Okay so I bought 100 .100 fine Mexican Un Peso Coins for $100 flat? Burried?

TexasNationals

Was this a mistake? They are all UNC/BU and have 1.6 g. of silver in each at a $1 each how hosed am I?

OPA

You did good...bought about $150 worth of silver based on todays spot for $100.

Wingsrule

There are 31.1 grams in a troy oz, so if silver is at $31.10, one gram equals $1.00 in silver.

So it looks like you paid a buck for about $1.50 worth of Ag.

vibr0nic

<< <i>There are 31.1 grams in a troy oz, so if silver is at $31.10, one gram equals $1.00 in silver.

So it looks like you paid a buck for about $1.50 worth of Ag. >>



He bought 100 x 1.6 g each. That's 160 g or 5.14 ozt pure. At current spot, that's roughly $150. Sounds like $100 was a good deal.

57loaded

you buried whom ever you bought them from.

now go back and make it right! NOT!!!!!

Bochiman

On paper, you did fine. Depends on when it comes time to sell.
Are they harder to sell than other forms? For instance, a 40% Kennedy half may be "worth" a certain price for its silver content, but one usually has to settle for a bit less since most don't want to deal with anything less than 90%.

Baley

that was my thought too bochi

if 40% and war nickels are the ugly stepsister of silver bullion, what does that make 10%?

old maid with warts, cellulite, and a big goiter, maybe that's why the discount for doing the seller a favor

BigE

I think its a good deal, now you have something to buy a burger with when SHTF. Lets see pics! That is, if you have a macro lens----------------BigE

mrpotatoheadd

<< <i>You did good...bought about $150 worth of silver based on todays spot for $100. >>

There may be $150 in silver in them, but not many people will pay anywhere near melt for them.

ricko

If you were selling, you would do well to break even. Cheers, RickO

gsa1fan

<< <i>that was my thought too bochi

if 40% and war nickels are the ugly stepsister of silver bullion, what does that make 10%?

old maid with warts, cellulite, and a big goiter, maybe that's why the discount for doing the seller a favor >>



Baley they all need love! Quit talking about 12pack babes like that

Staircoins

<< <i>I think its a good deal, now you have something to buy a burger with when SHTF. Lets see pics! That is, if you have a macro lens----------------BigE >>

It doesn't take a macro lense to see these. They are actually large (almost crown-size) coins, just don't have a lot of silver in them. Due to their low fineness, they don't wear very well, IMHO.

Here are a couple of pics from an unrelated ebay listing (not mine) ...

mrearlygold

I wonder if the lawn service will take them for real value?

57loaded

oops .10? i didn't read the topic correctly

maybe not

cladking

You're buried in the silver value. You'll be luck to get 25c on the dollar for silver.

The good news is that if these are really unc then you made out like a bandit. These
coins are actually quite desirable in unc and very underappreciated. Some of the early
dates are rarely seen in unc. Only the '64 and '65 are really common in unc but they should
be worth $1.

mkman123

I stick with American silver! Haha

BigE

OK no burger, you get a bean taco.-------------------BigE

TexasNationals

I wonder if the lawn service will take them for real value?

No but they will work for Pesos and Tecate Beer, hell the Jack in the Box even has a conversion table for peso's in the drive thru window down here in South Texas.

TexasNationals

Maybe I should take them to the San Antonio gun show weekend, if people will pay $3-$5 for 1 oz copper coins (seriously) bet I could get a few bucks each for these! Barter baby!