Mexican Silver Experience

Discussion in 'Silver Coins' started by wa22a87, May 26, 2014.

  1. wa22a87

    wa22a87 Member

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    So I recently traveled to Mexico for my honeymoon. I was staying just outside of Playa Del Carmon, its a very big tourist area. Anyways, I was keeping an eye out for some Libertads, about 5 days in, on a tour to swim with the sea turtles, there was a silver shop. I noticed in the back, on the bottom shelf there was some 1oz libertad coins. so I called the owner over and asked him to get one out and have a look.

    It looked and sounded silver, so I asked him how much. He said 3000pesos. I laughed at him and asked him how much in USD. He said $270, I laughed at him again and said too much. The owner asked me to give him a price, and I said $27US, and that was being generous. He got angry at me, so I left the store.

    A few days later we were in town looking through all the tourist stores, and there was one silver store that didn't have anyone sitting out front trying to call us in, so what do we do, pick that one to go in and look. The owner of this store was very helpful, i asked him about the Libertads, he didn't have any, but he got on the internet and showed me where to buy them, gave me an address. We bought some small jewellery items from him. He even gave us 33% straight away on a non-negotiable price.

    So we walk to the store where I was expecting to pick up the Libertads, and its a bloody bank, inside a harvey norman type store. They sell them over the counter for at the time 295pesos. As I didnt have any pesos, and they ddnt accept USD at the bank, I had to go exchange. So I ended up pick up Libertads at the Mexican bank for 24USD over the counter in their own personalized capsule with BANCO AZTECA across the face of it..

    All in all, it was a good experience.
     
  2. bloomst

    bloomst Well-Known Member Silver Stacker

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    Did they have any bar? Sounds like a great experience!
     
  3. wa22a87

    wa22a87 Member

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    didnt see any bars.. only the libertads, which they were advertising at the counter, each of the 10 counters
     
  4. Altima

    Altima Well-Known Member Silver Stacker

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    Thanks for sharing the experience! Wonder how it is for their gold coins, especially the old ones.
     
  5. iluvbeanz

    iluvbeanz Member

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    lol for some reason I was expecting a more dramatic story since it's in Mexico.

    Anyways $24 USD is not bad, but I would have expected it to be a tad cheaper since they were purchased in the home country of those coins. They're a tad cheaper online in the US.
     
  6. DanielM

    DanielM Active Member Silver Stacker

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    Pffft, how much do you get Perth mint coins for here?
     
  7. wa22a87

    wa22a87 Member

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    That 24us included a two currency exchanges. So it could have been cheaper.
     
  8. a1nipper

    a1nipper New Member

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    I wish I had thought to buy silver on my honeymoon. Congratulations on your marriage and new Libertads!
     
  9. TomD

    TomD Member

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  10. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Well let's see a picture then!

    Personalised capsules sound interesting.
     
  11. SilverKendo

    SilverKendo New Member

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    I like Mexican coins. I have about 20 10% silver pesos that I got at about spot. I also have some silver Libertads that are very nice. I've recently picked up some gold too. I have some dos pesos and 2.5 pesos that I was able to get around spot (the 2.5s below spot). My most recent gold is a 1/10 gold Libertad that is sweet.

    As a side note the $100 coin above with the skeletal Don Quixote was based off the famous Mexican artist Jose Guadalupe Posada's work. Posada was a print maker most famous for originating the well dressed skeletons for Dia de los Muertos. He used the calaveras (skulls) to depict political leaders without getting in trouble with the law. Anyway I just purchased one of Posada's prints of the Virgen de Guadalupe. Big fan of his work. Mexico is a pretty cool place minus the drug cartels and all.
     
  12. Kam

    Kam Active Member Silver Stacker

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    I wouldn't buy any 10% Silver Peso even for $1ea
     
  13. SilverKendo

    SilverKendo New Member

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    I can understand that. I like them but like I said I've only got about 20. I'm not sure I'd get many more unless I found them for a very good price. Anyway, Mexican silver and gold is pretty cool.
     
  14. Justfishin

    Justfishin New Member

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    TomD--PM sent.

    Anyone with a love of Mexican coins, shoot me a PM, ;)
     
  15. Stark

    Stark Active Member Silver Stacker

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    Wooooooooooooooooooooooow! What an amazing set of coins! :) Congrats for collection! I admit I'm (a little bit) envy. :)
     
  16. goldilox

    goldilox Member Silver Stacker

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    Tom is an insanely good photographer!
    wish i was off to mexico. nice one wa22a
     

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