Does anyone know where I can exchange foreign currency in the form of coin?

Question

I am trying to exchange my foreign currency (Mexican pesos to US dollars) but it is in the form of coin, and the banks will not accept it. Is there a place that accepts foreign currency in the form of coin to exchange into US dollars?

Answer 1

It's difficult to exchange your foreign coins to dollars. Only in certain circumstances, like for instance if you're exchanging your banknotes at the same time, then the forex guy might accept your coins at half the value or to round up the dollars. And that's only if your coins are in the higher denominations.

But why exchange the coins? Keep them as souvenirs from your vacation, or pass them to your relatives or friends who collect coins. Or pass them to someone who's going to Mexico, like suggested by another here. What means little to you, can mean a lot to another. Make someone else happy today.

Answer 2

To move $10,000 or more across the Canadian border, you must inform the border authorities. This is a formality, as there is no law at all restricting the amounts you can move. You could take a million across, in cash, if you wished. They keep records mostly to help combat money laundering, but, they will not prevent the flow of cash at all. It is highly unusual for a Currency Trader to deal in coins, but, Canadian Gold coins are certainly traded overseas, as they are the best quality (.9999) in the entire world.

Answer 3

No one will exchange coins due to the weight. Most airports have places where you can donate them to before leaving. Give them to a friend who is going to Mexico.

Answer 4

Try an international airport.

Answer 5

contact the united states treasury, or try the link i listed bellow
http://www.comparecurrency.com/

Answer 6

I will take all your coins.

Drop me a line.