Just Call Me..."Big Peso."
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  1. #1
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    Just Call Me..."Big Peso."

    I found this coin on a very chilly afternoon in a local park. Barely under the bark in the tot lot. It is a 1988 $1,000 Peso coin from Mexico. I have never found a coin with such a large denomination before. They were minted only between 1988-1992. According to this morning's conversion rate, 1,000 pesos are worth $49.43 US dollars on face value? Should I keep this goodie in my pouch as a "lucky charm?" It feels good to be out detecting again after a hiatus due to neck surgery in October. Happy Hunting to all and thanks for looking. Sub

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    Last edited by Subterranean; Dec 07, 2018 at 09:13 AM.
    GB1, BLK HOLE, JoeB_OH and 18 others like this.
    I know LEO and Fire badges...I know toy soldiers...I am learning about everything else from you!

    Confuse-Us Say: "Man wearing steel toed boots should not metal detect."

    What "unearth" are you doing out there?

  2. #2
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    keep it for good luck nice find
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  3. #3
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    Man that is some kind of coin! Can it be exchanged?
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  4. #4
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    Quote Originally Posted by BLK HOLE View Post
    Man that is some kind of coin! Can it be exchanged?
    BH, Apparently, the large denomination bills and coins had to be exchanged during a government recall shortly after 1992. If they weren't exchanged, they would not be worth anything. So I have a souvenir at this point, but still fun to own! Maybe it is not such a "lucky charm" after all! LOL! Sub
    I know LEO and Fire badges...I know toy soldiers...I am learning about everything else from you!

    Confuse-Us Say: "Man wearing steel toed boots should not metal detect."

    What "unearth" are you doing out there?

  5. #5
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    Hawks88

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    Nice find. Congrats
    Subterranean, A2coins and Yak1366 like this.

  6. #6
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    Randy

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    Nice!!!! Congrats!!!!

  7. #7
    Charter Member
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    An unidentified coin is a piece of metal. An identified coin is a piece of history.

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    In ~1993 the Mexican government dropped three zeroes off their currency; your 1000 peso coin became a 1 peso coin.
    229+ million of this coin were minted. If it hasn't been demonitized, it would be worth about 5 cents.
    The composition of your coin is Aluminum-Bronze.
    Keep looking in the area of your find; the 1986-2000 peso coin is worth in the thousands of dollars in MS-63
    Don...

  8. #8
    us
    Unveiler of "Soiled" Secrets...

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    Quote Originally Posted by Mackaydon View Post
    In ~1993 the Mexican government dropped three zeroes off their currency; your 1000 peso coin became a 1 peso coin.
    229+ million of this coin were minted. If it hasn't been demonitized, it would be worth about 5 cents.
    The composition of your coin is Aluminum-Bronze.
    Keep looking in the area of your find; the 1986-2000 peso coin is worth in the thousands of dollars in MS-63
    Don...
    Thanks Don! I will check my "foreign coin" bucket for those pesos. Sub
    GB1, Mackaydon, A2coins and 2 others like this.
    I know LEO and Fire badges...I know toy soldiers...I am learning about everything else from you!

    Confuse-Us Say: "Man wearing steel toed boots should not metal detect."

    What "unearth" are you doing out there?

  9. #9
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    Awesome find...keep the coin!

  10. #10
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    Tommy

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    Good job Big Peso yep Ill call ya that hold on to it Glad your back at it also..Tommy

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  11. #11
    us
    Unveiler of "Soiled" Secrets...

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    Quote Originally Posted by A2coins View Post
    Good job Big Peso yep Ill call ya that hold on to it Glad your back at it also..Tommy
    Thanks Tommy! The neck is out of shape (we look down for hours while detecting) but I will get it back into shape! Lance
    A2coins, Hawks88 and Trezurehunter like this.
    I know LEO and Fire badges...I know toy soldiers...I am learning about everything else from you!

    Confuse-Us Say: "Man wearing steel toed boots should not metal detect."

    What "unearth" are you doing out there?

  12. #12
    Nice find Sub. If you do decide to carry it, and end up losing it, at least you know someone with a metal detector who could find it for you !
    Subterranean and Hawks88 like this.

  13. #13
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    Cool find, Congrats!!!
    Subterranean and Hawks88 like this.

  14. #14
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    Aug 2007
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    Very cool find! Congrats! To bad you can't cash it in. Welcome bag to digging!
    Subterranean likes this.
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  15. #15
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    Patriot

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    Very cool coin. Just could be a lucky charm. Try it out, if luck goes south, sell it.
    Subterranean and Hawks88 like this.
    USMC 67-70/ VN 69-70

 

 
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