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1940 Mexico Silver Un Peso

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Author Previous TopicReplies: 8 / Views: 8,562Next Topic  
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Jaobler's Avatar
United States
6385 Posts
 Posted 03/14/2011  02:14 am Show Profile   Bookmark this topic Add Jaobler to your friends list Get a Link to this Message Number of Subscribers
I found a dealer who hadn't increased his prices on his slow-moving silver coins and this coin was mine for just $5. It has a very nice original look and no problems that I see. According to Wikipedia it is 72% silver with a total silver content of 12 grams; does that sound correct?

With the remaining luster and sharp detail I'd call it AU-50 based on my US coin grading standards. How would you all grade it?

1940-Mexico-Silver-Un-Peso

1940-Mexico-Silver-Un-Peso
Valued Member
United States
451 Posts
 Posted 03/14/2011  02:29 am  Show Profile   Bookmark this reply Add brokencompass to your friends list Get a Link to this Reply
Very good Buy Jaobler! It is definitely better than a EF-45, might clock a AU 50 too.
Valued Member
United States
451 Posts
 Posted 03/14/2011  02:30 am  Show Profile   Bookmark this reply Add brokencompass to your friends list Get a Link to this Reply
You also got it for way below melt. More like 50% below melt. you gotta give me information about this coin dealer :)
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nlp coins's Avatar
United States
2373 Posts
 Posted 03/14/2011  10:02 am  Show Profile   Bookmark this reply Add nlp coins to your friends list Get a Link to this Reply
That one definitely has some character. Easily in the AU category. nlp
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Libertad's Avatar
Canada
3692 Posts
 Posted 03/14/2011  10:21 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I'll take it off your hands for $6! :D
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harrison2's Avatar
Mexico
1304 Posts
 Posted 03/14/2011  10:24 am  Show Profile   Bookmark this reply Add harrison2 to your friends list Get a Link to this Reply
Nice buy and yes, that looks like the real McCoy and the numbers sound right. Enjoy!
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Bilboleslie's Avatar
United States
137 Posts
 Posted 03/14/2011  10:44 pm  Show Profile   Bookmark this reply Add Bilboleslie to your friends list Get a Link to this Reply
I've always liked that peso. Nice find.
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Jaobler's Avatar
United States
6385 Posts
 Posted 03/15/2011  12:07 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply

Quote:
you gotta give me information about this coin dealer

That pond is fished out. The gentleman also had a 1953 Cinco Pesos coin in AU (27-7/9 grams of 0.720 silver) and a 1956 Diez Pesos in XF (28.888 grams of 0.900 silver) which cost me $5 and $4, respectively. That was the end of this silver hoard.
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RealPeso's Avatar
United States
426 Posts
 Posted 03/19/2011  04:02 am  Show Profile   Bookmark this reply Add RealPeso to your friends list Get a Link to this Reply
Awesome deals! That's the way to go, I always focus on Mexican silver when I go to coin shows and shops. The odds of picking something up at less then melt prices are good.
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