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Discussion: I'm quite sure that 500 pes...

in: CleverSky; CleverSky > 2016-09-03

Sep 6, 2016 12:45 PM # 
I'm quite sure that 500 peso note is "old pesos" and therefore virtually worthless. Though not totally worthless, if 500 "new pesos" are worth $27, then 500 old ones are worth 2.7 cents. And it's in such bad shape I can't see it attracting much attention on E-Bay. See here, they had a big remonetization in the early 90s.

Sorry to dash your hopes. I think all of the cash handed out was in the same boat. I thought about tossing in a few loonies, but I think they are still worth a little something... :-)
Sep 6, 2016 3:39 PM # 
I need to check the date on the bill, but I suspected that was the case anyway. As a onetime numismatist, it still holds interest for me. And a 1000-fold devaluation is nothing compared to what happened to currencies like the Yugoslav dinar.

But you never know, with an opening like, "Hola, puta analfabeta..."
Sep 7, 2016 2:19 PM # 
Yeah, 1984. It was in decent shape before I put it in my pocket and ran the night-O.

This discussion thread is closed.