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Latest Pickups - Mexico

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patrick's Avatar
United States
560 Posts
 Posted 01/27/2012  6:07 pm Show Profile   Bookmark this topic Add patrick to your friends list Get a Link to this Message Number of Subscribers
A new bullion place opened up about 20 minutes away and I stopped in earlier to check out their junk silver. I got these for about 5% over spot. I'm pretty excited about them and wanted to share. A couple milestones for my collection: my first 8 Real and my oldest coin to date, 1739!


If anyone know the denomination of the small no date coin, that would be great.

Latest-Pickups---Mexico

Latest-Pickups---Mexico

Latest-Pickups---Mexico

Latest-Pickups---Mexico
Valued Member
ZiggyZ's Avatar
United States
162 Posts
 Posted 01/27/2012  6:34 pm  Show Profile   Bookmark this reply Add ZiggyZ to your friends list Get a Link to this Reply
Wow, that's a great deal. By bullion shop do you mean one of those cash for gold places that are everywhere, or something else?
Pillar of the Community
patrick's Avatar
United States
560 Posts
 Posted 01/27/2012  6:59 pm  Show Profile   Bookmark this reply Add patrick to your friends list Get a Link to this Reply
Ziggy,
It was one of those cash for gold/silver places. It's a real rip off to those who come looking to sell (don't get me started on that) but their focus on melt value means that you can get some nice coins for melt.
Pillar of the Community
Apollo's Avatar
Canada
1610 Posts
 Posted 01/27/2012  9:21 pm  Show Profile   Bookmark this reply Add Apollo to your friends list Get a Link to this Reply
Wow, the 1739 is really nice!
Valued Member
ZiggyZ's Avatar
United States
162 Posts
 Posted 01/27/2012  10:25 pm  Show Profile   Bookmark this reply Add ZiggyZ to your friends list Get a Link to this Reply
I'd never thought of those as places to buy coins, as all their marketing is aimed at buying, not selling. I'll have to start checking them out, though I somehow doubt I'll find anything as nice as these!
Pillar of the Community
MathieuMa's Avatar
France
1591 Posts
 Posted 01/28/2012  03:59 am  Show Profile   Bookmark this reply Add MathieuMa to your friends list Get a Link to this Reply
The old 2 reales alone is worth around 50 USD.
The 8 reales, around 40 ?

It's a nice deal you had here - I never saw any of those shops selling, at least in Paris.
They know coins and usually sell them to collectors, so they get excellent deals (buy for weight, resell for numismatic value when it's worth it)
Valued Member
CowboyB's Avatar
United States
110 Posts
 Posted 01/28/2012  06:27 am  Show Profile   Bookmark this reply Add CowboyB to your friends list Get a Link to this Reply
I had one of those cash 4 Gold shops open near me too. When they were new I was able to buy morgans at or just over spot but they wised up and now want 10% over spot. I quit going.

Edit: Patrick....You got a good deal on those Mexican coins! Buy ,more if you can.
Edited by CowboyB
01/28/2012 06:29 am
Previously Banned Member
coinvet's Avatar
107 Posts
 Posted 01/31/2012  11:42 am  Show Profile   Bookmark this reply Add coinvet to your friends list Get a Link to this Reply
Nice coins for a bargain ... that can make any collector's day.
Pillar of the Community
United States
684 Posts
 Posted 02/01/2012  10:56 am  Show Profile   Bookmark this reply Add Westwood Arms to your friends list Get a Link to this Reply
Based on the ratio of the diameter to the 8R, the small no date coin is a Mexico 1/2 Real 1825-69.
Previously Banned Member
coinvet's Avatar
107 Posts
 Posted 02/01/2012  12:32 pm  Show Profile   Bookmark this reply Add coinvet to your friends list Get a Link to this Reply
You really got a great deal. I will check out some of those places. I hope I can get som enice coins for 5% or 10% over spot price.
Pillar of the Community
colonialjohn's Avatar
United States
1757 Posts
 Posted 02/06/2012  3:00 pm  Show Profile   Bookmark this reply Add colonialjohn to your friends list Get a Link to this Reply
They all look good just by appearance. This type of toning does resemble good silver. All original toning. Silver when heavily toned goes from brown to sometimes BLACK in its most oxidized form. Brown is good. So is black - but can be a turn-off to some collectors. Keep this place a secret!
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