The Mexican Peso
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The Mexican Peso
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.
AGgressive Metal- Posts : 133
Join date : 2009-12-22
Re: The Mexican Peso
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, then I change my mind about him being friendly! Maybe
JTM3_RCM- Posts : 34
Join date : 2009-12-22
Location : Loudoun County, Virginia
Re: The Mexican Peso
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.
ez_money- Posts : 2
Join date : 2010-01-03
Re: The Mexican Peso
Yeah, I think they will do nicely.
Also, those old cupro-nickel One Pesos from the 70s and 80s are something to look at.
Also, those old cupro-nickel One Pesos from the 70s and 80s are something to look at.
AGgressive Metal- Posts : 133
Join date : 2009-12-22
Re: The Mexican Peso
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
Pennysaved- Posts : 66
Join date : 2009-12-22
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