Recently, the boom for buying and selling old coins or bills has increased, and those who consider having a currency In particular, they question where they can sell them to acquire the money they claim to be worth so much. One option that is being considered is the Mount of piety.
But really Does the Monte de Piedad accept coins? To have the answer if you buy coins or not, we must first understand that this is dedicated to pledge loans, so it would not buy you a coin, but you could still get money for them.
To better understand how this process works, in The Truth News We explain how to make the Monte de Piedad pay you for your coins.
Does the Monte de Piedad buy or accept old coins?
The Monte de Piedad does not buy coins, but you can pawn them.
Many people think that they can carry the famous 20-peso collector coins to sell them, due to the constant offers that are usually seen on social networks.
But the reality is that the Monte de Piedad does not buy this type of coin, therefore, the best thing is that if you have one of these, you try to sell it on social networks or Mercado Libre.
What currencies does the Monte de Piedad accept?
Although in the Monte de Piedad you do not buy pieces in circulation, even having a special detail, if they accept other types of coins, but you do not buy them, you accept them to pawn them, they must be gold and silver coins.
It may interest you: Mexican coins that are sold for up to 45 thousand pesos
What are the currencies that the Monte de Piedad accepts?
A coin with the legend “pesos” and the sign $ are accepted by the Monte de Piedad.
Bearing in mind that it only accepts gold and silver coins, we will mention which ones it accepts.
Gold coins:
- It must have the legend “pesos”, the sign of pesos ($) or the inscription “cents”.
- Foreign Gold Coins, the most common are the “American” of 5 and 20 dollars.
Silver coins:
- The “Commemoratives” with denominations of 5, 10, 20, 100 and 500 pesos.
- The silver ounces must contain the legends “Pure Silver” and “Ley .999”.
- The silver ounce coins belonging to the “New Silver Liberty Series” are denominated: 5, 2, 1, 1/2, 1/4, 1/10 and 1/20 ounce.
Curious facts about coins
- To find out if the coin is gold, look for the legends: pure gold, or .999 law
- The largest coin made of silver, weighs 1 kg. and is part of the Freedom series.
If you want to have a good loan, it is recommended that all the coins are in good condition when taking them to pawn in the Monte de Piedad.
“Follow us on Google news, Facebook and Twitter to keep you informed with today’s news.
