Un Peso Value?

KUCH

There is a local coin show tomorrow and I may try to sell/trade some foreign.

I've got some Un Peso in BU: 1940, 1943, and 1944. Really in quite excellent condition, luster. I know the all silver weight is .3856, but would they be worth alittle more as a collector coin? Value?

Appreciate your input.

lordmarcovan

Pesos from which country? Mexico, I'd assume?

Edit to add: unless any of those happen to be better dates, then chances are, their bullion value has pretty much eclipsed their catalog/numismatic value by now.

KUCH

Yes, Mexican Un Peso. And thank you, we will go with the spot price. It's difficult to see such beautiful silver coins go to the melting pot.

KUCH

Lordmacrovan,

if the ASW of the Un Peso (Mexico) is .3856. Spot 31.88 x .3856 = $12.2312 per coin right?

mrpotatoheadd

<< <i>I've got some Un Peso in BU: 1940, 1943, and 1944. Really in quite excellent condition, luster. I know the all silver weight is .3856, but would they be worth alittle more as a collector coin? >>

Not really. Catalog value is currently below melt value.

<< <i>Value? >>

You might do better on eBay, but I'd bet most dealers won't pay more than melt for these.

coinkat

Those dates have to be GEM or higher (65 or higher) or an exceptional strike

mrpotatoheadd

For those dates, MS65 is probably not high enough to be worth the trouble to slab.

KUCH

Thanks all for your replies.

lordmarcovan

<< <i>Lordmacrovan,

if the ASW of the Un Peso (Mexico) is .3856. Spot 31.88 x .3856 = $12.2312 per coin right? >>

Sounds about right to me.



<< <i>It's difficult to see such beautiful silver coins go to the melting pot. >>

They'd only theoretically go to the melting pot. If they're nice enough looking, they could continue to trade as coins and not actually get melted.

Earlier this year, I cashed in on all of my grandmother's 1895 Gorham patent sterling flatware, which had just been sitting in a shoebox beneath the bed for a few years and was semi-forgotten. I sold it off as scrap, feeling a pang for sending such beautiful old silver off to be melted, but the price I got diminished the pangs pretty quickly. I told some coworkers about the experience, and they asked if I thought my grandmother would fuss at me for that. Maybe she would have, but I told 'em I suspected she'd also approve of me paying some bills- that shoe box of silver forks, knives, and spoons brought my credit card balance from maxed out to zero. (Always a fine feeling- too bad it didn't stay at that zero balance for long.)