Do you know that there are Mexican coins that can be valued in thousands of dollars? If you have a collection of Mexican coins or you inherited some recently, you may be sitting on a goldmine. Determining the value of Mexican coins depends on rarity, condition, and historical significance. Here are some of the most valuable Mexican coins in the U.S. and how you can evaluate their worth.
What makes a Mexican coin valuable?
Here are some ways to discover the value of a Mexican coin:
- Rarity—the number of coins minted matters. The less they are minted, the more value they get.
- Condition—the better the condition of the coin, the more valuable it is
- Historical significance can make some coins minted to be particularly important and more valuable than others.
- Material: Coins made from precious metals such as gold and silver are generally worth more than others made out of base metals.
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How to determine the value of your Mexican coins
If you suspect that you own a precious Mexican coin, follow these guidelines to understand the value of your coin:
- Research: See if that coin is available online and in the pages of collector manuals to discover its rarity and value.
- Have it appraised by a reputable coin dealer or take it to coin dealers for a real assessment of its value.
- Examine the condition of your coin because the condition of the coin can have a great effect on the value, so check if there is any damage or wear.
The most valuable Mexican coins in the US
Here are some of the most valuable Mexican coins in the US:
- The 50-peso gold Centenario: This coin was minted in 1921 to commemorate Mexico’s centennial anniversary and can be worth up to $2,000.
- Coins from the Mexican Revolution: Coins minted during the Mexican Revolution (1910-1920) can be highly valuable, with some selling for up to $10,000.
- The Zapatista 2-peso coin: This coin was minted in 1915 and can be worth up to $3,500.
- The provisional Oaxaca 60-peso gold coin: This coin was minted in 1915 and can be worth up to $28,000.
- The 8 escudos “Rat Face” coin: This coin was minted in the 18th century and can be worth up to $100,000.
Where to sell your valuable Mexican coins
If you have determined that you have a valuable Mexican coin, here are some options for selling it:
- Online marketplaces: Websites like eBay and Amazon can be a good place to sell your coin, but be sure to follow safety guidelines and use reputable sellers.
- Coin dealers: You can choose to sell your coins to local coin dealers, but make sure to research their reputation and get multiple offers.
- Auction houses: If you have a highly valuable coin, consider displaying it at an auction house. They can help you get the best price for your coin.
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