1953 Cinco Pesos- Silver Coin- Hodalgo

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Author	Replies: 3 / Views: 1,289
Camrdaddy19 Valued Member United States 109 Posts	Posted 06/26/2022 03:02 am I bought this coin for $10 off a guy I didn't know at a "gathering" I tried looking it up but got a lot of different numbers. The guy at the coin shop offered me $13(melt value)...I don't know that I want to sell it and I'm not Spanish whatsoever. but I think it's a pretty cool coin. Was it worth the $10? Report this Post to the Staff

mrwhatisit Pillar of the Community United States 2953 Posts	Posted 06/26/2022 07:25 am I think 10 dollars was a great price to buy this coin, as retail on yours averages around $25.00. I see very light wear so not quite uncirculated to me still puts this in the 20-22 dollar range to me, so you did good Report this Post to the Staff
commems CCF Master Historian of USA Commemoratives United States 12259 Posts	Posted 06/26/2022 07:33 am The coin has 20.0 grams of silver (27.78 x 0.720) which at today's spot price is worth ~$13.60 melt. So, no matter condition, a $10 purchase price was a good deal. It appears to be an attractive, lightly-circulated coin - it's likely worth about $25-$30 retail; maybe more based on condition (an accurate grade assessment would require in hand inspection). Collecting history one coin or medal at a time! (c) commems. All rights reserved. Edited by commems 06/26/2022 07:34 am Report this Post to the Staff
Camrdaddy19 Valued Member United States 109 Posts	Posted 06/26/2022 2:30 pm Sweet! Good news! Thanks for the info yall! Report this Post to the Staff
	Replies: 3 / Views: 1,289

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