Pesos Mexicanos oro + Silver Stack

Enlace a mi tienda en ebid. Iré subiendo más moneditas de mi colección

https://stores.ebid.net/moneditis

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Esta entrada le pertenece a un amigo, que se ha tomado la molestia de grabar el siguiente vídeo. Gracias

Poco que añadir, salvo las páginas del Krause a las que hace referencia Mr. X  😉

Los precios de catálogo no están actualizados, aunque si lo estuvieran siempre es mejor acudir al mercado de abastos metalero para su comprobación y compra/venta.   Por ejemplo   https://www.lavetadeoro.com/   aunque no sólo

Hace 50 años estas monedas de oro tenían un mayor sobrespot / estaban más valoradas

Aquí   https://moneditis.com/2022/02/05/50-pesos-oro-mexico-1944-estudio-conclusion/   estudio sobre 50 pesos mexicanos

Además de los pesos en oro, también los hay de plata…pero esa es otra historia por contar…

P.S. Continuando con el Post Scriptum de la entrada anterior, ahondando en lo que parece una alta demanda de plata por parte de la industria y de los inversores

https://www.zerohedge.com/news/2022-10-28/update-silver-just-getting-warmed-whats-next

«Right now the global bank and regulatory community has much bigger, more important fish to fry than the little old stupid silver market. Ultimately leaders do not care about price, they care about speed of rise and headline risk that conveys they are losing control of financial markets. Therefore true price will be the last thing to reflect value as it will not happen overnight, and shorts will use all their considerable power to slow it. Let them. Ultimately the smart banks will be long; just like you and the government. Structural problems can’t be spoofed away.  The only thing that can stop this eventuality of repriced Silver is another great depression in our opinion.»

keepcalm

«This is about a plateau price for Silver in the $50s with launching pad prices higher over years. This is a revaluation from real necessary global demand, fractured supply chains, and a shortage of good collateral.  It will merely start with a paper short squeeze. This is not AMC or BBBY squeeze that can be printed away. It is a much bigger manifestation of structural deficit. Meme stocks were a warm up of opportunists taking advantage of structural imbalances for short term gains. Silver is a real market. The world just doesn’t know it yet.»

Leyendo los comentarios del enlace anterior encuentro este otro enlace…

https://bagholder.substack.com/p/exposing-fraud-in-the-silver-market

«Please take a deep breath and allow the following two sentences to land:

The market is in backwardation because those of us currently holding physical silver, who are being offered the “risk-free” immediate profits plus interest, do not believe for one second the paper promises to get our silver back in the future will be honored. Simply put, the diamond-handed physical longs are calling the bluff on the paper promises offered by the futures market.

 For decades now, the futures market has dictated the spot price of metals. Those days are coming to an end. Just this past week, one of the country’s biggest bullion dealers (Apmex) started waving yet another Red flag by putting out a standing offer of Spot + $10 on all the Silver Eagles you want to sell them. That’s $30 an ounce for what the futures market is telling you should cost $20. A 50% premium!! Ask yourself, which price of silver is more accurate: the price the futures market tells you it is, or the price offered by the guy with an open checkbook?»

«Bagholder’s years of experience in the silver market lead him to believe the 50% premium on offer will not be anywhere near sufficient to bring enough supply into the market to meet current demand. TPTB are just chumming the waters with that offer. Bag would suggest the 50% premium to spot currently on offer (which was only 20% in March – link below) will soon be 100%, then 200%, and so on…. They could offer $200 an ounce, and it still won’t balance supply & demand.»

https://bagholder.substack.com/p/learn-from-the-titans

«who cares about the nickel market anyway? It’s small potatoes. Yes, that is true, except for the fact a precedent has now been set. Thanks to the default in the nickel market, there is a tried and true mechanism in place for the exchange to deal with the imminent default in the Gold & Silver Markets. Once again, it will be JP (and some other banks) who are on the short side of the trade, this time to the tune of 100’s of billions. They will need some bailing out from the exchange and likely the government as well. Bagholder is sure they will get it, and you paper longs, if you’re lucky…lol… just might get your dollar back.

