We've all been there
I wanted to tell a story that we can all relate too that happened recently. I had a rare instance where I wasn't paying attention and got caught flat footed, and now I probably paid a lot more than I should. About two months ago the 2019 Antiqued silver Libertads were released, and they sold out without me even knowing about the release until it was too late. So naturally I was kicking myself for not being on top of things, and after scouring the interwebs I couldn't find anything anywhere. A few weeks later I was killing some time at work and saw the 1 oz version online, graded NGC MS 70. The bank just happened to be right across the street so I sped over with the intention of seeing if I could afford it or not. (It's my play money account so it's not overflowing with cash). Well, I ended up ordering the coin in the parking lot before I ever went into the bank. I know we can all identify with that right! Lol. A little backstory as to the urgency...last year was the first year that Mexico made silver Libertads in an antique finish. The 1 oz had a mintage of 40,000, which is by far the lowest mintage non-proof silver coin. The 2 oz and 5 oz coins had a mintage of 2,000 each. Well this year they threw us a serious curve ball. The 2 oz and 5 oz coins had their mintage reduced to 1,000. The real kicker is that the 1 oz went from 40,000 last year to 1,000 this year! That's 2.5% of the mintage from last year. I would say it's a true rarity in the Libertad series. I ended up paying $170, likely way more than I should have if I had been paying attention from the start. But to me it's well worth it, except for the fact that I have a lot less dry powder now! Haha.
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