Modern Spanish Cache Found, ID Please! UPDATE PHOTOS

TXPlugKutter

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Aug 20, 2007
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A friend of mine, who is a mechanic, was recently cleaning up his wrecking yard. He was going through old vehicles scrapping them out. In one of the vehicles he found a five gallon bucket half full of semi modern mexican pesos. I don't have pictures of all the coins but I will try and get some. I don't think they are worth much over face value. BUT...there were about a dozen or so coins some pictured below that I have no clue about. All I know is the dates.
Can anyone help with an id and a possible value? I will probably purchase these coins off the guy, since he has no interest in them. They are still in the five gallon bucket in the corner of his shop.
I want to give him an honest value so he can either keep them and not get taken by a scammer or sell them at a reasonable price.
Its not very often someone finds this mondern cache.

I have added some new photos of the mining tokens. There is also a pic of a pile of some of the coins that were in a coffee can. This represents about 10% of what is actually there. I didn't feel like carrying the 20lbs or so coins just for a pic.
I have emailed the guy on Ebay that is selling replicas of the tokens but I haven't heard anything.
I pose this question to you. If they are making replicas and those sell for ~$6.00, what is an original worth? Bound to be worth something if they are making copies.
 

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Re: Modern Spanish Cache Found, ID Please!

BuckleVampire said:
Are you sure they aren't mining tokens? Or company store-type money?

To be honest, I have no idea what they are. They could be some type of token. I figured with the crudeness of how they were made they might be worth something.
 

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Re: Modern Spanish Cache Found, ID Please!

acedigger said:
BuckleVampire said:
Are you sure they aren't mining tokens? Or company store-type money?

To be honest, I have no idea what they are. They could be some type of token. I figured with the crudeness of how they were made they might be worth something.

I wouldn't base your estimation on their crudeness...some american store tokens are crudely made...and not worth much. Check out the link above--one of your tokens (Mina El Eden) is from an old mine in Zacatecas, Mexico--now obviously closed and turned into a tourist attraction for historical reasons (this was a silver mining town going back to colonial times).

Parra, Mexico--Colima, Mexico--and Xalpa, Mexico also have rather large silver mines. I don't know what the purpose of these tokens would have been--or why such a large array of dates and 600 square miles of geographical area are represented in the collection. You should sort them into piles and post examples of each type--perhaps we can put this puzzle together.

These could have some value--I have no idea what the market demand is for such pieces--or where the buyers would be. Their greatest collector value might lie in selling them all as one collection--rather than breaking them up.

-Buckleboy
 

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Re: Modern Spanish Cache Found, ID Please!

the square one is a mining token and is worth one load of metal.
 

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Re: Modern Spanish Cache Found, ID Please!

Replicas /modern counterfeits of these and similar Mexican state and municipal issues are known to exist.

http://cgi.ebay.com/1872-1-8-de-Real-xalpa-3054_W0QQitemZ140168913254

http://cgi.ebay.com/1828-1-8-de-Real-colima-3055_W0QQitemZ140168912978


As previously noted, the square piece purports to be a mining token— specifically, a token from the Mina del Eden ("Mine of Eden") in Zacatecas, Mexico— and the reverse means, "Worth one load of metal." I have seen several quite similar tokens listed as known fantasies, and I think that it may be possible that this is another.
 

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Re: Modern Spanish Cache Found, ID Please!

Well done, PBK! At least we were on the right track.
 

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Re: Modern Spanish Cache Found, ID Please!

If you can buy the whole load of coins for some ridiculously low price then go for it. I wouldn't invest much in a load of semi-modern Mexican coins. They probably aren't worth much. However there are a few (not many) semi-modern Mexican coins that are made of silver and some gold ones too. I don't own a World Coin Book so I can't tell you which ones exactly but if you go to Ebay and put mexico silver coin or similar in the search box you'll get an idea. Good luck and I hope you can by the whole bucket full for little or nothing.
 

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Re: Modern Spanish Cache Found, ID Please!

Thanks for everyones input. I will see if the guy will let me take the rest of them and scan them in. They could be fakes but I don't know how to tell the difference. The original owner must have had some nack for collecting coins or he wouldn't have had 2 1/2 gallons of coins in his vehicle.
I will see what other pics I can get as well.

Thanks
 

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Re: Modern Spanish Cache Found, ID Please!

acedigger said:
The original owner must have had some nack for collecting coins or he wouldn't have had 2 1/2 gallons of coins in his vehicle.
or he was selling them on the road as real old items
or for trading in goods, gas ,food, repairs to vehicle etc (a scam artist)
 

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Re: Modern Spanish Cache Found, ID Please!

Are there any key things to look for when authenticating these coins/tokens?
 

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Re: Modern Spanish Cache Found, ID Please!

PBK said:
Replicas /modern counterfeits of these and similar Mexican state and municipal issues are known to exist.

http://cgi.ebay.com/1872-1-8-de-Real-xalpa-3054_W0QQitemZ140168913254

http://cgi.ebay.com/1828-1-8-de-Real-colima-3055_W0QQitemZ140168912978


As previously noted, the square piece purports to be a mining token— specifically, a token from the Mina del Eden ("Mine of Eden") in Zacatecas, Mexico— and the reverse means, "Worth one load of metal." I have seen several quite similar tokens listed as known fantasies, and I think that it may be possible that this is another.

I have contacted the seller of these replica coins to see if they know the difference between real ones and replicas.

I have asked the moderator to remove this topic from the other rooms I have it listed in. I will keep this one open.

Thanks
 

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Re: Modern Spanish Cache Found UPDATED PHOTOS

I received an email from the seller on Ebay. He stated that they were called Hacienda Tokens and the replicas were made from 1950-1960. He said there is a book that explains the difference between the real ones from the replicas.
Either way they are unique.
 

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i'd say offer what they are worth in scrap copper. whatever the weight of the bucket times current clean copper scrap value. he's a junk man and he would probably have tossed them in with scrap anyways. if you end up with a bunch of counterfeit tokens, you'll still be able to peddle them off cheap and come out ahead.

as far as the modern coins, theres silver and gold mexican coins from not that far back. there's these tiny little coins that are much smaller than an american dime that were made of gold and are easy to lose. i had one from the 1940's i found at a strip mall parking lot as a kid. those tiny coins would work there way to the bottom of the buckets so make sure the buckets dont have holes or cracks.
 

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