With all this in mind, here is your nickel’s worth of free advice: If you hold paper gold or paper silver via the LME, CME, SLV, or GLD, these entities have shown you with the nickel market default, who they really are. You could not ask for a clearer illustration. Take heed. You have been warned – get out NOW, and turn it into physical metal. Otherwise, you better lube up, cause there is an industrial size reaming headed your way.»

https://bagholder.substack.com/p/nickels-worth-of-free-advice

Y puedo seguir enlazando y enlazando sobre las bondades de la plata física…peeeero (siempre hay un pero) voy a un comentario del siguiente y último enlace donde se pone en duda el punto de vista mayoritario de este post scriptum

I read the post you published back in 2013 regarding the silver market then…and where we are today. What is the difference in your sentiment from 2013 to today and why do you think this silver shortage is real.

I contacted an online Silver company I have purchased from in the past and asked if I could buy a few dozen 1000oz Silver bars…the rep said sure. I asked for delivery to a depository…he said no problem. I asked if i could do the transfer today…he said I could, provided he wired funds were in their account before the end of the day.

I see the same thing happening in consumer goods. The news says there are shortages all over the country, yet when I go to Costco, BJ’s, Giant and some local produce stores, they are loaded to the gills with inventory and are constantly replenishing.

So, are these shortages imagined, hyped up, created or real? I know unicorns aren’t real, yet its difficult to discern what is real in the real world…is this by design, meant to confuse and obfuscate?

Disinformation is destructive to those looking to make decisions…and verifying is always a must, when the information defies, what one sees with his very own eyes.

Interested in your thoughts…

https://bagholder.substack.com/p/silver-the-ticking-bomb

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Respuestas:

The difference between today & 2013 is the silver shortage is even greater, as evidenced by the continually rising premiums on both sides of the trade. In 2013 the premiums on the ask side had just started to rise, while there was very little increase on the bid side premiums. This tells me they wanted to scare away potential buyers, but still had enough supply coming in they didn’t need to increase their bids. Silver eagles in the 90’s with silver at $5 were bid spot, ask 50 cents over (10% premium to spot)….by 2013 with silver at $22, bid was still spot ask was $5 over (20% premium to spot). Today with silver at $22, bid is spot + $3.50, ask is $8 over (35% premium). Couple important points, 1. the rising bid price, which was not present (or just starting) in 2013 says they are running out of supply. 2. the continually rising ask price, means they do not want people getting long. 3. It is not just eagles, 10 oz bars, 100 oz bars, rounds, 90% – they are all bid strong, and in short supply, guaranteed. ….. As for your rep with the commercial 1000 oz bars, that is the one kind of silver still readily available, as the public does not like them (they are like 70 pounds – i use one as a doorstop) – ask him if he has a 100 monster boxes for sale AND when can you expect delivery, if he does and delivery is immediate, I want his name…… As for shortages in grocery stores, I see some here in Arizona, but I suspect most of it is BS designed to explain away rising prices.

 
 

Thanks…

I did speak to the rep about 100oz bars, which make sense, if redeeming them in smaller quantities is something one decides to do in the future. The price of rounds, either Maple leaf or Eagles is obnoxious…I won’t buy based on principle and principal. I didn’t go any further asking about monster boxes, just because the price point was not reasonable.

100oz bars are more to my liking, although moving a lot of them isn’t.

Are you a buyer in this market? Or do we still have some blood letting to go in the overall markets?

 
 
author
 

Notice how the high prices relative to spot discourage you from getting long… Always a buyer, for the right price….

 
 
Jan 29·edited Jan 29

I am going long on Silver, just not in the retail packaged rounds, which command the higher premium. If those who know something big is coming around the corner in the silver market, not premium is going to deter them from buying. How many times in the past have we heard «this time is different?» Too many…and every time its the same regurgitated crap, year in year out.

I find it interesting how much time has passed between the first article you wrote on Silver, to this last one. Question is…how many more years are we going to wait until the charade in the PM markets is dismantled? The curtains have been pulled back exposing the shenanigans, yet nothing has changed. What ever happened to the Basel III implementation? Wasn’t it supposed to due away with the unallocated position limits which were used to suppress the prices of gold and silver?

