Like" (often referred to as "PL") version. Mintages for the PL version are generally considerably less than for the BU version. The higher premium for the PL version is due to the higher cost of production for this product plus the significantly lower mintage.
BEWARE: Some sellers on eBay are actually packing bullion version kilo Libertads in the PL version OGP wooden boxes with the possible intent to deceive potential buyers.
Here are some examples of what I mean. I would not buy any coins from these sellers as they are engaging in what I call deceitful selling practices even though coyly there is some disclosure by one of these sellers that the coins themselves are NOT the PL version:
http://www.ebay.com/itm/RARE-1-KILO...955550?hash=item2a6c33b95e:g:2dYAAOSw~oFXJgeS
http://www.ebay.com/itm/1-KILO-Silv...792572?hash=item2caf7d687c:g:mNsAAOSwT5tWQiez
http://www.ebay.com/itm/1-KILO-Silv...074353?hash=item2cae3203b1:g:7PUAAOSwu-BWQh6J
The PL version looks different than the bullion (BU = Bullion or Brilliant Uncirculated) version. The PL version has a reverse proof finish.....fields are a normal low sheen bullion finish while the raised areas are very reflective (mirror shiny as if they've been polished by hand.)
The BU version is entirely low sheen.
.
magickookaburraride
New Member
You don't ever lose the premium you paid to acquire a recent release Kilo Libertad, and they just go up after that...no brainer BUY.
Gullintanni
Well-Known Member
What an incredibly silly bit of nonsense.magickookaburraride said:
depends what country you live in, market for libs in Australia is terrible.
I have never bothered with them, even though I think the design is stunning.
If you're after something that appreciates with age then pay a bit more and get 1oz semi numismatic coins ( lunars, kooks or pandas).
I have never bothered with them, even though I think the design is stunning.
If you're after something that appreciates with age then pay a bit more and get 1oz semi numismatic coins ( lunars, kooks or pandas).
mmissinglink
Active Member
Aureus said:
That's because many Aussies don't know what is a good coin and what isn't. :lol:
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Pirocco
Well-Known Member
"Investment" (I would call it saving but that's just me) works only if the buying price is lower than selling price (adjusted for price risings of the stuff you saved for).
Silvers price hangs now around $20. $6-7 of that is due to futures contracts, which have now the highest net total amount, a peak on a term of at least 2 decades.
The question now is, which question is most important here: which silver product to buy or which silver price to pay?
Silvers price hangs now around $20. $6-7 of that is due to futures contracts, which have now the highest net total amount, a peak on a term of at least 2 decades.
The question now is, which question is most important here: which silver product to buy or which silver price to pay?
mmissinglink
Active Member
Pirocco said:"Investment" (I would call it saving but that's just me) works only if the buying price is lower than selling price (adjusted for price risings of the stuff you saved for).
Silvers price hangs now around $20. $6-7 of that is due to futures contracts, which have now the highest net total amount, a peak on a term of at least 2 decades.
The question now is, which question is most important here: which silver product to buy or which silver price to pay?
That's always been the question for many of us.....not just at this moment.
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mmissinglink
Active Member
Aureus said:
I was teasing.
My first bullion coin purchases back when I put on a stacker hat was Lunar series 2 silver bullion coins. The quality of this series is extraordinary for a bullion coin....they have the quality of a numismatic coin. I started off by buying 2008 Lunar Mouses....still my favorite coin of the series.
I didn't fall for Libertads until at least a year later.
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mmissinglink said:
I know but there's a little bit of truth to it as well. There seems to be a stigma attached to libs and philharmonics and I have never understood it. Quality design and finish on both, yet incredibly unpopular - people would rather buy trashy generic bullion or milk spotted maples before giving them the time of day.
mmissinglink
Active Member
I think among American stackers, Libertads are relatively popular....but I'm not sure Phils are. I am not a fan of Phils, though I have a few....just not impressed with the design or the finish. I am not so keen on that nickel look for silver. It's the same reason I am not a fan much of the regular Britannia bullion coin.
To each their own I suppose.
I really like the reverse proof look of the Lunar series, the kook, and Koala. I also do like the finish of the bullion ASE...it's just too bad that the ASE design just never changes....way too boring. Thirty years....that's a long enough run on one design. It's time for a change US Mint!
Or, give us a 10 ounce or kilo ASE . Now that would be a hit among stackers I think.
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To each their own I suppose.
I really like the reverse proof look of the Lunar series, the kook, and Koala. I also do like the finish of the bullion ASE...it's just too bad that the ASE design just never changes....way too boring. Thirty years....that's a long enough run on one design. It's time for a change US Mint!
Or, give us a 10 ounce or kilo ASE . Now that would be a hit among stackers I think.
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I think Liberatds are my favorite "bullion" coins (I put in quotes as some sizes are more semi-numi). I like Lunars and I even bought few. Design is changing, which is good, but Queen is boring for me. Liberatds didn't change much, but design is incredible.
I think Philharmonics are more popular in central Europe.
I think Philharmonics are more popular in central Europe.