Bwana_John
Nomad
Posts: 289
Registered: 10-17-2007
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What to do with old Pesos?
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?
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
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Mood: must be 5 O'clock somewhere in Baja
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Contact FDT (Ferna) He collects them for his son.
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BMG
Super Nomad
Posts: 1776
Registered: 6-10-2007
Location: La Paz / Bahia Asunci�n / Away from home
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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.
I think the world is run by C- students.
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Bob and Susan
Elite Nomad
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
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Mood: Full Time Residents
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sell them on ebay...
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djh
Senior Nomad
Posts: 936
Registered: 1-2-2005
Location: Earth mostly. Loreto, N. ID, Big Island
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Mood: Mellow fellow, plays a yellow cello...
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OR....
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.
djh
Its all just stuff and some numbers.
A day spent sailing isn\'t deducted from one\'s life.
Peace, Love, and Music
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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Some of them will work in parking meters. That's not illegal, is it? I can handle immoral.
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turtleandtoad
Senior Nomad
Posts: 730
Registered: 1-20-2005
Location: Wherever I park. See sig for current location.
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Mood: Good if fishing
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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.
Mike & Robin; Full-Time RV\'ers
37\' Georgetown w/3 slides & 275 Watts of Solar Power
06 Taco TRD
www.turtleandtoad.com
I am here
To paraphrase Frank Lloyd Wright; I\'m all in favor of keeping dangerous weapons out of the hands of fools. Let\'s start with keyboards. --
Mike Dean |
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standingwave
Nomad
Posts: 182
Registered: 11-10-2007
Location: Lytton, Canada
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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.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| 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.
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vgabndo
Ultra Nomad
Posts: 3461
Registered: 12-8-2003
Location: Mt. Shasta, CA
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Mood: Checking-off my bucket list.
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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?
Undoubtedly, there are people who cannot afford to give the anchor of sanity even the slightest tug. Sam Harris
"The situation is far too dire for pessimism."
Bill Kauth
Carl Sagan said, "We are a way for the cosmos to know itself."
PEACE, LOVE AND FISH TACOS
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by vgabndo
Weren't we giving 500,000 pesos for a tank of gas before that?
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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.
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bombero
Junior Nomad
Posts: 42
Registered: 11-16-2004
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old pesos
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.
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ElFaro
Nomad
Posts: 231
Registered: 9-16-2007
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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 !! 
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ElFaro
Nomad
Posts: 231
Registered: 9-16-2007
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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.
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BMG
Super Nomad
Posts: 1776
Registered: 6-10-2007
Location: La Paz / Bahia Asunci�n / Away from home
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Could have been worse.
Mexico could have just kept adding zeros.
I think the world is run by C- students.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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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.
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Bob H
Elite Nomad
Posts: 5867
Registered: 8-19-2003
Location: San Diego
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Interesting exchange rate for Zimbabwe
FXCheatSheet®
Zimbabwe Dollar (ZWD) to US Dollar (USD)
Interbank rate for Thursday, February 28, 2008
ZWD USD ZWD USD ZWD USD
10000 = 0.33 100000 = 3.27 1000000 = 33
20000 = 0.65 150000 = 4.91 2000000 = 65
30000 = 0.98 200000 = 6.55 3000000 = 98
40000 = 1.31 250000 = 8.19 4000000 = 131
50000 = 1.64 300000 = 9.82 5000000 = 164
60000 = 1.96 350000 = 11.46 6000000 = 196
70000 = 2.29 400000 = 13.10 7000000 = 229
80000 = 2.62 450000 = 14.74 8000000 = 262
90000 = 2.95 500000 = 16.37 9000000 = 295
FXCheatSheet for Travelers
© 1997-2008 by OANDA, Corp.
http://www.oanda.com 600000 = 19.65 Interbank rate
Zimbabwe Dollar (ZWD)
US Dollar (USD)
February 28, 2008
700000 = 22.92
800000 = 26.20
900000 = 29.47
Put it into your wallet before you travel..
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