Ahat mexican coins are accepted for currency exchanges?

Question

I have around 100 bucks worth of coins according to XE-

I have one coin that is 100 pesos, its a 1983 goldish with v. carranza on it. Also I have a 200 peso coin with the words copa mundial de futbol, silver circa 1986.

Can I exchange these coins for american dollars?

Answer 1

I could buy them.. i would just have to see them... e-mail me.. [e-mail]

Answer 2

Mexican Pesos older than 1993 - including both banknotes and coins - have little monetary value.  That's because, at the beginning of that year, Mexico devaluated the Peso, making 1,000 old Pesos worth just one new Peso:

http://en.wikipedia.org/wiki/Mexican_pes...

"On 1 January 1993, the Bank of Mexico introduced a new currency, the nuevo peso ("new peso", or MXN), written 'N$' followed by the numerical amount. One new peso, or N$1.00, was equal to 1000 of the obsolete MXP pesos."

The new (nuevo) Peso has a current exchange rate of approximately 9 to 10 US cents, so it would take about 10,000 old Pesos (equivalent to 10 new Pesos) to be worth about one US Dollar.

This blog post suggests that old Mexican banknotes are still accepted in exchange for the current Mexican currency, the new Pesos, but only at the Bank of Mexico, not at shops or retail banks:

"The Value of Old Mexican Bank Notes"

http://www.mexperience.com/blogs/mexicoi...

Currency exchange firms in the US generally accept only current foreign banknotes.  They do not accept obsolete banknotes, and they also do not accept coins of any kind.

Finally, most modern Mexican coins - with the exception of a few that contain silver - the last circulating Mexican coins that did were minted in the 1970s - and banknotes are of little value to collectors.  For coins, you can find approximate prices here:

http://worldcoingallery.com/countries/Me...

(Find your coins by denomination, date and photos, and identify their Krause Mishler ["KM"] catalog numbers)

http://worldcoingallery.com/values/Mexic...

(Once you have the "KM" catalog numbers for your various coins from the page above, you can find their values here)

Answer 3

You can exchange them for their current value--which will be next to nothing.  The better option would be to find a collector who actually valued them for their uniqueness and conditon and see what they would offer.

Answer 4

sure!! if it's money its worth something. you can exchange it, just remember 1 dollar (US currency) equals about 10 pesos, so 100 pesos is only $10.

Answer 5

No, U.S. banks as well as most other banks in other countries will not accept coinage to change into another currency, only notes. There was a monetary reform in 1992 and all coins before that date are no longer legal tender. I can find no listing for the 1983 100 peso for they were minted 1984-1992 and it is an eagle and a snake not a fish. No 100 peso coin was minted in 1983. The 1986 World Cup Soccer (Futbol) 200 peso coin is made of copper/nickel not silver and is listed as KM# 525 and has a value of $1-$2 in mint condition. Sorry for the bad news.