BajaNomad

Old Peso/Neuvo Peso

JRabbit - 12-21-2007 at 05:26 PM

Nomads;

I was wondering if there is any info showing the old Peso and the Nuevo Peso and if there are certain areas in Baja that like to scam newbie travellers by giving back old currency as change?

Is this ever a problem and if so and tips/info/links that could shed some light on the subject?

Many thanks!

DENNIS - 12-21-2007 at 06:09 PM

That is, to this point in time, unheard of to me.

DENNIS - 12-21-2007 at 06:24 PM

Allow me to go a bit further with my answer above.
Around 1990, when the peso was about 3800 to 1, I would buy bags of new [old] pesos from a friend who worked in a bank. I paid 20 bucks for a sack of 2000 peso coins. At the time I was working in the states and would use them in parking meters. [ yeah..I know, shame on me ]
I still use them to this day at the intersections when stopped by a red light and, inevitibly, a can will be thrust in your face for a donation.
I give generously to charitys but, Jeezo, it gets old when every intersection has a collector.

mgray - 12-21-2007 at 06:47 PM

I heard some people talk of some gas stations giving back the old bills as change, but I've never been so I don't know. Plus I don't know what they look like either. If you find an answer please let me know!

woody with a view - 12-21-2007 at 06:50 PM

Quote:
Originally posted by mgray
I heard some people talk of some gas stations giving back the old bills as change, but I've never been so I don't know. Plus I don't know what they look like either. If you find an answer please let me know!


Dennis, you're a bad man.........

Mgray, here's my answer........if you don't know what they look like how will you know what you get, either way?

bajadedom - 12-21-2007 at 06:52 PM

Hit the exchange or a bank at the border and buy pesos so you don't have to worry about it...cheaper that way too!

Hey Woody - remember this from HIS 92 FM in the 70's......
"out of a cave at the foot of sunset cliffs, the thundering hoofbeats pound. With a hearty "HI-HO- Sylvia, and away", teh O.B. RANGER rides again".....

man I'm gettin' old...but I will never forget the times...I know the whole shows intro til this day and have the album (33rpm) of the Best of the O.B. Ranger still.....:?:

[Edited on 12-22-2007 by bajadedom]

DENNIS - 12-21-2007 at 07:49 PM

Quote:
Originally posted by mgray
I heard some people talk of some gas stations giving back the old bills as change, but I've never been so I don't know. Plus I don't know what they look like either. If you find an answer please let me know!


Do you know what the current bills look like? If they don't look like that, take the offensive.

I've never heard of this scam. At gas stations, worry more about the amount of the bills than the expiration date.

mgray - 12-21-2007 at 08:20 PM

Quote:
Mgray, here's my answer........if you don't know what they look like how will you know what you get, either way?


Well if I get the old worthless ones, then they are......worthless! And I'm sure ALL the locals know the difference, therefore I wont be able to use them, unless I try and scam someone else.

I just heard that the old currency was devalued so all the money before then is now worthless, but it still exists.....to give as change to unsuspecting tourists.

[Edited on 12-22-2007 by mgray]

Peso Pics

MrBillM - 12-21-2007 at 08:27 PM

Like others who have been travelling in Mexico, especially Baja, for a long time, I've never encountered or heard of an Old/New Peso scam, but Quien Sabe ?

In any event, here is a link with a look at Old and New:

http://www.banknotes.com/mx.htm

I still have an old 5000 peso note I carry around in my wallet. Maybe I should try and pass it on to an unsuspecting Gringo.

I've also got a bucket of old "One Peso" coins painted Red, Yellow and White that I used for poker chips years ago. I suppose even a Gringo wouldn't go for them, though.

BTW, I was surprised to see that there is a NEW NEW Twenty Peso plastic banknote. I received one in change last week. Wonder why ?

[Edited on 12-22-2007 by MrBillM]

fandango - 12-21-2007 at 09:02 PM

i've received old peso coins as change at the toll booths. first time i didn't notice until later. always checked afterwards and caught it the second time. must look like a tourist.

DENNIS - 12-22-2007 at 06:05 AM

Quote:
Originally posted by MrBillM
BTW, I was surprised to see that there is a NEW NEW Twenty Peso plastic banknote. I received one in change last week. Wonder why ?

Cute little things, arn't they. They're getting smaller.

[Edited on 12-22-2007 by DENNIS]

dean miller - 12-22-2007 at 06:43 AM

In the late 1950s I had a boat that need some modifications to convert it to an effective dive boat. Needed a number of brass/ copper and possibly SS washers. I checked with my local hardware store, "Linbrook" in Anaheim California. Do recall price but at the time too expense.

Was traveling regularly to TJ and spots south for the bulls, so one trip I made a slight detour to a TJ bank and picked up several hundred large copper one centavo coins. The bank personel was happy that I took all their big coins and I was certainly happy to get them at 12.5 to 1

Returned to Anaheim, constucted a fixture for my drill press and drilled away.

Modified the boat using the one centavo coins as washers...Any one out there know of a 1954 17 foot run-a-bout called Miss Tish? Thats the boat!

Just never know when Mexican money will be needed or waht it can be used for...

sdm

Old Peso/Neuvo Peso

debindesert - 12-22-2007 at 10:37 AM

Quote:

Well if I get the old worthless ones, then they are......worthless!


JRabbit, Not entirely worthless, they still have their use.:lol:



Oso - 12-22-2007 at 11:32 AM

As a persistently broke student at UdeLA in '63, I can remember how a pocketfull of those big peso coins (.08 usd) made me feel like I actually had some money. And, well I did. One of those was a "pesero" cab ride on Reforma all the way from Chapultepec to the Zocalo, a taco, or TWO Victoria beers. Sigh, them days are gone forever.:(

Cypress - 12-22-2007 at 02:05 PM

Pompano!:D Can you lend me a shovel?:D

vandenberg - 12-22-2007 at 02:12 PM

Pomp,
Give it time. That tree will eventually turn into compost.
All it takes is patience.:(:(:biggrin: