rons Posted April 20, 2020 Share Posted April 20, 2020 I picked this beauty up at a local auction. Is it as important (necessary) to get it grade for resale? Not familiar with foreign coins for resale . I am really liking it but want to keep my options open. Any advice or are foreign coins transactions similar to U. S. ? Thanks for any experience you care to share. Link to comment Share on other sites More sharing options...
Voltyris Posted April 21, 2020 Share Posted April 21, 2020 (edited) Here's my amateur opinion: It's more of where are you selling it rather than Foreign V US Coins. Grading matters in the US, while not so much elsewhere (But this has changed in the recent years, specially Europe). My opinion, grade anything worth grading, specially Gold. Just to make sure it's problem free (according to grading experts). Also the grade will help you determine how much you can ask for it. I always admired this coin. Enjoy it! Best of luck! Edited April 21, 2020 by Voltyris Taking a shot at Grading Experts. Link to comment Share on other sites More sharing options...
rons Posted April 21, 2020 Author Share Posted April 21, 2020 (edited) Thanks for taking the time to share your thoughts. This was the first time I had ever seen this coin and was totally unaware of it. I had been following another coin and stumbled on this and thought How cool is this? The Aztec sunstone on the reverse is intricate and needs magnified to see all the details. What fun Edited April 21, 2020 by rons Voltyris and thebeav 2 Link to comment Share on other sites More sharing options...
RWB Posted April 21, 2020 Share Posted April 21, 2020 Your detail photo is rotated 90-degrees. Link to comment Share on other sites More sharing options...
GoldFinger1969 Posted April 21, 2020 Share Posted April 21, 2020 Mexico has some weird coin weights....I think their 50 or 100 peso coin from decades ago is like 1.3 ounces or something like that. Link to comment Share on other sites More sharing options...
rons Posted April 21, 2020 Author Share Posted April 21, 2020 RWB, Thanks, I realized that when I downloaded it but it was oriented correctly on my phone. Now that I am fully awake I played with it for 10 minutes and I think it is correct now. Just call me Mr. Technology Link to comment Share on other sites More sharing options...
rons Posted April 21, 2020 Author Share Posted April 21, 2020 Goldfinger Yes, this is .4823 oz of gold. They are all over the place through the years I guess. I had to look it up before bidding and thought what an odd number but again I am new in the foreign coins arena:) Link to comment Share on other sites More sharing options...
Voltyris Posted April 21, 2020 Share Posted April 21, 2020 (edited) @rons The Aztec stone is magnificent, yes. Mexican coins are pretty nice. They are also popular in the US and sell quite fast. A whole different world beyond US coins. It's a shame some people remain prisoners of one country (whatever the country is). It's nice to go out and collect some foreign coins. Maybe grade it when TrueView is discounted. Some glamour shoots would help : ) Edited April 22, 2020 by Voltyris Link to comment Share on other sites More sharing options...
Voltyris Posted April 21, 2020 Share Posted April 21, 2020 Here's a pretty nice one to show it to everyone around here: Link to comment Share on other sites More sharing options...
rons Posted April 21, 2020 Author Share Posted April 21, 2020 The detail on your coin is outstanding 😎 So much detail in such a small space. Thanks for sharing💥😍 Link to comment Share on other sites More sharing options...
Voltyris Posted April 22, 2020 Share Posted April 22, 2020 Oh thank you, it's not mine, picked it over from a marketplace. Come to think of it, perhaps I should buy it : ) Link to comment Share on other sites More sharing options...
jtryka Posted April 22, 2020 Share Posted April 22, 2020 7 hours ago, GoldFinger1969 said: Mexico has some weird coin weights....I think their 50 or 100 peso coin from decades ago is like 1.3 ounces or something like that. The 50 peso was about 1.21 ounces of pure gold, 37.5 g which makes sense with the peso-dollar peg at 2-1 it would have been roughly the equivalent of a $25 gold piece. The 20-peso pictured in this thread was about the same size as a $10 gold piece. It all makes sense when you consider the gold standard and fixed exchange rates. rons 1 Link to comment Share on other sites More sharing options...
RWB Posted April 22, 2020 Share Posted April 22, 2020 The pictured coin (immediately above) is a newer restrike of 1959 - possibly the 1990s. There are slight design differences from restrike hub-to-hub. None are important - they are attractive bullion. rons 1 Link to comment Share on other sites More sharing options...
rons Posted April 22, 2020 Author Share Posted April 22, 2020 Hey Jeff, Good to see you still hanging around. You doing well? Link to comment Share on other sites More sharing options...
Voltyris Posted April 22, 2020 Share Posted April 22, 2020 @RWB Interesting, thank you for the comment. From NGC (KM# 478): During 1960-1971 a total of 1,158,414 pieces were restruck, most likely dated 1959. In 1996 matte restrikes were produced. An additional 113,300 pieces dated 1959 were struck in 2000-2017. Link to comment Share on other sites More sharing options...
