Ive got a bunch of old pesos; 50 year old paper bills, 70 year old coins, and even a 1914 "Gubierno Provisional de Mexico" 20 peso bill.
What do I do with them?bajaguy - 2-27-2008 at 10:08 AM
Contact FDT (Ferna) He collects them for his son.BMG - 2-27-2008 at 10:35 AM
Don't know if they have any collectible value or not. A search on ebay might help. Some of the old coins are silver and are worth something.Bob and Susan - 2-27-2008 at 11:48 AM
sell them on ebay...
OR....
djh - 2-27-2008 at 11:57 AM
I would love a few of your older coins....
I make bolo ties out of old coins... I have a collection (that I wear) from all over the world... and my Mexico (coin) bolo (string) ties are not
all that old... I should have saved some old coins from my first trips back in the 70's...
Let me know if you'd like to share.... In fact, I'd be happy to make ties for fellow Nomads and pass on the spirit of sharing.
In years past, I made bolo ties, sold them on small signboards in local stores, and donated 100% of the money to 501c3 Non-Profit Organizations.....
very fun.
djhDENNIS - 2-27-2008 at 05:19 PM
Some of them will work in parking meters. That's not illegal, is it? I can handle immoral.turtleandtoad - 2-27-2008 at 05:35 PM
Make a coffee table or bar top out of them. When the surface is ready, lay them out and cover them with Verathane. You can even add other momento's of
Mexico; reproductions of old wanted posters, bullfight posters, etc. Maybe even a couple of old bucksaw blades. Anything that is fairly flat and isn't
more than 1/4 inch thick
I've done this with a lot of my foreign currency, especially the stuff from countries that no longer exist.standingwave - 2-27-2008 at 05:37 PM
I remember in '83 or '84 when the peso was a couple of thousand to the dollar talking to someone from New York. He showed me his trunk which must have
had a couple of hundred pounds of coin pesos - the same size as quarters. He was taking them back to New York to use in parking meters.DENNIS - 2-27-2008 at 08:48 PM
Quote:
Originally posted by standingwave
I remember in '83 or '84 when the peso was a couple of thousand to the dollar
My recollection is 3400 to one, pesos to dollars at that time.vgabndo - 2-28-2008 at 01:18 AM
I think it changed in '92-'93 I was on my honeymoon down to Belize. I was trying to exchange Belizean dollars for new pesos on the way back and really
had a hard time getting my mind around it.! Weren't we giving 500,000 pesos for a tank of gas before that?DENNIS - 2-28-2008 at 07:11 AM
Quote:
Originally posted by vgabndo
Weren't we giving 500,000 pesos for a tank of gas before that?
Probably so. The Nuevo Peso dropped three zeros so, 500 pesos today. Don't recall the price of gas back then and don't really want to. Too
painful.
old pesos
bombero - 2-28-2008 at 08:35 AM
In the early 1980,s i hid $300 us in pesos in my motorhome for emergencys. when i returned 6months later the pesos were worth $47 us. One mite use
old paper pesos for fire starters and coins for sinkers? Lead is worth more.ElFaro - 2-28-2008 at 08:47 AM
I remember back in the '80s when the peso was devaluating so fast that people were taking them by the hundreds of pounds to San Diego from Tijuana and
selling them for scrap metal !! ElFaro - 2-28-2008 at 09:03 AM
And...at one time in the 80s there were actually two exchange rates...one for commercial and one for consumer. The commercial rate was better by
about 10% so some people would buy pesos at the consumer rate and then exchange them at the commercial rate profitting about 10%. They just kept this
up until the Mexican govt. got wind of it and combined them into one rate to end the practice.
Talk about parking meters...
Here in San Diego the old pesos worked great in the coin laundromats, newspaper machines, and some soda/candy vending machines at the time. One could
wash several loads of clothes for about 10 cents and buy a newspaper for about 2 cents with worthless pesos. So the laundromats and newspaper co.
installed "peso busting" coin slots on their machines to try and stop the pesos cancer. Also some machines would accept the $5/$10 peso bills and
spit out US change...a real headache back then.
Could have been worse.
BMG - 2-28-2008 at 10:41 AM
Mexico could have just kept adding zeros.
DENNIS - 2-28-2008 at 10:51 AM
At that time, Secretary of State, George Shultz, went to Mexico and begged that they stop minting the one peso coin. It was creating havoc along
the border. It could have been worse if magnets hadn't kept them out of slot machines.Bob H - 2-28-2008 at 12:57 PM
Interesting exchange rate for Zimbabwe
FXCheatSheet®
Zimbabwe Dollar (ZWD) to US Dollar (USD)
Interbank rate for Thursday, February 28, 2008
