Gold Latin Monetary Union coins

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  • čas přidán 11. 07. 2020
  • Hello, Welcome to my channel!
    I am a semi-retired coin dealer and entrepreneur aiming to educate people on investing in gold and silver one video at a time :D I put out videos on physical investments, investment trends and also give my views on buying and selling
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Komentáře • 34

  • @shaunoliver1703
    @shaunoliver1703  Před 4 lety +1

    There will be a follow up video about the LMU that I am working on.

  • @RogersMgmtGroup
    @RogersMgmtGroup Před 3 lety +1

    Pickupes up a few over the years but these are hard to find at Canadian and US dealers I’ve checked. They are so interesting and I love that I can handle them, unlike modern Maples etc we want to keep fingerprints off and which are softer and more prone to damage.

    • @shaunoliver1703
      @shaunoliver1703  Před 3 lety

      A lot of people dont like the fact I handle my coins but the reality is they have been handled many many times over. These coins have real history and I will buy most world coins if I can buy for the right price.

  • @metalicminer6231
    @metalicminer6231 Před 4 lety +1

    Fascinating, great to learn something new, those are very nice coins.

  • @lusostacker6452
    @lusostacker6452 Před 4 lety +1

    Very interesting, keep it going! The Rooster and Helvetia are my favs

    • @shaunoliver1703
      @shaunoliver1703  Před 4 lety +1

      Thank you - Both are solid designs. Cant go wrong with the swiss miss.

  • @maxtravers1314
    @maxtravers1314 Před 8 měsíci +1

    Another big problem was the relative value of silver to gold fluctuated, and the union was actually formed right before the end of a period of silver having high relative value; when the value plummeted, the minting of silver coins became so unprofitable that the union had to stop minting silver coins all together

  • @coinstruck6079
    @coinstruck6079 Před 4 lety +2

    Thanks an interesting video, did not know about the LMU. Lovely coins. Will be interesting to see how the Belgian grades, it was a beauty.

    • @shaunoliver1703
      @shaunoliver1703  Před 4 lety

      Id say 66 and up but I have a bad track record for trading I wont lie.

  • @ganapatihegde1024
    @ganapatihegde1024 Před 3 lety +1

    Excellent collection! I always love your vlogs. This inspires me to start my vintage European gold coins. I am planning to get the French Rooster first.

  • @MilledSteel
    @MilledSteel Před 4 lety +1

    Yeah, France brought back sound money with Napoleon I. And he conquered most of Italy, so they were making similar format coins, even Italian coins with his image for a time.

    • @shaunoliver1703
      @shaunoliver1703  Před 4 lety

      Its not a part of history that I have covered myself, I am trying to bring myself up to speed on coin History but its very vast!

    • @MilledSteel
      @MilledSteel Před 4 lety

      Shaun Oliver I’m no expert myself, but I can see much that was spreading within the French Empire. You’ve probably read “Fiat Inflation in France” by Andrew White -A treasure of knowledge from that time and in general. Light reading and free copyright.😄

  • @Gravs.88
    @Gravs.88 Před 4 lety +1

    Very interesting video. With the current parallels between the lmu and the eu, its shows agaim how history always repeats itself.

    • @shaunoliver1703
      @shaunoliver1703  Před 4 lety +1

      There are certainly issues that keep coming up. Funny how Italians havnt changed in terms of their spending habits. I wonder if cultural habits like this stay the same for all nations.

    • @Gravs.88
      @Gravs.88 Před 4 lety

      Interesting point. I think major events happen that shape a nations habits. For instance. The average German house hold is supposed have 100gs of gold stashed away. A direct result of the weimar infection. Maybe nothing so foul has befallen the Italians.... or at least in living memory?

    • @shaunoliver1703
      @shaunoliver1703  Před 4 lety +1

      @@Gravs.88 Id be happy to look into it. Truth is I dont know.

    • @Gravs.88
      @Gravs.88 Před 4 lety

      An interesting subject for sure 👍

  • @ollumpollum8128
    @ollumpollum8128 Před 4 lety +2

    Those are my favorite coins. Many other countrys produced coins with the same specifications. There are more than 60 different ones if i remember right. About 54 different types in my latest video. Looking forward to your follow up video.

    • @shaunoliver1703
      @shaunoliver1703  Před 4 lety

      I learn something new most days when dealing with coins, I didnt know it stretched that far but I am not shocked as I knew Latin America adopted some of the practices.

  • @andreg3912
    @andreg3912 Před 4 lety +1

    Great video I love the gold coins of the LMU, they are great for collecting and stacking. My favorite size are the 20 Francs coins.

    • @shaunoliver1703
      @shaunoliver1703  Před 4 lety

      They are often overlooked in the UK, Im not sure why as they can be bought for reasonable prices. There is a fascinating history behind them that again is overlooked.

  • @clsingles4443
    @clsingles4443 Před 4 lety +1

    Best design for me is the French Rooster. Maryanne looks cute and the rooster is a good size to see. How many other countries have a Rooster on their coin ? I would probably like the Angel better if the Angel was larger to see but then you would need a bigger coin, California Tax and no more coin shows has caught up to me on purchases these days though I would like some close to spot 2 peso pieces in my pocket.

    • @shaunoliver1703
      @shaunoliver1703  Před 4 lety

      I like the Rooster myself, prefer the Angel but I wouldnt down a good Rooster, as for how many other coins I dont know on that one lol. I keep hearing of California Tax law, sounds like a massive government con! As for the 2 peso coin I sell for around 10 pound over spot and Im still the cheapest (that I know of) in the UK, I pay over spot for mine myself.

  • @aipacsucks
    @aipacsucks Před 4 lety +1

    Very interesting, and the coins are gorgeous! It's nice to have some examples of the "originals". Having been taught Latin by the Jesuits, I still flinch whenever I hear or see the word! LOL.. I'm waiting for my first Mexican 2.5 pesos coin and it has a lot of history that I'm looking forward to learning about. It has the bust of a Jesuit - taught priest, Miguel Hidalgo, (leader of the Mexican revolution) on the obverse. Those pesky Jesuits started a lot of trouble when they weren't terrifying students who were lazy - like moi! In Castro's biography he proudly declared, "Everything I am I owe to the Jesuits!" LOL...

    • @shaunoliver1703
      @shaunoliver1703  Před 4 lety +1

      LOL - Youve lived an interesting life :D

    • @aipacsucks
      @aipacsucks Před 4 lety +1

      @@shaunoliver1703 When you get as old as I am, you can edit out the non-interesting stuff and still have plenty to share. LOL...

    • @shaunoliver1703
      @shaunoliver1703  Před 4 lety +1

      @@aipacsucks LMAO, I heard you were mid 20s :D

    • @aipacsucks
      @aipacsucks Před 4 lety

      @@shaunoliver1703 Let's start a Numismatic Revolution! We'll make coin roll brass knuckles to start! Swinging with a Sovereign!