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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
 Posted - 10/05/2009 : 20:18:20
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In addition to collecting/hoarding UK and the Dominion’s bronze coins, I also do the same with Mexican bronze. I found a government publication from 1905 that indicated the early coins at that time were the usual recipe for bronze. 95% Cu, 4% Sn, 1% Zn. I have yet to find anything that would indicate if that had changed with the later coins.
These coins are quite prevalent in “junk boxes”. If one could get these at melt or acquire them in bulk by the pound, I feel these are as good as any to hoard for the Cu.
The MV’s are with Cu at $2.69 as of 10-05-09.
1905 thru ’49 1 Centavo. 3 grams. MV of 1.7¢
1905 thru ’41 2 Centavo. 6 grams. MV of 3.3¢
1914 thru ’35 5 Centavo. 9 grams. MV of 5¢
1942 thru ’55 5 Centavo. 6.5 grams. MV of 3.6¢
1919 thru ’35 10 Centavo. 12 grams. MV of 6.7¢
1955 thru ’67 10 Centavo. 5.5 grams. MV of 3.1¢
1920 and 1935 20 Centavo. 15 grams. MV of 8.4¢
1943 thru ’74 20 Centavo. 9.9 grams. MV of 5.5¢
1955 thru ’59 50 Centavo. 14 grams. MV of 7.8¢
The pics with the black backgrounds are from the You must be logged in to see this link.
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Edited by - Bluegill on 10/05/2009 20:19:46 |
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Dumpster Diver
Penny Collector Member
USA
474 Posts |
Posted - 10/05/2009 : 21:20:13
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| This is a great resource...Thanks for the info Bluegill! |
"You're not really gonna throw that out...are you"? |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/06/2009 : 02:37:06
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| I've got a few of the "1943 thru ’74 20 Centavo. 9.9 grams. MV of 5.5¢". Not sure where to find enough to make them worth melting. Great info - thanks. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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chris6084
Penny Collector Member
303 Posts |
Posted - 10/06/2009 : 09:57:08
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| Most mexican money I find is more recent year pesos. Most often I would make a profit if I simply exchanged for dollars, so I hold on to them. I have found 10 Peso coins in nickel rolls. Being in south Texas, it is not uncommon to find mexican money. I just don't think a currency exchange place would be happy with me trying to convert a bag of change. |
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PennySaved
1000+ Penny Miser Member
USA
1720 Posts |
Posted - 10/06/2009 : 12:12:54
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| Would you be able to travel into Mexico and go to a bank there and pick up coins to sort? |
SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson |
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chris6084
Penny Collector Member
303 Posts |
Posted - 10/07/2009 : 09:43:40
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quote:
Originally posted by PennySaved
Would you be able to travel into Mexico and go to a bank there and pick up coins to sort?
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I am not so close that I could casually go any time, I would have to make a day trip out of it. Plus, now you need a passport to drive over, and I don't have mine yet. I may try it once to see if the percentages would justify getting them.
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 10/07/2009 : 12:01:03
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quote:
Originally posted by PennySaved
Would you be able to travel into Mexico and go to a bank there and pick up coins to sort?
None of the coins listed are still legal tender or in circulation.
Here are the current issue notes and coins: You must be logged in to see this link. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
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2old
Penny Pincher Member
188 Posts |
Posted - 10/07/2009 : 12:24:38
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quote:
Originally posted by PennySaved
Would you be able to travel into Mexico and go to a bank there and pick up coins to sort?
I have never brought back any coins to sort. Banks are a bit different there. First you will likely find a Federally on top of the bank above the front door with a M-1, at gas stations you may find an individual with a sawed off pump shotgun wandering around, but usually a friendly fellow. The tellers seem to have little patience for those who do not speak Spanish well. I really never thought of bringing much back other than the current currency and coin. But, next time I will give it a try. I am the fellow who took 6 rolls of quarters to Las Vegas, like the would not have any when I got there.
If Bluegill wants to sell these, I would be interested.
____________________________
Everyone wants to go tho Heaven, but nobody wants to die.
If Bluegill wants to sell these, I would be interested. |
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JobIII
1000+ Penny Miser Member
USA
1507 Posts |
Posted - 10/07/2009 : 13:23:49
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| Good Luck! Hope you don't become a drug cartel statistic. |
Selling Copper cents. $0 FV available at 1.4xFV. Also interested in trading for wheat pennies and other coins Please pm me for requests or inquiries.
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2old
Penny Pincher Member
188 Posts |
Posted - 10/07/2009 : 13:39:24
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| Most of Mexico is much safer than Chicago. |
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2old
Penny Pincher Member
188 Posts |
Posted - 10/07/2009 : 13:56:38
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| Doing the math it looks like you could make about $4.00 off every 100 peso coin?? |
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barrytrot
Administrator
USA
721 Posts |
Posted - 10/07/2009 : 14:08:39
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Yes, but as Agressive pointed out these coins aren't readily available any more.
Japan actually sent boats to Mexico a few years ago and literally loaded them up with copper coinage!
