Melt value of Mexican Coins

Forum for discussing any topic related to investing in, collecting, converting, using, and saving world coins.

Melt value of Mexican Coins

Postby Derek.Sheriff » Wed Oct 27, 2010 1:49 am

I know coinflation.com will have a Mexican coin page at some point. Until then, does anyone know if there are any Mexican coins in circulation that have a melt value higher than their face value like the US pre-1982 penny? Thanks!
User avatar
Derek.Sheriff
Penny Collector Member
 
Posts: 375
Joined: Wed Oct 27, 2010 1:42 am

Re: Melt value of Mexican Coins

Postby Country » Wed Oct 27, 2010 7:25 am

Currently circulating Mexico reform coinage:

5c - 1.6g stainless steel
10c - 2.03g stainless steel
20c - Aluminum-bronze
50c - Aluminum-bronze
Peso (new) - stainless steel ring around Aluminum-bronze center 3.95g

Older copper coinage that exceeded melt value I have heard has been removed from circulation.

Except for a stray coin, I don't think there is much left of value anymore.
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. ~Chief Seattle, 1855
User avatar
Country
Realcent Moderator
 
Posts: 7688
Joined: Mon Mar 23, 2009 3:00 pm
Location: Virginia, USA

Re: Melt value of Mexican Coins

Postby Derek.Sheriff » Wed Oct 27, 2010 9:53 am

Thanks Country! My fantasy was that maybe there was some Mexican coin out there still in circulation with at least the core or the ring made of pure copper or nickel. A man can dream can't he?
User avatar
Derek.Sheriff
Penny Collector Member
 
Posts: 375
Joined: Wed Oct 27, 2010 1:42 am

Re: Melt value of Mexican Coins

Postby AGgressive Metal » Wed Oct 27, 2010 1:00 pm

The 50 centavo is 92% Cu. I sold about 10 pounds or so to the Copper Cave (can't remember exactly how many) and they were listed there until they sold out. They are a good thing to accumulate if you can find them in large amounts.

You can see the old listing here: http://www.sushob.com/copper/index.php? ... ductId=290
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
-Aesop's Fables, Caxton edition 1484

http://stores.ebay.com/commonwealthcurrency
http://www.ebay.com/usr/pdx_metal
User avatar
AGgressive Metal
Realcent Moderator
 
Posts: 5922
Joined: Sat Dec 13, 2008 10:00 am
Location: Portland


Return to World Coin Collecting & Numismatics

Who is online

Users browsing this forum: No registered users and 4 guests