can I sell foreign currency in the us?
March 19th, 2010
i just came back from the uk and have a lot of coins which i didn’t exchange before leaving the country. can i post the coins on say craigslist and sell them to someone? the amount is approximately $32us. thanks for everyones help
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Banks do not want to trade in foreign coins. Keep them for a souvenir, or sell them to someone heading out to the UK .
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No, you’d be best off going to a bank in a big city and trying there… or just hold on to them because the dollar is relatively strong right now to where it will be in say… a year. It’s all cyclical.
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Just exchange them at the foriegn exchange booth at any airport.
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If you take your money to a federal bank, they can exchange it there. There should be one in the closest major city to where you are.
If your curious about the exchange rate, check out http://www.xe.com and click on their currency converter.
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yes you can sell them any way you like foreign currency is an investment a bank or personal investor will want them. I used to do that sort of thing
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trading in the foreign exchange is most of the time rather simple and plain sailing, however it can be risky if you are looking for big profits, I suggest you read as much on the subject and find good articles before doing it, one free resource site I particularly like is this :
http://umgarticles.atspace.com/forex-trading.htm
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Yes you could sell them on e-bay or take them to any airport exchange both or take them to the federal reserve bank.you could find a coin club near you someone will buy it for sure .
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