Foreign Coins - Coin Community Forum

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Author	Replies: 5 / Views: 1,899
kc_hhsl New Member United States 25 Posts	Posted 05/15/2011 1:45 pm Okay - I have some foreign coins. I've picked them up over the years and I doubt there is any "collector" quality coins in the lot. Could be but I wouldn't know if they were. Example - I have probably $30+ dollars in Canadian coins. Also have euros, pesos, etc. Due to where I live getting them to a place to exchange them out is difficult. Plus I'm not 100% sure a bank that exchanges foreign moneys would take this much coin at one time. Once I hit the minimum posts - what is the likelihood that these coins would sell? Just wondering. Thanks Report this Post to the Staff

epop Valued Member Greece 425 Posts	Posted 05/15/2011 2:02 pm Why don't you try ebay for your coins.? You need 250 post over here to be able to sell.That's a lot of time.Especially if your coins don't worth so much.If they are modern circulated coins, still used in their countries, then they worth exactly their exchange rate.Try xe.com Report this Post to the Staff
onejinx Pillar of the Community United States 1231 Posts	Posted 05/15/2011 6:28 pm Most banks will exchange foreign currency to US$ for a fee. I don't think the banks are too worried about the quanity you bring in. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 05/15/2011 6:36 pm Quote: Okay - I have some foreign coins. I've picked them up over the years and I doubt there is any "collector" quality coins in the lot. Could be but I wouldn't know if they were. You have to be carefull with those depending on exactly what you mean by "over the years". If those years are excessive, some of those coins could be Silver. You should really try to figure out what you have before selling or offering them for sale. Sort of like what you hear on that TV show "The Antique Road Show" where people find or get a thousand dollar item for $0.50 or something like that. Not knowing what those coins are you too could end up selling something like that. Why not start with the World Coin forum right here and start asking what they are and what they are worth. Oddly enough by the time you know all that, you will have enough posts to sell them if you still wanted to. AND there is a Canadian forum too. Edited by just carl 05/15/2011 6:37 pm Report this Post to the Staff
Bowfin Valued Member United States 296 Posts	Posted 05/15/2011 6:41 pm I've yet to see a bank that exchanges foreign coin... Currency, yes. Coin, no. Even then, the exchange rate is absurd and too costly. You would have better luck selling them on ebay or Craigslist. The lobby coin counters at TCF will take zinc Canadian pennies and cupro-nickel nickels... The Canadian pre-'97 cents and pre-82 nickels do sell for a premium because of their metal content. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 05/16/2011 02:36 am Quote: Most banks will exchange foreign currency to US$ for a fee. I don't think the banks are too worried about the quanity you bring in. Foreign exchange places won't take coin. Too heavy for the value if they have to ship it back to the country for redemption. Report this Post to the Staff
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