The Mexican Peso

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The Mexican Peso

Post  AGgressive Metal on Fri Dec 25, 2009 10:39 pm

I don't know whether this is properly in this section or the copper bullion section, but current Mexican 20 and 50 centavo coins are 92% copper and approaching parity (bullion value = face value) if they haven't already. I forget what the 8% remainder is, but I know part of it is aluminum.
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Re: The Mexican Peso

Post  JTM3_RCM on Sat Dec 26, 2009 3:01 am

I'll be sure to keep a look out for those.The coin dealer near by is pretty friendly, maybe I can get I deal. If not, pale then I change my mind about him being friendly! Maybe

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Re: The Mexican Peso

Post  ez_money on Sun Jan 03, 2010 4:39 pm

I had to look it up to double check, but I thought they had a little nickel in them too. 92% copper, 6% aluminum, 2%nickel. These are easily found near any border. Depending on copper price and exchange rates they may be a good copper play in the near future, and of course, no melt ban.

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Re: The Mexican Peso

Post  AGgressive Metal on Sun Jan 03, 2010 4:47 pm

Yeah, I think they will do nicely.

Also, those old cupro-nickel One Pesos from the 70s and 80s are something to look at.
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Re: The Mexican Peso

Post  Pennysaved on Sun Jan 03, 2010 8:14 pm

I actually have found 5 and 10 pesos in the junk bin; luckily, someone I work with has family in Mexico so I am selling them to her at a 10% discount of the converted value

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