How much is a 100 peso Mexican coin from 1989 worth?

Answer 1

Either 4/10 of a cent or maybe only 4/100 of a cent. I forget how many times the peso has been devalued since '89. I have 1000 N$ (new peso) coins that were 4 cents when I got them and I think the decimal has been moved at least one more place to the right since then. As Joe noted, Mexico uses the $ sign to mean pesos rather than dollars. The old peso was revalued in 1993 at 1000$ = 1N$ As of 09/2008 the N$ is worth about 10 cents so 100 old pesos is now the equivalent of a U.S. penny,

Answer 2

Mexico re-valued the Paso in the mid-eighties, at 100:1. 100 Pesos was devalued to 1 peso. But, the government also issued new coins (New Pesos) and stopped accepting all older coins and notes, so that your coin is actually worthless. No store will accept it now, and banks will not convert them.

Answer 3

Very little, unfortunately. Mexico revalued its currency in the early 1990s due to widespread inflation. Each "new peso" replaced 1000 old pesos like your coin, so it's equivalent to only 1 new peso. For the last couple of years the exchange rate has hovered around a 1 peso = a dime .

Answer 4

Not much. Mexico went through a period of hyperinflation and 1,000 pesos wasn't worth much. The coin itself wasn't struck in any precious metals and is relatively common. You might be able to sell it for a few cents to an interested collector but it is easily available and isn't worth much and isn't easy to sell.

Answer 5

I have a estados unidos mexicano 100.00 1987 I would like to know how much it is, I always saved my mothers old coins.

Now that I have a computer I can look up things.