This time is no different…at least, not from my perspective. The fact 1000oz bars are still available in volume, tells me the big players aren’t buying. If they were, the supply would be swallowed up by those who are already cornering the market. I can only imagine what 800,000,000 oz of Silver looks like.

Como veis, la evolución en los precios en plata física es lenta pero segura…sobrespot creciente pero el cuándo del cierre del mercado papel es complicao…Habrá que seguir esperando…o no. Que cada cual saque sus propias conclusiones y haga lo que estime oportuno; yo lo tengo claro.

¡Suerte!

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2022 Resolutions II

Enlace a mi tienda en ebid. Iré subiendo más moneditas de mi colección

https://stores.ebid.net/moneditis

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Hoy es 22 de enero de 2022 = 22-01-2022

Сегодня 22 января 2022 года

Today is January 22th 2022 

Siguiendo con los buenos propósitos: «de bien nacido es ser agradecido»…probablemente haya algún otro refrán o frase lapidaria mejor sobre el recuerdo a los muertos, dos (2) en este caso

In memoriam Rafael Tauler Fesser

La casa de subastas pone a disposición de cualquier interesado la obra del finado   https://www.tauleryfau.com/blog/ediciones-tauler/

https://www.stacksbowers.com/Pages/Home.aspx

Fundador de Stack´s and Bower, tiene publicadas por partes sus «memorias» aquí

https://www.stacksbowers.com/News/Pages/Blogs.aspx?category=Harvey%20G.%20Stack%20Remembers

Descansen ambos en Paz

palombologo

https://www.numisbids.com/n.php?p=sale&sid=5289&cid=160826

https://www.numisbids.com/n.php?p=lot&sid=5289&lot=578
Lot 578   Starting price: 200 CHF    Minimum bid: 200 CHF

Espagne
Colonies espagnoles
Lot de Huit exemplaires du 8 réales « Cob » et sept exemplaires du 4 réales « Cob ».
Dates hors flan.
F/VF
 
Siempre me ha parecido curioso, onomatopéyicamente hablando, el nombre de esta casa de subastas…Curiosas «chapas» en Ginebra. Por qué será que ya no me sorprende…ξ
 
Spain had been the dominant European superpower only a century prior to Charles II. It had vast colonies all over the world, a terrifying army and navy, and unimaginable wealth.

https://www.zerohedge.com/geopolitical/imbecile-king-who-put-his-foot-gas-pedal

But history proves that an Empire’s wealth and power never last forever.

And even well before Charles II took the throne, Spanish rulers were already running everything into the ground.

One clear lesson from history is that empires tend to be extremely expensive… especially when you’re the dominant superpower, and all of your rivals are constantly waging war against you.

Spain was no exception. Their empire was extremely expensive to administer, and they were routinely engaged in costly wars.

The emperors were forced to borrow a lot of money to pay for these wars. And Spain’s debt became so vast that the government defaulted at least SEVEN TIMES between the mid 1500s and mid 1600s.

Desperate to make ends meet, the government also hiked taxes to exorbitant levels, including imposing a 14% sales tax. (Somewhere the governor of California is taking notes…)

The government also predictably began rapidly expanding the money supply and debasing its own currency… resulting in one of the worst long-term episodes of inflation in all of human history up to that point.

Spain’s Emperors also began interfering heavily in trade and commerce; they passed rules granting special monopolies to favored businesses, essentially killing off competition, and they inserted extreme government bureaucracy into some of the most important industries like shipping and mining.

It wasn’t long before economic and trade activity began to shrink as a result of these policies.

Between 1600 and 1700, in fact, Spanish shipping volume from the New World had declined by an astonishing 75%.

Part of this decline was because of emerging social trends.

In the early 1400s and early 1500s, the seas were teeming with Spanish explorers– Cortes, Pizarro, de Soto, Ponce de Leon, etc. These men were regarded as national heroes in Spain, and international trade was considered a highly respected industry.

