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Foreign money

We used to travel out of country every other year. So we have a nice size collection of paper money from around the globe. The money from countries that no longer exist or changed over to the euro, Is the old or not used any more money worth anything?
Or should I just make a wall hanging out of it all and be done with it? Also have a rather large jar of foreign coins. Some from countries that no longer exist. Any thoughts?

Comments

  • Serial_no_8Serial_no_8 Posts: 414 ✭✭✭
    edited May 22, 2023 7:10AM

    @kevincaron said:
    ... The money from countries that no longer exist or changed over to the euro, Is the old or not used any more money worth anything?
    Or should I just make a wall hanging out of it all and be done with it? Also have a rather large jar of foreign coins. Some from countries that no longer exist. Any thoughts?

    Like any collectible, the answer lies in the condition (& what) you have saved. 95-99% of the what when it comes to coins/notes are the common "garden variety" & typically not worth "a premium" above face value (FV). Occasionally, we stumble on a rare signature combo or prefix but this is unlikely. So that leaves condition which when circulated is usually pretty grim.

    You'd have to post pictures if you want a decent assessment (or more accurate opinions) but from the fact that it is a "globe-trotting" acquisition, I'd lean to FV minus the charge of exchanging it back to your currency. Take what you have to the bank & see if they will exchange some of it. Or, offer the notes online, but do it sooner rather than later since there's a bit of interest in World currency right now (& who knows how long that will last). The other option is gifting it (or as you put it- make a wall-hanging).

    BTW: you may wish to try posting image on NUMISTA where there are more world currency collectors

  • Thanks Serial_no_8 Posts,
    Will check out NUMISTA and see what's going on over there.

  • MrEurekaMrEureka Posts: 23,835 ✭✭✭✭✭

    Some pre-euro currencies can still be exchanged for euros. Google can provide the details.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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