Thought I'd share some new Mexican Silver pickups with you :)

A few more favorites. Steve

 

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Peso literally means weight. I don't know the exact derivation, but I'd imagine it has to do with the weight of silver. Escudo means shield in Spanish and probably the same in Portuguese. And I'd never thought about it, but Brazil used "reis" until the 1940s, and I'd bet that means something to do with the king too, since Spanish for king is "rey."

 

Good info. It's a very interesting topic and one I haven't ever given much thought towards.

So I wonder since Escudo was a step up from Reale, and Escudo means shield, if the thought was to correlate the term to Royal Shield?

 

Does anyone know if Don and Lois' new books covers some etymology and various origins of terms.

 

The Real coinage system in Mexico was introduced during Spanish rule during the early 1500s. The real was originally a medieval Italian gold coin. Gold coinage was based on the Gold escudos. The ½ escudos was equal to the silver 8 Reales. At the time gold and silver exchanged at a 16 to 1 ratio. In 1857 Mexico decided to convert to the decimal system to be aligned with the monetary system in Europe. At that time even Spain was using the decimal system. They began production in 1863. It’s interesting to note that 1857 was the same year the United States began recalling all of the Mexican coinage in circulation. I am sure that also had some influence. For a short time both Reals and decimal coinage circulated in Mexico. However the balance scale Peso was slightly smaller than the 8 reales which caused a problem with the trade with China. China rejected the smaller Peso even thought the value was the same. Mexico’s answer was to simple issue the peso with “8R” stamped on the coin. In 1905 Mexico again revised their monetary system due the the devaluation of Silver and the fact that Gold was not circulating. Sizes of the coins were reduced and the alloys and fineness changed. Many changes have been made since then resulting in the fineness getting smaller and smaller until finally non-existent. Mexico’s monetary history is one I find fascinating and I have expanded my collection greatly in this area.

I did a presentation last year on the Monetary Reform of 1905. It can be viewed here:
https://www.cointalk.com/threads/estados-unidos-mexicanos-a-history-of-modern-coinage.249575/

 

I know these aren't silver, but this seems like a good thread to showcase some Mexican coinage. Silver will follow after a bit.

 

A few more 5 centavos.

 

Here comes some silver. (about time right)

 

Onward and upward with the 20 centavos.

 

These are some amazing Mexican coinage you have there. Of all your Mexican coinage, which all are beautiful, I love the 1947-1948 Cinco Peso (Cuauhtémoc) silver coins. This coin (Cuauhtemoc):



Specifications

Composition: Silver
Fineness: 0.9000
Weight: 30.0000g
ASW: 0.8680oz
Melt Value: $14.21 (4/13/2015)
Diameter: 40mm

has more ASW that our beloved Morgan Dollar:




Mint: Philadelphia
Mintage: 44,690,000
Catalog: KM-110
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $12.65 (4/13/2015)
Diameter: 38.1mm





There were only minted for two years (1947/1948) with the '47 have a MUCH lower mintage that the latter. The design is absolutely amazing and I have literally 100's of these coins. Another coin I hoped to see is the 1949 Case de Mondea Un Peso with the balance scale. These coins too very during a very violent time in Mexican history. Thanks for stirring up memories of one of my all time favorite coins I own.

 

Here are some I picked up a couple weeks ago. The photos are going to need to be reshot when I get a chance (my apologies.)

 

simple coins/rounds/medals but hard to find at quality and price and raw!

 

Very nice coins here. I never knew there were PL 10% Ag pesos. I'll have to look into that. I just bought this 8 reals for 102 dollars, free shipping. Wouldn't you say that's a good price, considering it's graded too? It's the most I spent for one coin actually, but was possible by paying over 6 months via paypal credit.

 

Did some cleaning on two of the coin and medal pictured above. The medal had some tarnish on the reverse, upper part oh Eagle's wing. Used tin foil-baking soda-hot water then into vinegar and pat dry with paper towel. The results turned out marvelous.
The 1964 Un Peso had toning on edge and PVC damage on high contact areas, lettering and ribbon, reef, ect. Used the technique above and was satisfied with results. Used the Q-tip with Peroxide, in a rolling motion on the PVC damage areas. About a 40% result. Is there another solution for PVC damage? Lemon juice?
On Oxidation, is there a cure for Uncirculated Silver Coins?
Thanks

 

I believe acetone works well on PVC

 

I would have not used anything other than acetone and rinse in distilled water. You can purchase a BU 1964 Peso for less than $5.

 

Bought mine with shipping for $4.51. Let me tell you, finding a BU 1964, without bag marks, dings, and minor scratches is harder than you imply, at $5 and not slabbed.

 

Look for the mint sets. More bang for the bucks


http://www.ebay.com/itm/1964-Mexico...482?pt=LH_DefaultDomain_0&hash=item3aa78793fa

http://www.ebay.com/itm/Mexico-1964...583?pt=LH_DefaultDomain_0&hash=item258861f337

 

I love your 1862 Cinco de Mayo coin. Might I ask how much that put you back? If not np no worries. Thanks for sharing.

 

NP. Paid $23.95+$4.95 from Jalisco, Mexico. Bellacoin from EBay.