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why are dos pesos, the cutest gold coin, so expensive
| startling dilemma associate | 05/23/24 |
| Brindle aphrodisiac institution ratface | 05/23/24 |
| startling dilemma associate | 05/23/24 |
| Brindle aphrodisiac institution ratface | 05/23/24 |
| startling dilemma associate | 05/23/24 |
| Brindle aphrodisiac institution ratface | 05/23/24 |
| startling dilemma associate | 05/23/24 |
Poast new message in this thread
Date: May 23rd, 2024 1:31 PM Author: startling dilemma associate (http://www.autoadmit.com/thread.php?thread_id=5531849&forum_id=2#47686151) |
Date: May 23rd, 2024 1:35 PM Author: Brindle aphrodisiac institution ratface Link? (http://www.autoadmit.com/thread.php?thread_id=5531849&forum_id=2#47686155) |
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Date: May 23rd, 2024 1:36 PM Author: startling dilemma associate https://sdbullion.com/mexican-2-pesos-gold-coin-random-year (http://www.autoadmit.com/thread.php?thread_id=5531849&forum_id=2#47686160) |
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Date: May 23rd, 2024 2:14 PM Author: Brindle aphrodisiac institution ratface I hear ya, man. So you really want that coin? I don't collect coins or buy gold. I was only curious. But I wanna help out so here's AI response to you:
The Dos Pesos Mexican gold coin is considered valuable and can be relatively expensive for several reasons:
1. Gold Content
Intrinsic Value: The coin is made of gold, a precious metal with significant intrinsic value. The price of gold fluctuates based on market conditions, and this directly affects the value of the coin.
Purity and Weight: The Dos Pesos coin typically contains 1.666 grams of gold with a purity of 90% (0.0482 troy ounces of pure gold).
2. Historical and Numismatic Value
Historical Significance: Coins minted in the early 20th century (first minted in 1919) can have historical significance, which adds to their collectible value.
Rarity: Some mint years and conditions of the coin are rarer than others. Collectors value these coins more highly due to their scarcity.
3. Condition and Grading
Condition: Coins in better condition (uncirculated or with minimal wear) are more valuable to collectors.
Grading: Coins that have been professionally graded and certified by organizations like PCGS or NGC can fetch higher prices.
4. Demand from Collectors
Numismatic Demand: The demand for Dos Pesos coins from coin collectors can drive up prices, especially for coins in good condition or from specific years.
Gold Investors: Investors looking to diversify their portfolios with small gold coins also contribute to the demand.
5. Aesthetic and Cultural Appeal
Design: The intricate design and historical motifs on the Dos Pesos coin can attract collectors and investors.
Cultural Significance: The coin holds cultural value for those interested in Mexican history and heritage.
Conclusion
The Dos Pesos Mexican gold coin's value is influenced by its gold content, historical and numismatic significance, condition, and market demand from both collectors and investors. These factors together contribute to its relatively high price compared to its face value. |
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Date: May 23rd, 2024 2:17 PM Author: startling dilemma associate they're just cute and it's fun to hold a handful of them. but with spot at $2300/oz they can't be had even though they're bullion coins except for the equivalent of $2900/oz (http://www.autoadmit.com/thread.php?thread_id=5531849&forum_id=2#47686192) |
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Date: May 23rd, 2024 2:44 PM Author: Brindle aphrodisiac institution ratface How hard is it to get some cheap gold and recreate that stuff? (http://www.autoadmit.com/thread.php?thread_id=5531849&forum_id=2#47686286) |
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Date: May 23rd, 2024 2:46 PM Author: startling dilemma associate the dos pesos are government gold, so impossible. you could do a non-government knockoff round but the value would be significantly less (http://www.autoadmit.com/thread.php?thread_id=5531849&forum_id=2#47686300) |