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Replies: 19 / Views: 4,160 |
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Pillar of the Community
Canada
2519 Posts |
My friendly teller suggested that I go to a currency exchange to find old bills, since it is only once in a while that they get them. She said foreigners bring old bills to spend here and when they have left overs they exchange it back to their country's money before returning.
Anyone tried this before? I've never went to a currency exchange before, should I try this out myself?
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Pillar of the Community
Canada
726 Posts |
I have not heard of such a place in SK...maybe one in toronto....?Here for sure the normal banks handle people before they go on trips..
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Pillar of the Community
Canada
1747 Posts |
These places are normally only where there are high amounts of international tourists. Look around airports, or major tourist destinations.
I never thought of this myself, but sounds possible.
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Pillar of the Community
 Canada
2519 Posts |
There's a mall here called Square One, I think there is a currency exchange there since it's a big mall. Airports are pretty obvious places but I can't go there unless I have a flight because it's far.
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Pillar of the Community
 Canada
9866 Posts |
Not likely to find old bills their. Tourists and recent immigrants using these services to send money home,haven't been here long enough to acquire old bills generally. You'd probably be better off to widen the circle of banks you deal with.
"Dipping" is not considered cleaning... -from PCGS website
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Pillar of the Community
 Canada
2519 Posts |
I guess it is a bit far fetched. I'll try more banks then. Just wondering if anyone's tried this before though?
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Pillar of the Community
United States
593 Posts |
When I was in Indonesia earlier this year I bought a silver 1 Guilder Dutch coin from a street vendor for the US equivalent of $6. He also sold me a 1985 series US $10 bill for the equivalent of $9 he must have thought it was demonitized
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Pillar of the Community
Canada
3049 Posts |
I have plans of visiting a currency exchange in our local airport... if for only to pick up foreign currency.... I heard it's a great place to pick up paper from other countries that can be in UNC condition.... but while I'm there it's never a bad idea to ask if they have any old canadian bills...
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Pillar of the Community
 Canada
2519 Posts |
You're lucky santafeboy! Which part of Indonesia did you go to? Dutch currency are near impossible to come across because the hobby of numismatics isn't that big in Indonesia. I have some of the 1/4 sen pieces back home, gifted by my grandma. In Indonesia inflation goes up very fast, stuff gets demonetised very quickly. I once did the calculations, a coin denomination only lasts 17 years on average before being withdrawn. I did the calculations for the bills too but I forgot how long they last. Now you can only get candy for Rp. 100,-. Four or five decades ago you can get a bowl of meatballs for Rp. 200,-  In fact I own a lot of demonetised Indonesian coins, I was saving all the brass issues that I could find in circulation just because they're rare. You'll get the aluminium coins most of the time. I recently read in the Bank Indonesia archives, that some Rupiah coins I own had been withdrawn and demonetised two years ago, and the rest will be demonetised in two more years. Just saying, US$9 is slightly more than Rp. 100,000,- earlier this year, and in Indonesia that is big money. If you can get a meal for less than Rp. 10,000,- (well it's actually closer to Rp. 5,000,-) then just imagine how big of a money a Rp. 100,000,- bill is. Inflation now has pushed the Rupiah exchange rate much lower, 1 C$ is now Rp. 12,000,-.  The competition for election of who's going to be president is pushing the economy down even more, not to mention the current president sucks  And now one of the new candidate is a subordinate of a "dictator" and if he ever becomes president it's over for Chinese Indonesians  I am mad he is allowed to run as a candidate!  Sorry for my rant, it's just the economy is awful now, and the country is pretty much in chaos  If anyone is offended, I will remove it. Ag, I'm not too interested in foreign currency, but if you can find Unc ones that's great! I'll see if there's a currency exchange near me. I'm going to leave Canada in 3 weeks through an airport, I'll try asking there too. I won't be returning until September.
