Centavos Mexico
Mexican Silver coins?
I have 7 mexican silver coins want to know how much would they give me at a coin dealer or where can i get the most money thank you
1. (1) 1949 Casa De Moneda De Mexico Ley 0.925
2. (1) 1978 Cien Pesos Ley .720
3. (1) 1960 Diez Pesos Ley .900
4.(1) 1944 Un Peso Ley .720
5. (1) 1945 Un Peso Ley .720
6. (1) 1968 Juegos de la olimpiada mexico Ley .720
7. (1) 1945 50 centavos Ley .720
and they all have the ( M) dont know what that means thank you
Unless these are all brilliant luster Mint State condition, all they are worth is the silver in them. Most dealers do not deal in or know foreign coins very well, so they tend to discount them more heavily than they do US silver coins.
I’ll give you the total weight of Pure silver for the lot (the 1949 is exactly one Troy ounce and is routinely traded as a bullion coin), plus what to expect from a dealer offer.
You 3.9645 Troy ounces of pure silver in coins as issued. If they show a good amount of circulation wear, they’ve lost some of their weight. Let’s say 3.9 ounces. At current ‘melt’ price, you have about $160 in silver. If you were to sell it as a single lot on eBay, you might get close to that, and you’d get a little more, maybe $10 or so, if the coins are uncirculated. But you would lose 12% of whatever you get to fees.
A dealer would probably offer $130. Dealers who know the market for foreign silver coins would pay more, because they have buyers looking for them, so they’re not tying up their money. The other dealers are scrapping the coins.
GUARDAR LOS CENTAVOS
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