What's funny is that, with all of these 1948 5 Pesos I've come across, I've NEVER seen one with the spectacular toning of many of the other Mexican silver coins. They are always Plain Jane UNC...I wonder why?
I wonder the same. And these are higher purity silver than most other 20th century Mexican coins, so logic dictates the opposite of what we see.
Silver could be one reason?? 1st strike off a new die also could have made this one so nice details wise. toning ?? That's in the air.
There was two 48 Cinco pesos put up for auction on Facebook. This one was first, and from a friend of mine. I saw it, knew I've never seen one struck so well, and bid to win. I had it wrapped up in less than 30 minutes of posting. I paid $35 shipped. Someone else sees it and decided to auction his as well. UNC, but it had no pop to it. It sold for $21 or $22. To me, it was well worth the extra $13
The depth of the eagles feathers are insane. Every detail of the coin has more detail within it. Did you notice that the dentials on each side is different? How cool is that!.
Up til 2012 grey sheet World coin graded Mexican pesos had a Plus noted for anyone above MS65. 1940 /1955 I wonder what this one Would have been graded by Tpg.
I know this is an old thread...BUT the Mexico 5 Pesos 1947-1948 Cuauhtemoc is ONE of my FAVORITE coins. They were only minted for 2 years. These mintages can be seen below. What I love about these coins is that it is 90% silver and has more ASW than our beloved Morgan Dollar. It is a large coin with a lot of history behind it. Here are the specs: Quick Coinage Facts Years Minted: 1947-1948 Composition: 90% Silver, 10% Copper Diameter: 40 mm Weight: 30 grams (0.868 oz. actual silver weight) Mintage 1947: 5,110,000 Mintage 1948: 26,740,000 Total Mintage: 31,850,000 Obverse Design: National Arms Reverse Design: Bust Design Here is the American Morgan Dollar specs for a comparison between the two: Coin Specifications Category: Morgan Dollars (1878-1921) Mint: Carson City Mintage: 12,600,000 Catalog: KM-110 Obverse Designer: George T. Morgan Reverse Designer: George T. Morgan Composition: Silver Fineness: 0.9000 Weight: 26.7300g ASW: 0.7734oz Melt Value: $12.25 (4/22/2015) Diameter: 38.1mm Edge: Reeded Everytime I see one for sell and at the right price I buy them up in a hurry.
I love buying them at melt, and will always do so, because I can always sell them on eBay for around $30-35. Not so with the 1968 25 Pesos, which don't seem to sell no matter what price I put on them. But the ones I've kept sure are beautiful coins...
Yeah those 68' Olympic 25 Peso can be quite tough to re-sell. I find that I sell the Type II more and for a higher price and if I get lucky and pick up a Type III then I do very well. But yes I have some nice frosty ones that look absolutley gorgeous. Still, I love Mexican coinage and there are gems out there for the picking.
This is one of my favorites as well. I see them all the time at this antique market I go to. They sell for 6 or so over melt and in Au condition. Anyone know how to quickly tell an AU from an unc? I'd think the highest point would be somewhere on the eagle. On the obverse, maybe his cheek. I wanna get the lower mintage one too, still don't have that. By the way I have a few pocket pieces and this coin is one of them. Nice conversation starter for sure
I had a friend dad who owned a shop in Texas. His dad passed back of dad store had two 55gal drums Filed with silver pesos 1940 - 1960 all types of grades.
Back in March, I purchased three more coins, all unicirculated 1947s. One of them actually has some lavender and peach toning on the rim at the 12 o'clock position (obverse) . Too light to photograph.
MEXICAN COINS IN MY COLLECTION , STARTING BY 1782 CE http://giladzuckerman.webs.com/mercuguinness.html#MEXICO
I have one of these and it ranks among my favorite coins. Not rare or particularly valuable, but that doesn't take away from its beauty.