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Foreign Paper Money ?

 
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Author Previous TopicReplies: 8 / Views: 1,679Next Topic  
New Member

United States
42 Posts
 Posted 06/16/2019  3:09 pm Show Profile   Bookmark this topic Add Hess4 to your friends list Get a Link to this Message
I was recently given some foreign coins and paper money. I have no clue whatsoever about any of them being I'm a newbie in US coins and I was wondering if y'all could take a look and tell me if any are worth anything?
Thank you for any and all input in advance!
> Tracy







Valued Member
United Kingdom
231 Posts
 Posted 06/16/2019  3:58 pm  Show Profile   Bookmark this reply Add Collector28 to your friends list Get a Link to this Reply
1 - English £5 note, George Stephenson. The chief cashier is Graham Kentfield, who held this post from 1991 to 1998. These can attract some premium, but in this condition that is virtually gone.
2 - Swiss 20 francs, Arthur Honegger. 8th series. First issued in October 1996. Don't think there's much collector value here either unfortunately.
3 - Italian 50000 lire banknote, Gian Lorenzo Bernini. First issued in 1992. Very little value to this one, unfortunately.
4 - Italian 1000 Lire banknote, Maria Montessori. First issued in 1990. Quite worthless too, sadly.

All are obsolete, but I think they can all still be exchanged. The first 2 carry some value in that respect, especially the second. I know you can exchange the British for face value (about $6.30, but when you factor in the cost of getting it to the bank of England probably not worth it). I assume the same is true for Swiss (which would be about $20.02 - fees incurred) but I'm not totally sure.
Edited by Collector28
06/16/2019 4:00 pm
Bedrock of the Community
United Kingdom
11653 Posts
 Posted 06/16/2019  4:02 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
Hi! The first banknote is an obsolete Bank of England Series 'E' five-pound note issued in the early 1990s and signed by Chief Cashier Kentfield. In that condition it's worth nothing to a collector, but it can still be exchanged for face value at the Bank of England in London.
Details here: https://www.bankofengland.co.uk/ban...ld-banknotes
Edited by NumisRob
06/16/2019 4:04 pm
New Member
United States
42 Posts
 Posted 06/16/2019  4:06 pm  Show Profile   Bookmark this reply Add Hess4 to your friends list Get a Link to this Reply
Thanks guys I really appreciate it!
New Member
United States
42 Posts
 Posted 06/16/2019  4:09 pm  Show Profile   Bookmark this reply Add Hess4 to your friends list Get a Link to this Reply
I really wish they would have taken better care of them for sure!
Pillar of the Community
United States
2589 Posts
 Posted 06/16/2019  8:52 pm  Show Profile   Bookmark this reply Add XavierOfGreen to your friends list Get a Link to this Reply
The 50,000 Lire goes for $7 or $8 on ebay the 1000 Lire would go for $1
Pillar of the Community
United States
4706 Posts
 Posted 06/17/2019  2:05 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply
You might be surprised at how many bank branches in the U.S. will redeem foreign currency, especially instruments like the U.K. & Swiss notes. You may not get the full exchange value, but it can be done.

Colligo ergo sum
Pillar of the Community
Canada
1871 Posts
 Posted 06/17/2019  3:47 pm  Show Profile   Check walk2dwater's eBay Listings Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
You might be surprised at how many bank branches in the U.S

- I was just going to chip in on this (the banks take quite a few foreign notes these days). We also have foreign exchange outlets which would normally take them- but sometimes when they're older series- will not take them (I had this with my Swedish notes).

Quote:
The 50,000 Lire goes for $7 or $8 on ebay the 1000 Lire would go for $1

-in the condition these notes are in? I find that hard to believe.
Anyway, welcome to CCF "Hess4" & if you're interested in world currency, you may want to check out ebay as there's lots of uncirculated notes out there (& 4 pretty cheap)
Valued Member
Canada
474 Posts
 Posted 06/17/2019  8:12 pm  Show Profile   Bookmark this reply Add ShareBear to your friends list Get a Link to this Reply
Agreed in even in this condition "The 50,000 Lire goes for $7 or $8 on ebay the 1000 Lire would go for $1"

The Swiss Francs are still exchangeable but Switzerland is one of those countries that demonetizes their older series after a few years. Once demonetized they are worthless. However there is a proposal to change that and keep their currency worth face value forever like Canada and the US.
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