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Mexico went through a period of runaway inflation during the 1980s and the peso became nearly worthless. In 1992-93 all coins and currency were replaced with "new pesos" at an exchange rate of 1000 to 1.
Your coin is denominated in old pesos so it would be worth only 5 new pesos. At the current conversion rate to U.S. dollars that's a bit over 50 cents.
***actually, the change to "New Pesos" allowed a short grace period for people to cash in their old pesos. After that grace period, which ended about 15 years ago, the old pesos lost all value and are no longer accepted as currency. If the artwork is nice they may have some value to someone but probably less than 50 cents. Might be great to throw in a wishing well or fountain.
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∙ 13y ago
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∙ 16y agoUnfortunately very little. Mexico's currency was subject to severe inflation in the 1980s, so much so that the old coins and bills were replaced in 1992-93 at the rate of 1000 to 1.
Your coin is denominated in those old pesos, so its value is 0.05 (1/20) of a current peso. The last exchange quote I saw was 1 peso = 10¢, so 1/20 of that is half a cent.
Wiki User
∙ 14y agoMexico devalued it's currency twice in 1992 and 1996. Notes from 1985 are not legal tender so that cannot be used or exchanged in a bank.
They have a value for banknote collectors, but only in perfect uncirculated condition. The 1985 Mexican 5000 Peso note is worth $3-$6
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∙ 8y agothis copper/nickel coin is considered common -- worth about 5 cents in circulated condition
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∙ 14y agoBecause of hyper-inflation, there wasn't a 500 Peso note issued in 1988. The closest to that date would be the 1983/84 issue which is worth $2-$4.
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What is the value of 500 peso Mexican coin in us dollars?
about 43 dollars
What is the value of a Mexican 500 peso coin?
A common coin, found in dealers' misc. foreign bins for 25 cents.
What is the value of a 1988 500 peso Mexican coin?
A common coin, found in dealers' misc. foreign bins for 25 cents.
What is a 1967 silver coin from Mexico marked 500 worth?
There was no Mexican coin denominated "500" anything in issued 1967. There was a copper-nickel (not silver) 500 peso coin issued in 1987 - it is worth less than a US dollar in circulated condition, and a bit mor than US$2.00 in Uncirculated condition.
What is the value of 500 peseas spanish coin dated 1987?
Most often "Peso" refers to Mexican currency. However Mexico is not the only country that uses pesos. Some other countries that use pesos are: Argentina, Chile, Cuba, and Uruguay. Ask another question and include the following information: date, country of origin, and the denomination. For example "What is the value of a 1978 Mexican peso" or "What is the value of a 1978 Cuban peso". If your coins is from a different country or denomination just include the correct information.
The value of a 1977 500 sylis coin?
The value of a 1977 500 Sylis coin depends on its condition. This coin in mint condition is valued between 10.00 and 12.00 as of 2014.
500 Mexican peso coin is worth how much in American money?
12 cents
How much us a Mexican 50 coin dated 1988 worth in us dollars?
A 2000 Mexican 10 Pesos retails for $6.75US if like new as a collectible. In exchange it would be worth $0.79US if you could find a place that changes foreign coins. I hope that helps.
What is value of Kiang Nan province coin?
The value is around US$500.
Value of estados unidos mexicanos 1955 cincuenta centavos?
These are fairly valuable coins. A well worn coin is valued at $10. A coin in average condition is valued at $25. A well preserved coin in valued at $100. A fully uncirculated coin is valued at $500.
What is the value of a 1984 l500 coin?
A 500 Lira coin from Italy is worth about $0.37 at face value, but to all intents and purpose is value less.
What is the value of 500 peso dollar?
Jan 2010 : $500 US Dollars = 6,341 Mexican Peso.
