Greetings, Can you lead me to financial entities who purchase Mexican Bearer Bonds? I have some of the old historical Mexican bonds, i.e. 1899 Series A Orange, 1866 Santa Anna, 1843, etc. I just need a real buyer to sale them to, so that I may claim the value of the bond(s). I have heard that some of these bonds have good to great value. Can you assist me? Keith Walker 832-295-9655 azimuthcapholdings@clear.net
Try JP Morgan Chase also read here may be a clue. http://www.speculativebubble.com/terms/bearerb.shtml
Thank you. What division of JPMorgan Chase should I contact? I have sent out a few feelers to some of the European banks, i.e. ABN AMRO, UBS, Credit Suisse, etc. I have not found the coordinates to contact HSBC (Britain); there is no e-mail contact for this on their website. Any help is greatly appreciated. Thanks
I have met several people holding old Mexican bearer bonds, sadly most of them are worthless. I am attaching a press release by the Mexican Financial Ministry where it states (in spanish) which bearer bonds are worthless. I hope this helps.
Yes, the attachment can help. The popular bonds seem to have a color, i.e. orange, blue, etc. The only bonds that I am familiar with are, 1899 Series A Orange, 1904 Series A Blue, 1866 Santa Anna and 1843. From frequenting numerous broker message boards, which seem to be a waste of time because no one even knows what a bearer bond is, the aforementioned are the most wanted. I know of an owner who has a voluminous inventory of bonds, some of which, have been verifed by the Mexican Hacienda. I just need a real Buyer who can tell me what they are truly worth, and, if so, authenticate the bonds for a sale.
I wouldn't say they are worthless. They are antique collectibles now... and their market value has nothing to do with the face value.
There is a myriad of articles on-line describing wild prices for Mexican bearer bonds as being the holy grail of investment strategy as it allows to carry a huge sum of money on a bond note.
which is the holy grail for drug dealers and black-market weapon merchants. After GM and Ford stopped issuing bearer bonds, Mexican government is probably the main source of these now.