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Original or Restrike 1959 Mexican Diez Pesos?
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<p>[QUOTE="scottishmoney, post: 2687155, member: 12789"]Most of them are restrikes, but it is apparent that you have kept the piece and not worn it much if any because it has the original mint lustre on the surface of the coin. If there was a possible way, I like your suggestion of hiding it in your hem. Oh and the little dark spot on the reverse is a trace amount of copper - very common on Mexican gold from that era - and helps with verifying authenticity.</p><p><br /></p><p>Here is the down and dirty on the coin - it is .2411 oz in gold, almost a quarter ounce. Gold is trading at 1233.10 right now, .2411x$1233 =$297. I am not sure on the bezel and chain, those appear to be base metal so no value. A pawn shop offering half the melt value is not helping you at all. With a coin like that you should expect to get at least 90% of the value of the gold. </p><p><br /></p><p>A suggestion would be to take it to a coin dealer or jeweler instead of a pawn shop. You are likely to get much closer to the actual value of the coin by selling it to a coin dealer or jeweler.[/QUOTE]</p><p><br /></p>
[QUOTE="scottishmoney, post: 2687155, member: 12789"]Most of them are restrikes, but it is apparent that you have kept the piece and not worn it much if any because it has the original mint lustre on the surface of the coin. If there was a possible way, I like your suggestion of hiding it in your hem. Oh and the little dark spot on the reverse is a trace amount of copper - very common on Mexican gold from that era - and helps with verifying authenticity. Here is the down and dirty on the coin - it is .2411 oz in gold, almost a quarter ounce. Gold is trading at 1233.10 right now, .2411x$1233 =$297. I am not sure on the bezel and chain, those appear to be base metal so no value. A pawn shop offering half the melt value is not helping you at all. With a coin like that you should expect to get at least 90% of the value of the gold. A suggestion would be to take it to a coin dealer or jeweler instead of a pawn shop. You are likely to get much closer to the actual value of the coin by selling it to a coin dealer or jeweler.[/QUOTE]
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Original or Restrike 1959 Mexican Diez Pesos?
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