Can I Exchange Foreign Coins?

by | Last updated on January 24, 2024

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Can I exchange foreign coins?

Websites such as Leftover Currency, Cash4Coins and Foreign Money Exchange can offer better exchange rates than banks, foreign exchange bureaus or the Post Office

. They exchange hundreds of global currencies as well as withdrawn and discontinued foreign notes and coins.

Do banks exchange foreign coins?


Many banks offer currency exchange to their customers

. Though there may be a small fee, your bank or credit union will almost always be the best place to exchange currency (and the cheapest).

Does anyone exchange foreign coins?


Some large banks also offer currency conversion services, for a fee

. The best chance of converting foreign coins is to check with a bank in the country you’re visiting, before traveling home. Or ask around at local banks in the U.S. to determine which offer coin conversions. Many exchange only paper currency.

What to do with leftover foreign coins?

  1. Give Them As Gifts. Think about the people in your life and consider if they’d enjoy receiving a coin or two. …
  2. Donate Them to Charity. …
  3. Make Coin Magnets. …
  4. Head to Starbucks. …
  5. Store Them Away. …
  6. Loan Them to Friends. …
  7. Trace the Coins. …
  8. Line a Picture Frame.

Can you exchange foreign coins at the post office?

How to use our currency buyback.

Use our branch finder and select “foreign currency” under ‘products and services’ to find your nearest branch

. Just head over with your money and we’ll buy it back. Over 2,500 branches won’t need to see your purchase receipt, but smaller ones will.

Does Coinstar accept foreign coins?


Coinstar cannot accept Eisenhower silver dollars, 1943 steel pennies, pure silver, commemorative or foreign coinage

. They may not be recognized by our kiosk or returned to you. Items such as keys, jewelry and other valuables should also not go into the kiosk.

Where can you exchange foreign coins for U.S. dollars?


Local banks and credit unions

usually offer the best rates. Major banks, such as Chase or Bank of America, offer the added benefit of having ATMs overseas. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

Who will buy foreign coins?


PGS Gold & Coin

will buy your foreign coins from every country in the world. We buy silver coins, gold coins, commemorative coins, historic coins, collectible coins, and coin sets. We will also buy demonetized coins and currencies that no longer hold monetary exchange value from any bank.

Where can I sell my foreign money?

If you like to plan ahead and want to exchange currency in the U.S.,

your bank or credit union

will be your best bet. They have access to the best exchange rates and usually charge fewer fees than exchange bureaus. Most big banks sell foreign currency to customers in person at a local branch.

Does Walmart exchange foreign currency?


Walmart will not accept or exchange foreign currency

and will no longer exchange foreign currency. Nevertheless, there are some banks situated inside Walmart stores that exchange foreign currency, such as Rockwell National Bank and Woodforest National Bank, which require you to be a customer to obtain the currency.

Which charity will take foreign coins?

  • Royal British Legion Industries.
  • Marie Curie.
  • RSPB.
  • Cure Leukaemia.
  • Dreams Come True.
  • Tibetan Education and Relief Association.
  • Sue Ryder.
  • The Prince’s Trust.

Can I exchange euro coins?


Coins from 1 cent to 2 Euros are legal tender in the Eurozone

, although in some countries the 1 and 2 cent coins are no longer accepted in shops. Banks and bureaux de change outside the Eurozone don’t exchange Euro coins, only banknotes. However, we give cash for all Euro and cent coins.

Are my foreign coins worth anything?


Most foreign coins aren’t worth more than their face value

, but old (more than 100 years old) and rare coins could be worth a lot of money. And just like domestic coins, the condition of the foreign coin is of paramount importance.

Does Post Office take bags of coins?

Coin deposit

Bank notes must be grouped by denomination and you can pay in up to £250 of coin per deposit –

your account manager can provide you with coin bags

. When paying in coin, coins below £1 must be in full bags: 50p and 20p: £10 bag, 10p and 5p: £5 bag, 2p and 1p: £1 bag.

Does the post office buy back foreign currency?


If you bought your foreign currency at the Post Office, just show your receipt and we’ll buy back all your leftover travel money commission-free (notes only)

.

Where can I change my coins for cash for free?

  • QuikTrip. As a convenience store and gas station, QuikTrip wants to help you cash your coins for free. …
  • Bank Of America. Another place where you can cash your coins for free is at Bank of America. …
  • Wells Fargo. …
  • US Bank. …
  • CVS. …
  • Kroger. …
  • Meijer. …
  • Walmart.

Does Bank of America exchange foreign coins?


No. Bank of America does not offer or accept foreign coins

. Any Bank of America customer can exchange foreign currency at any financial center.