Also, Mexico is not as safe as Chicago. |
Edited by - barrytrot on 10/07/2009 14:09:11 |
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2old
Penny Pincher Member
188 Posts |
Posted - 10/07/2009 : 14:43:32
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| You may want to recheck your thinking. The link aggressive sent clearly shows a 100 peso coin being in circulation. with a sterling, center core 2. After about six trips to Mexico and the same to Chicago, I would prefer to walk in a Mexican park any day rather than the downtown park in Chicago. Plus the panhandlers in downtown Chicago offer more of a threat than the poor old ladies looking for a handout in Mexico. I could be wrong about the silver value of the 100 peso coin THAT IS IN CIRCULATION, but I am sure of the other two issues. You can look at Aggressive link and let me know what the value is, I am sure you are the authority on that as well as many other subjects. |
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barrytrot
Administrator
USA
721 Posts |
Posted - 10/07/2009 : 15:04:25
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The 100 peso coin is not widely circulated. I have an uncle who is a missionary in Mexico and also a coin collector.
I had the idea to drain off all of their "good" coinage a year ago and went through it with him in detail.
Bottom line: It is difficult to get the 100 peso coins. |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 10/07/2009 : 15:56:30
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quote:
Originally posted by AGgressive Metal
quote:
Originally posted by PennySaved
Would you be able to travel into Mexico and go to a bank there and pick up coins to sort?
None of the coins listed are still legal tender or in circulation.
Here are the current issue notes and coins: You must be logged in to see this link.
Correct. These coins have been demonetized. With the intro of the "Nuevo Peso" (New Peso), in '93 the old peso became worthless. 1 New Peso = 1000 old Pesos.
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chris6084
Penny Collector Member
303 Posts |
Posted - 10/07/2009 : 18:16:34
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quote:
Originally posted by Bluegill
quote:
Originally posted by AGgressive Metal
quote:
Originally posted by PennySaved
Would you be able to travel into Mexico and go to a bank there and pick up coins to sort?
None of the coins listed are still legal tender or in circulation.
Here are the current issue notes and coins: You must be logged in to see this link.
Correct. These coins have been demonetized. With the intro of the "Nuevo Peso" (New Peso), in '93 the old peso became worthless. 1 New Peso = 1000 old Pesos.
Well that sucks, I have a 50 Peso coin, but it is the old Pesos. I did not know those were worthless. I was pretty happy when I found that in a quarter roll. |
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barrytrot
Administrator
USA
721 Posts |
Posted - 10/07/2009 : 18:38:55
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quote:
Originally posted by 2old
You may want to recheck your thinking. The link aggressive sent clearly shows a 100 peso coin being in circulation. with a sterling, center core 2. After about six trips to Mexico and the same to Chicago, I would prefer to walk in a Mexican park any day rather than the downtown park in Chicago. Plus the panhandlers in downtown Chicago offer more of a threat than the poor old ladies looking for a handout in Mexico. I could be wrong about the silver value of the 100 peso coin THAT IS IN CIRCULATION, but I am sure of the other two issues. You can look at Aggressive link and let me know what the value is, I am sure you are the authority on that as well as many other subjects.
You must be logged in to see this link.
has a better link than Aggressive's. The 100 peso and a couple others are "commemerative issues", i.e. not circulating (or at least not meant to be).
Also, I thank you for thinking that I am an authority on many subjects  |
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mj2322
New Member
20 Posts |
Posted - 10/20/2009 : 07:29:35
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| Hello. Along with the copper old Mexican coins, I also have many Ni/Cu old Mexican coins. The coin catalogs just say Ni/Cu, and I was wondering where I might find the exact percentage of make up for these coins. Such as 75/25. Thankyou much. |
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dakota1955
1000+ Penny Miser Member
2212 Posts |
Posted - 10/20/2009 : 07:53:10
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| Last week I found two 20 centavos in a bag of halves. One was 1952 and a 54. based on the date the 52 is worth more than mv. it is worth about $3.00. The other problem is that I paid 50 each because they were counted as a half. |
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mj2322
New Member
20 Posts |
Posted - 10/20/2009 : 10:01:17
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| Also, Bluegill, are you figureing 90% cu on these or something else. I have not found info on these either other than they are bronze. 90%? 75%? other? |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 10/20/2009 : 16:00:49
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quote:
Originally posted by mj2322
Also, Bluegill, are you figureing 90% cu on these or something else. I have not found info on these either other than they are bronze. 90%? 75%? other?
Read the 2nd sentence of the first post of this thread... 
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mj2322
New Member
20 Posts |
Posted - 10/20/2009 : 16:21:49
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| LOL I feel silly. Thankyou. Have you found any info on the composition of Ni/Cu coins from Mexico? Thank again. |
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AFModell
Penny Sorter Member
USA
82 Posts |
Posted - 10/20/2009 : 20:28:38
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I dont think I will go to chicago or mexico. Juarez is up to 1900 murdered for the year. Juarez is El Paso's sister city.
Are there any other good copper coins to hunt from other currencies in circulation? Or has everyone moved to steel and zinc? Bluegill might have stumbled onto something. I know Canada is about all tapped out thanks to a few certain fellas.... |
A penny saved is...TWO pennies earned! |
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mj2322
New Member
20 Posts |
Posted - 10/21/2009 : 11:27:48
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| We go to Acuna all the time when we go fishing at Amistad( Del Rio) Not as bad as the news makes it out to be. Juarez on the other hand is a different story. |
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n/a
deleted
478 Posts |
Posted - 10/21/2009 : 20:44:49
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I was in Costa Rica in the late 1990's. I have a bunch of these huge coins from my trip there. Not sure of the metal content but they were pretty heavy.
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 10/22/2009 : 01:41:31
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quote:
Originally posted by CuproNickle
I was in Costa Rica in the late 1990's. I have a bunch of these huge coins from my trip there. Not sure of the metal content but they were pretty heavy.
Looks like various types of plated steel according to this site:
You must be logged in to see this link. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Mexican Copper
Forum Locked
