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- Apr 20, 2021
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I converted around USD$1500 into foreign Monopoly money a couple of years ago, and it was very fun to go to the bank and have the guy hand me a thick envelope of cash.Apparently my bank can order foreign currency at a one to one rate for an exchange for me, and I just pay a small fee for the overall thing. So theoretically I can collect foreign currency from the comfort of my own home.
So can you exchange dead currency for anything?I'm far from being a numismatist, but if I get a hold of any interesting coins I will keep them, especially if it's those silly commemorative €2 coins. Technically they're all the same currency, but they're foreign -- that's gotta count for something, right?
Top 9 are from Italy, then there's one from France coupled with one from Austria, 3 from Germany, and 3 from Greece.
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Couple of not-so-common "regular" euro coins:
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Really would like to get a hold of the Vatican's Wojtyła coins, as well as some of their commemorative coins.
Random coins and a couple of dead currencies, reverse and obverse:
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My bad for the quality of these, it's pretty dumb to say but I never realized before how hard it is to take good pictures of coins.
It's generally worth scrap value, but illegal to scrap in its country of origin. If the coins are small enough you could load them into a shotgun.So can you exchange dead currency for anything?
With some exceptions, like countries that have changed their currencies and will still exchange the old currency for the new one, typically the value of a dead currency would be zero, so you can't exchange them for anything -- best you could do is either melt the metal (depending on what material they're made of, and other legal issues with doing so) and make something off of that, or just hang on to what you have.So can you exchange dead currency for anything?
I'd like to get some drachmes and lire, are they tough to come by?With some exceptions, like countries that have changed their currencies and will still exchange the old currency for the new one, typically the value of a dead currency would be zero, so you can't exchange them for anything -- best you could do is either melt the metal (depending on what material they're made of, and other legal issues with doing so) and make something off of that, or just hang on to what you have.
The drachmes and lire in the picture are a great example of dead currencies that no longer have any value, you cannot exchange them anymore. Sometimes if the old coins look anything like newer coins, people will try to get smart and rip you off by giving you those old coins, banking on the fact that they're so similar that most people wouldn't even think twice to check their change. It's happened to me a few times with old drachmes that look like 2 euro cents.
I still have my fair share of Canadian pennies I kept since they abolished it 10 years ago.I have coins from Canada (penny is defunct now, unfortunately), the US, Korea, Japan, China, HK, Macau, Thailand, Vietnam and Phillippines.
I own a 100 German Empire Mark from 1910 and holy shit is it huge. The largest bill I own so far. Most bills are never this large nowadays so imagine my surprise.I actually want to get some Papiermark. Ideally I'd like to collect one of each note. I really love hyper inflation bills. Something about seeing actual paper money with the word "Trillion" printed on just makes me giddy. Like collecting actually monopoly money.