What is the old currency that can be sold for up to 50 thousand pesos

For collectors looking for coins or banknotes is an enjoyable activity or even a hobby. However, there are copies that are offered online at exorbitant prices, although they are not worth it.

On this occasion, we will make known what currency can be offered up to 50 thousand pesos, according to an expert in numismatics. Therefore, if you have any of them, this information may interest you.

And it is that according to a specialist, one of the most important characteristics is that parts can be sold more expensive depending on their issue, that is, the shorter the issue, the more value it acquires.

What is the currency?

According to the expert, the copy that could be offered up to 50 thousand pesos, has a denomination of 1 peso and brings a historical figure.

It was specified that the copy to which it refers is old and must bring the year of 1969, its value increases because they are very scarce.

The coin spoken of is silver (Law 100) and very scarce, since there are very few of them in that year (1969), since that same coin began to circulate from 1970 to 1983, but in another material.

What happened is that the government authorized the change of its coinage, so in the transition period from 1969 to 1970 the modification was authorized and they were made of nickel.

According to the Banco de México (Banxico), on its back it depicts the effigy of the historical leader, José María Morelos y Pavón in a left profile and the legend “A peso”.

While on its obverse one can see the typical National Shield of the eagle devouring a snake and the legend “United Mexican States”.

Currently, the piece that began circulating in 1970 is the one that is listed on the Mercado Libre platform between 10,000 and 60,000 pesos. However, the one from 1969 to which the specialist refers, is not yet displayed for sale on this website, to date.

It will be important to remember that in the world of numismatics other elements must also be taken into account so that coins can acquire more value.

And even though Banxico has reported that people can sell copies at the price they prefer, specialists recommend knowing well what characteristics they must contain in order to be able to sell them more expensive.

Although it will also be important to detail that all prices will vary according to their coinage or the material with which they were made. However, to get a better orientation, you can visit one of these special numismatic shops in the center.

In addition, not only are coins collectible, there are also people who like to store banknotes for hobby. A Mexican collector shared the experience he has gained by acquiring his more than a thousand “miniature works of art” that he has kept to date.

He even revealed which banknote was the most difficult for him to have in his hands and what he invested in it. This is a commemorative copy of Star Wars.

KEEP READING