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 Replies: 16 / Views: 4,651 |
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Pillar of the Community
United States
1189 Posts |
Throughout the course of CRH and buying on ebay I've amassed a small collection of foreign coins. I've picked out anything that was silver but am still left with $50+ FV of Canadian money. I also have a bunch of other foreign coins but I'm not sure what all of them are. The oldest is mid 60's so I don't think any have much metal value. I may post a separate topic with pictures of these coins eventually. My main goal is to get rid of the Canadian coins made after 1968 (the $50+). Is there any way to cash in these coins here in the US? I would pay a small "conversion" fee if necessary. I thought about selling on ebay but after shipping and fees it's probably not worth the hassle. Any ideas or am I just stuck with these until I go to Canada someday?  |
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Valued Member
United States
422 Posts |
There used to be an add on Craigslist from a company I believe out of Vermont that would exchange the Canadian currency for ya. I haven't seen the add in awhile but, not saying they aren't there anymore. Ive never used their services so not sure what the cost would be to you. If I find their ad I will post it here.
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Pillar of the Community
United States
632 Posts |
I don't know if you're going to be able to get around paying a fee if you do do a conversion here in the U.S. I live in Maine so I get a great deal of Canadian change. Quarters, nickels, dimes, and cents are all traded at face value here. However, If I had a sack of change and asked the back to give me a fifty dollar bill for it they would likely charge me a fee because it costs them money to move that much coinage back across the boarder.
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Pillar of the Community
 United States
1189 Posts |
We are planning a trip to the US side of Niagra Falls sometime this year. I don't have a passport though so I wouldn't cross the border. Maybe I can exchange them on the us side. Would they accept that much in coins or would I need to roll it? Would they take other foreign country coins too? Thanks!
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Valued Member
United States
186 Posts |
I bet someone here in the US would buy them for face, guys at my coin club go crazy for Canadian because most people don't know the rarity of some newer Canadian coins. example . Like today I bought a 2000 P Canadian nickel for 4 bucks off ebay. no one in the whole US had one. maybe you could put it on the member sales area and say what you got and want - snowman |
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Bedrock of the Community
Australia
21788 Posts |
Do you know anyone who is headed North of the Border?
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Bedrock of the Community
United States
20753 Posts |
I too have a large box of those. I too just don't know what to do with them and I really don't know what most of them are. I'll leave a not in my will for someone to figure it out.
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Rest in Peace
United States
17900 Posts |
I'd place an ad here on this forum for face plus postage.
Since you haven't searched for errors someone might take a shot at them hoping to find a goody or two.
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Pillar of the Community
Canada
3049 Posts |
I have frequently and often bought Canadian coins when I travel in the U.S. I recently made a deal with GR58 who met up with my parents (they snowbird in his neck of the woods) and I bought a few rolls off of him as well... You're options are very limited.. the banks and other businesses in the states don't want to accept Canadian coinage ... You can either wait for a time when you or someone you know crosses the boarder and then exchange it for either Canadian or U.S. currency at any bank... You can try to sell it on ebay - but the cost of shipping will be aweful! You could try to sell to Canadian tourists who will return back to Canada. Finally depending on where you're located ..... you could message me.. if it's close to one of the places in the U.S. I visit, I would buy it from you as well. Just an FYI in almost all those options you probably will not get anywhere near face value for the coins. Currently with the exchange rate between the dollars for coin exchange, a fair and reasonable rate would be somewhere around 50% of face. |
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Pillar of the Community
United States
1211 Posts |
Some very bizarre responses in this thread... You would exchange CAN-USD the same way you would exchange any type of currency. You pay the exchange rate plus a commission. Of course, most exchange vendors do not deal in coins below 1 euro/dollar, etc. There used to be a place in Philadelphia that exchanged foreign coins. Try http://sansomcoinexchange.com/ |
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Pillar of the Community
Canada
1747 Posts |
Have you actually looked at coinsandcanada.com to make sure you don't have some valuable coins? also if you let us know which state you are in, it would be more helpful. most Canadians live close to the border and a large portion travel in to the US (1 go 2x a month).
You might be able to swing a deal, however I don't think you are going to sell at par, you may take a bit of a loss.
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Pillar of the Community
United States
1373 Posts |
Most 'normal' banks in my area will not take ANY foreign cash/coins for any reason; only specific branches will exchange '?' coins for US coins. I also get a good quantity of Canadian coins in various ways, and the last couple times I crossed the border I used coinage to pay for the tunnel rates both ways. I've also gone to a Currency Exchange to get my Canadian transferred to US cash, but they only accepted full coin rolls (no odd amounts). On May 1st, the Windsor Coin Club is having another coin show so I'll be bringing all of my disposable coins to use there; and again, for the toll booths. |
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Pillar of the Community
United States
6130 Posts |
Will they fit in a USPS flat rate box? Those cost $5 and change to ship, and I have seen bids go above the exchange rate if you throw in a couple BU coins. Just start the bidding a little below exchange rate to get some competition going.
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Pillar of the Community
United States
606 Posts |
Most decent size cities and airports have currency exchangers. You will not get full exchange rate but it should be close.
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Bedrock of the Community
United States
17884 Posts |
Quote:
Most decent size cities and airports have currency exchangers. Yes but they don't accept coins, paper only. I did some searching and found two places that will exchange them. One really only wants the larger denomiations. For those they will pay $0.54 per canadian dollar. Smaller denominations they buy at $3/kg. The other one takes all denominations and they pay $0.57 per canadian dollar. You probably still have to pay shipping. Foreign Exchange rate right now is $1 canadian = $0.75 The second site is http://www.webuyeuros.com/The website says they are on vacation right now from 2/29/16 through 5/1/16 Disclaimer: I have no connection, financial or otherwise with the company. Edited by Conder101
03/05/2016 10:54 am
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Valued Member
United States
175 Posts |
Try a casino. If not, maybe your LCS? I'm sure they would have the ability of exchanging it. Especially if they are a bullion dealer.
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Replies: 16 / Views: 4,651 |
Posted 03/03/2016 10:50 pm
