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$50 coin worth a dollar?
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<p>[QUOTE="John Burgess, post: 7418791, member: 105098"]On january 1 1993 Mexico switched to the new peso. This is where the problem is. Those coins are old pesos.</p><p><br /></p><p>It's a different valuation system.</p><p>When the system was reformed they removed 3 zeros, so the 1989 1000 peso coin is equal to 1 current peso or approximately 5 -10 cents depending on the exchange rate on any given day. </p><p><br /></p><p>The new peso version of the $1000 peso is worth about $50 in exchange.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 7418791, member: 105098"]On january 1 1993 Mexico switched to the new peso. This is where the problem is. Those coins are old pesos. It's a different valuation system. When the system was reformed they removed 3 zeros, so the 1989 1000 peso coin[B] [/B]is equal to 1 current peso or approximately 5 -10 cents depending on the exchange rate on any given day. The new peso version of the $1000 peso is worth about $50 in exchange.[/QUOTE]
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$50 coin worth a dollar?
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