Got to the Beach

[Bob S]

I managed to get to the beach last evening for 2 hours.

I found some Junk jewelry, coins, Hot wheels, BMW Key and Key Ring, a Couple Tokens.

Foreign coins = 1 British 20 Pence and 1 Mexican Peso

US Coins:
29 Lincoln Cents, including 3 Wheats
14 Jefferson Nickels
20 Roosevelt Dimes
15 Washington Quarters

Total Clad = $6.74

Rings = 1 Gold Plated, 1 Silver Plate, 1 with Pearl shell Inlays.

Chain with Disks is Copper

Tokens = Dave & Busters, Balboa Arcade.

 

[davew0710]

Great Day....but you need to get to the parking lot with the beemer detector

 

[Bob S]

Nice beach finds.... The Mexican coin, I see a $ symbol on it. What's up? I thought (when I lived in CA) that the Mexicans had a peso.....your might be able to spend the English coin still.... looks familiar. I like the necklace very much, what are the things hanging on it?

The things hanging are copper discs.

I have not checked into it but I think that the $ means Peso on the newer Mexican coins but am not sure.

OK, thanks, but it sure is weird!

Searched a little more on the net and found some information about the Peso. Thought maybe you all might like to know...

The "$" sign on a Mexican coin represents Mexican pesos, not U.S. dollars. Although a Peso symbol exists it is not used by Mexico I guess.

The peso sign (see photo) was originally designed in 1902 by Charles A. Conant, the architect of the American colonial monetary system. At the time, the Philippine Peso, like its Mexican counterpart, used the dollar sign ($) for its currency even though they were pesos. Conant realized that unless a new monetary sign was created, having two different currencies using the same symbol would cause confusion in the new American colony because people could not tell at a glance if prices were in US dollars or Philippine pesos.

So in his recommendations to US Congress, he devised a symbol using 'P' overstruck with '=' sign.

Thanks for the conformation and great research.



Bob

 

[woody50]

No problem Bob, like to check things out. I also (before I found the info on the net) sent an email to the Bank of Mexico and got this message back just a moment ago:

Thank you very much for your interest in Banco de Mexico?s web site. Regarding your request, we may inform you that the symbol "$" has been used in Mexico few centuries ago regarding prices and monetary operations. It is possible that those symbol is a graphic reference to the pillars that appears on the Spanish-American silver coins (same origin of the dollar symbol).

The "$" represents the peso (our monetary unit since 1866). It appears on the 80´s of the XX century coinage.

 

[Bob S]

Thanks again for the great information.