Will US bank exchange foreign currency?


Foreign currency exchanges need to be done at a U.S. Bank branch

. We encourage you to make an appointment to allow time for questions and processing.

Does US bank exchange coins for cash?


Our branch cash services can process your cash deposits or provide coin and currency at your locations

.

Does anyone buy old foreign coins?

Foreign Coin Buyer –

we buy ANY foreign currency


At Cash 4 Coins

we are different! We are a foreign coin buyer who will purchase ANY foreign coins and notes (even obsolete ones like Spanish Pesetas) and pay you in Sterling. We will even buy old British and Irish coins as well as any pre-decimal coins and notes.

How can you tell if a foreign coin is silver?

The best way to determine if your coins are silver is to view the edge of the coin.

If the coin has a solid silver stripe, then you can feel confident that it’s silver

. If you can see a copper stripe, then the coin is clad.

Which foreign coins are silver?

Coin Composition ASW (oz.) Mexico Silver 50 Centavo (1950-1951) 30% Silver 0.0642 Mexico Silver Peso (1866-1914) 90.3% Silver 0.7859 Mexico Silver Peso (1918-1919) 80% Silver 0.4663 Mexico Silver Peso (1920-1945) 72% Silver 0.3856

Can you exchange foreign currency at an ATM?

The exchange rate that you get from a foreign ATM is likely to be a better deal overall than what you would get from an airport kiosk, but

ATM fees can add up

, so make sure you’re taking out enough cash to be worth the fee.

What banks exchange foreign currency for U.S. dollars?

  • America First Credit Union: Credit union members may visit select branches to exchange up to $5,000. …
  • Bank of America: Bank of America customers may exchange up to $10,000 online or over the phone. …
  • Citibank: You can call or visit a branch to exchange over 50 types of currency.

Does Wells Fargo exchange foreign money?

As you start your trip, having local currency on hand lets you easily cover immediate expenses without needing to hunt down a currency exchange office. On your return,

we can often buy back unused foreign currency cash at a Wells Fargo branch

. We offer more than 70 currencies available for use in over 100 countries.

Does Chase Bank exchange foreign currency?


Chase Bank buys and sells foreign currency at the mid-market exchange rate

in the foreign exchange market, which is the exchange rate you’ll find on any given day via Google or Reuters. However, like most banks, Chase sells foreign currency to customers with a margin added onto the exchange rate.

What can you do with old foreign coins UK?

  • Try taking them to your local charity shop as many charities accept old and foreign coins to help raise valuable funds.
  • Oxfam shops accept stamps, coins, banknotes and other collectable items like medals and badges.

How can I change euro coins to UK?


Exchange at a Fourex Kiosk

In Great Britain, these are kiosks where you can exchange your money, including coins. If you are looking for a quick, easy way to convert your leftover coins into US Dollars, Euros or Pounds, the Fourex kiosks are the way to go.

Does Tesco exchange euro coins?

Which foreign coins are worth good money?

  1. Sestertius of Hadrian, Ancient Rome. …
  2. 100 Ducats, Sigismund III Vasa, Polish-Lithuanian Commonwealth. …
  3. 723 Umayyad Gold Dinar, Umayyad Caliphate. …
  4. Edward III Florin, England. …
  5. Athenian Decadrachm, Ancient Greece. …
  6. Single 9 Pond, South Africa. …
  7. Canadian $1 Million Gold Leaf, Canada.

Which foreign coins are most valuable?


Ummayad Dinar

(Middle-East), $5 Million

The Ummayad Dinar ranges back to 723 AD and is possibly the rarest coin in the world (and one of the most expensive coins to ever be sold at auction).

Which coin is worth the most money?

Where can I take bags of coins?


Metro Bank

has free coin deposit machines that anyone can use, even if you’re not with Metro Bank. There is a ‘Money Magic Machine’ in every branch that will count your coins. If you’re a customer with a contactless card, you add the total straight to your account.

Can I deposit coins at a Post Office?


You can pay in both notes and coins at a Post Office® counter

. Cash deposit limits vary.

Can I pay coins into my bank account?

Take it to your bank


Some banks now have coin machines that let you pay in your spare change without needing to sort it first

. Not all banks offer these machines, and even those that do might not have one in your local branch. However, they should be able to take your coins if you sort them yourself.

Where can I sell rare foreign coins?


PGS Gold & Coin

will buy your foreign coins from every country in the world. We buy silver coins, gold coins, commemorative coins, historic coins, collectible coins, and coin sets. We will also buy demonetized coins and currencies that no longer hold monetary exchange value from any bank.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.