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Pillar of the Community
United States
593 Posts |
Hi Slur Exec I bought this stuff in Medan Indonesia The Guilder was a 1929 which I understand is 72 per cent silver it was the only silver this gentleman had. As for Indonesian currency I was able to purchase all denominations from 1000 Rupiah to 100000 in unc condition at the airport in Medan. The Indonesians are a very hospitable and friendly people who where happy to provide me with mint state examples of there bueatiful currency
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Pillar of the Community
 Canada
2519 Posts |
I agree about Indonesians being very friendly, it is a part of our culture. There is a part of it called "gotong royong", which means helping each other  Can't say the same thing with government though, most of them are corrupt.  We've only just had the first governor who actually worked to build the city in the so many people who held the position. And yes, even though I'm here, I still follow the news and discuss them with my Indonesian friends. You can get Unc bills easily in Indonesia, or at least back then, you can just ask from a bank. I remember when the Rp. 100,000,- bills were plastic and they were about to make a new design (they switched back to paper for some reason), my mom bought a bundle of these uncirculated plastic notes from the bank, just to keep. Same with the Rp. 100,- with the boat and Rp. 500,- with the orangutan before they stopped producing them. I only used two banknote series in my lifetime, but the last series I used them when I was really young and don't remember too much about them. They don't print Rp. 1000,- bills anymore now, they've replaced it with a light nickel-plated steel coin. Back then when the bills were circulating along with the thick and heavy bimetallic coins, you almost never see the coins circulating, I saved every one of them I find. I still have some of the bills at home, but with a wallet fold down the middle. That was from my non-collector, but hoarder years. I still have Rp. 150,000,- with me, left over from paying airport tax. The Rp. 100,000- bill has four separate pairs of stapler holes on them. Just realised it's a 2004 printing, no wonder it's so shabby.  I'll try getting some Unc Indonesian notes when I go home. I plan on going to a currency museum too. I'll try currency exchanges if I can, but I doubt there's much good unless I'm in Bali or something.
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Pillar of the Community
Canada
3692 Posts |
In my experience, Canadian airports have very expensive exchange rates when compared to the airports in Mexico. I don't know about other places but that's that. You'll often get 10% more. Just be careful because some of these places are corrupted and regularly get shut down by the police - yeah police actually doing their jobs, it's that bad.
So anyways, if you're travelling, make sure to compare airport exchange rates with those of other places in the city. Often it's not worth driving down to the airports because gasoline will eat up any money you save by going there, so take advantage once you're there, and ask around.
I doubt you'll find any old Canadian bills - that's odd. You can get UNC foreign notes in your own country.
Banks do foreign exchanges also, but at very unfavourable and unfair rates.
Try casinos?
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Pillar of the Community
 Canada
2519 Posts |
I'll look up exchange rates before I try then. I don't drive either, so I have to take the bus going anywhere that's far. I do know changing currency in banks is always expensive. In Jakarta there's one street I know that has several currency exchange places close to each other, probably competing so prices won't be too high. But old bills are withdrawn in Indonesia, they don't remain legal tender for too long, so there's pretty much zero chance to find those in circulation. Indonesian money has some sort of "expiry date" once they stop printing them, they will demonetise it in a few years and you can't even exchange those for new bills from the government (I think this last bit is silly). The only old bill my mom found in circulation several years ago was a smelly 1992 from the fishmonger.
I can't really go to casinos, I'm underaged. Maybe in a couple more years.
I am leaving Canada by the end of this month so I'll be at an airport. I'll see if I come across a currency exchange there.
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Pillar of the Community
Canada
3692 Posts |
Keep a notepad. Write down the places, dates, and rates, and the official rates. If you have a relative that gets a preferred rate from their bank have at it. Are there still coin arcades to be found in Indonesia? I'd hunt there for coins unless it's all tokens or cards.
I love it when certain streets are dedicated to doing one thing very well. :)
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Pillar of the Community
 Canada
2519 Posts |
I don't have a relatine near where I am now, so no special rates for me. I will find the rates before I leave just so it wouldn't have time to change too much yet. Don't think there are anymore coin arcades. All that I've seen are token run now, and it's only the games where you have to drop a token into a machine, and let your luck decide where it will land. I've never made a jackpot on that thing, I think it might be rigged or something. And to get those tokens you need something I can describe as being an "arcade debit card". You pay cash to fill that card, and you can swipe the card on the machine if you want to play. There aren't many good coins in Indonesia now anyway, so hunting for them won't do much good. The brass ones have mostly been taken out of circulation and demonetised, all there is now is the worthless aluminium ones. I like it too when a lot of the same business clusters at one spot, that pushes prices down due to competition 
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Valued Member
Canada
190 Posts |
I work at airport in Toronto and have asked one of the girls about a year ago and still nothing. we do talk but there is very little that comes in in the way of old money
Still looking.
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Replies: 19 / Views: 4,160 |