By the mid 1600s, however, trade, commerce, and production had all fallen out of favor. Traders and industrialists were viewed with suspicion instead of esteem.

The economies in cities like Valencia, which had once been famous for its factories and high quality products, quickly decayed. And suddenly Spain found itself importing most of its goods and services from its chief rivals– France, England, and the Netherlands.

Meanwhile the Spanish Inquisition was busy killing off thousands of intellectuals… and condemning tens of thousands more to life imprisonment.

Their crime? Expressing independent thought that differed from the official narrative.

Spain’s message to the world was clear: freedom of thought had no place in the Empire. So anyone capable of innovation stayed as far away as possible.

And as a final point, Spain had suffered a series of embarrassing military defeats from the late 1500s through the mid 1600s, including the Spanish Armada’s humiliating loss to the English in 1588.

Suddenly the rest of Europe realized that Spain was not invincible. The Empire was bankrupt, economically weak, socially decayed. And its military had been embarrassed.

Remember– this was already the situation BEFORE 1665.

And that’s when Charles II took the throne.

In other words, a weak, mentally incompetent fool was put in charge of an Empire that was already in serious decline… and whose chief rivals were rising rapidly.

You don’t need a PhD in European History to figure out how that movie ended: the situation became much worse under Charles II.

And within a few decades, Spain would go on to lose a major war against its rivals that struck the final blow to its dominance.

That’s when the torch was passed, and France became the dominant superpower. Eventually the UK surpassed France, then the United States surpassed the UK.

This cycle has been taking place for more than 5,000 years. Empires rise and fall. Economies rise and fall. And no nation holds the top spot forever.

It’s not hard to understand why.

When an economy is on the rise, people are hungry. They work hard. They save money. They’re focused on the future.

Governments run lean budgets and spend responsibly. They maintain a sound currency.

Once an economy has reached its peak, however, priorities change. Hard work and saving are no longer prized social values. People become more focused on consuming in the present, rather than investing in the future.

Debt levels skyrocket. Government spending balloons. Regulations soar. Prices rise.

Little by little, a nation chips away at the very values and institutions that made them powerful to begin with.

If fiscal responsibility has made the nation wealthy, they begin printing record sums of money, engineering inflation, and taking on mountains of debt.

If capitalism has made the economy prosperous, they cheer socialism.

If personal freedom and self-reliance have created a strong society, they embrace totalitarianism, intolerance, and censorship.

Not to mention, there always seems to be some rival, rising power lurking, ready to take advantage of the situation… and some weak leadership like Charles II who hits the gas pedal on the way towards the precipice.

This story is as old as human civilization. And while the exact circumstances today are different, the themes are very similar.

¡Estos yankees! ¡Haz lo que yo digo pero no lo que yo hago! Dicho, faltaría más, con todo el cariño que siento por Ben Franklin, Carlie «Bird» Parker y Tim Berners-Lee, entre otros, jeje (Tim es british, sorry)

https://leyendomonedasnumismatica.blog/2022/01/08/8-reales-felipe-v-mexico-cliper-klippe/

El Sr. Mike Dunigan señalo en su conferencia “The Great Coin Transition 1732 -1734” (La Gran Transición de la Moneda 1732 – 1734), impartida en octubre del 2019 indica que para 1732 no hubo suficiente capacidad de las prensas para acuñar la demanda de moneda, por lo que las macuquinas continuaron acuñándose a golpe de martillo, a la vez que las Columnarias en prensa, la anterior complicación solo se presentó en las acuñaciones argentíferas, el oro continuó acuñándose de forma redonda, con cordoncillo.

En 1733 la producción de macuquinas se trasladó a prensas, (dejando de ser manual), pero en cospeles aún irregulares, esta vez cuadrados o rectangulares, cortados a tijera, los cuños fueron rediseñados, reduciendo el relieve para troquelar sobre cospeles no redondos, los denominados “klippes” continuaron su producción ese año y hasta el primer trimestre de 1734 y solo en valores de 4 y 8 reales. La transición total a la nueva moneda no se alcanzaría hasta ese último año.

