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 Replies: 11 / Views: 9,320 |
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Pillar of the Community
Canada
1177 Posts |
*** Edited by Staff to clarify topic title. Titles are important! ***i just picked up these 8 coins, from 1968 mexico olympics, can anyone tell me if they're silver, and how much  
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Pillar of the Community
United States
1391 Posts |
For the bottom coin here is that stats:
Composition: Silver
Fineness: .72
Face value: 25 Pesos
ASW: .5209
Now the other ones I am not sure about. It is hard to tell in the plastic. Maybe somebody with more knowledge of Mexican coins will chime in. Some of them look much older than the 1968 Olympics.
Edited by allranger
07/25/2012 6:15 pm
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Pillar of the Community
Australia
3831 Posts |
I don't like the looks of all of them to be honest. Worst case scenario is that they are all fakes. Need better photos to start out with. Hopefully that's not the case.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Pillar of the Community
United States
1801 Posts |
They are all fakes. These are common fakes found at garage sales and weekend swap meets. Most of them will probably stick to a magnet (silver does not) but they are also found in different cheap metals. The 1882 Zs 8 Reales in the top left corner of the photo is a known fake that has been discussed on this forum on many occasions. I hope you didn't pay very much good money for this bad money.
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Moderator
 United States
6563 Posts |
I agree
In almost all cases when this wide of a selection of "silver" coins are sold as a package then they were all made by the same overseas counterfeiter
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Pillar of the Community
United States
1391 Posts |
So the 1968 Olympic coin is commonly counterfeited too? I guess I had better check mine. I am a little less cautious with more modern coins.
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Pillar of the Community
Canada
3692 Posts |
I'm always on red alert when I see coins in plastic like that. Most likely they are Chinese and not Mexican. Download yourself a Krause book (or better yet, buy one) so that you can identify what they were trying to represent. In the plastic they cannot be acid tested nor weighed and that's the idea. Run a magnet over these babies and if they stick you'd better not pass them along to regain your losses. Simply think of it as an expensive lesson. That Un Peso looks highly suspect. Think of it like this: why would a coin of .900+ fineness have the same color as the .720 fine coin? Oh, and check out the edges on the 8 Reales coin because if they look like the rest of the coins then you know what's up.
Edited by Libertad
07/26/2012 10:48 am
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Pillar of the Community
 Canada
1177 Posts |
good thing I paid 1$ a coin, year they're all FAKE
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Valued Member
United States
110 Posts |
Did you determine they were fake from the magnet test?
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Pillar of the Community
Australia
3831 Posts |
1 dollar per coin is still too much. The cost of producing one of those coins is closer to 10-30 cents. You are giving them too much profit.
The only way to stamp out counterfeits completely is to bluntly refuse to buy any - no demand, no supply. Pointless to chase after those who counterfeit because it never ends.
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Pillar of the Community
Canada
1177 Posts |
i didn't know they're fake when I got them, he found them in an old comic book box, I knew if they're real they're silver but obviously he didn't know that
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Pillar of the Community
Australia
3831 Posts |
I don't think you got my first message - they didn't even look like silver to start off with.
Just to put it this way, if you think you outsmarted the person who sold them to you, I'm sure it was the other way around. Chances are if the deals are too good to be true, it will come back to bite you.
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Replies: 11 / Views: 9,320 |
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Posted 07/25/2012 9:37 pm