Hasta el 23 de diciembre de 1732 la casa de moneda estuvo en condiciones para poner en circulación la nueva moneda, lo cual fue anunciado ese mismo día por el pregonero de la Ciudad de México.

Adicionalmente, el nombre formal de los klippes es “las cortadas”, fueron las primeras monedas de diseño mexicano, siendo provisionales, de transición, no ordenadas por España. Fueron usados cuños circulares pero cospeles irregulares, de forma rectangular u octagonal, haciéndose en prensas de a volante. Los únicos ensayadores de estas monedas fueron Manuel de León y Francisco Antonio de la Peña y Flores (M y F). Hay klippes perfectamente redondos, pueden llegar a confundirse con los galanos, sin embargo el canto marcará la diferencia.

https://eldatonumismatico.wordpress.com/introduccion-a-las-monedas-columnarias/

En el cambio legislativo de 1732, se indicaba que debía haber dos ensayadores, (en lugar de uno) en las cecas tomando responsabilidad de la ley de las monedas. Se tardó un tiempo en adoptar esta medida y por eso, en 1733 aparecen 8 reales con marca de ensayador F (Francisco de la Peña) y con marca MF (Manuel de León y Francisco de la Peña).  https://www.imperio-numismatico.com/t149345p50-real-de-a-8-columnario-1734-ceca-de-mexico

Puntos a tener en cuenta en estas piezas

1) Estas piezas, presentan en principio alineación Medalla (reverso coincidente).

2) Los Clipers/Klippes son en principio, uniformes en grosor. Los rieles que dieron lugar a estas piezas fueron laminados a maquina (Rodillos).

3) Los cospeles fueron recortados manualmente (cizallas). El canto es liso consecuencia del recorte manual.

4) En estas piezas, no es difícil encontrar marcas incusas por choque de cuños sin cospel. Repintada/INCUSA por choque de Cuños sin cospel.

https://leyendomonedasnumismatica.blog/

Interesante lectura sobre los 8 reales klippe/clíper. El blog, de reciente creación, se centra en acuñaciones de gran módulo y específicamente reales de a ocho, hasta el momento

https://www.numisbids.com/n.php?p=lot&sid=5318&lot=1608
Lot 160   Starting price: 250 EUR     Current bid: 310 EUR

(163)5. Felipe IV. Sevilla. R. 8 reales. (AC. 1648). Flan grande. Acuñación descuidada, pero ejemplar atractivo. Ex Áureo & Calicó 04/07/2019, nº 265. Muy escasa así. 27,21 g. MBC
Estimate: 400 EUR
 
Aquí una búsqueda en el archivo de sixbid de 8 reales 1635 Sevilla; sólo Aureo & Calicó
https://www.sixbid-coin-archive.com/#/en/search?text=8%20reales%201635%20sevilla
https://www.numisbids.com/n.php?p=lot&sid=5318&lot=1607
Lot 1607   Starting price: 200 EUR    Current bid: 255 EUR

(1661-1662). Felipe IV. Segovia. B. 8 reales. (AC. 1584). Mismas leyendas en anverso y reverso. Grieta. Ex Colección Isabel de Trastámara 25/05/2017, nº 696. Muy rara. 25,93 g. BC+.
Estimate: 350 EUR
 
Yo no la compraría…aunque provenga de la colección Isabel de Trastámara. Hay rarezas que me incitan a prevenir antes que curar, pero cada cual sabrá, faltaría más
 
 
7
 
Porque no sólo de moneditas vive el coleccionista. Primero, el libro y, a ser posible, el mentor o quien nos acompañe en esta aventura. Son ya míticas las subastas de Kolbe & Fanning   https://www.numislit.com/
 
8
 
Del anterior libro (Busschers) no tengo ninguna información / detalle. Este (Calbeto) está ampliamente superado  aunque sigue siendo usado por algunas casas de subasta como referencia para 8 reales
 
https://enciclopediadenotafilia.es/

Y con esta pedazo de enciclopedia, 7 volúmenes y 300 euritos, termino por hoy. Buen fin de semana.

P.S. Documental sobre la Flota de Indias