what does one do with euro change?

pontiacinf · April 17, 2008 7:31AM

I have about $400 face of euros in a book and a jar from my trips to amsterdam. The book I can probably
sell on bst, but what does one do with loose euros, is there a euro coinstar machine?

rgCoinGuy · April 17, 2008 7:36AM

I believe one euro is worth over a buck fifty, you may need to take them to a money exchange place, or a bank that will credit you the 600 or so bucks they are worth.

OPA · April 17, 2008 7:42AM

<< I believe one euro is worth over a buck fifty, you may need to take them to a money exchange place, or a bank that will credit you the 600 or so bucks they are worth. >>

You are correct Sir....One Euro is worth $1.58 ....

BECOKA · April 17, 2008 7:45AM

Many banks will exchange it for a small fee. Just call a few till you find one that is friendly.

agentjim007 · April 17, 2008 7:49AM

banks only exchange paper money. dump them on ebay.

CaptHenway · April 17, 2008 7:58AM

Call around to some coin shops. We buy them in at 2/3 face value, and the boss carries them to Europe when he goes to coin shows there.

BECOKA · April 17, 2008 8:03AM

<< Call around to some coin shops. We buy them in at 2/3 face value, and the boss carries them to Europe when he goes to coin shows there. >>

That is less than half of it's full value.

mcheath · April 17, 2008 8:06AM

I think they factor the exchange rate and give 2/3 face or 2/3 of $1.58 per euro. I could be wrong though.

messydesk · April 17, 2008 8:10AM

PM sent.

291fifth · April 17, 2008 8:17AM

Foreign coins are generally not accepted for exchange here in the US. Take them with you on your next trip to Europe and make sure you spend all of them.

500Bay · April 17, 2008 8:52AM

I'd keep it for your trip to the Euro zone. It is not worth the high commission you would pay to exchange coins.

I'm going to Italy next month, if you are near Philly I'll take them off your hands.

mach19 · April 17, 2008 8:55AM

I have a Idea Bill, Go back to Amsterdam & dump it in a coinstar machine over there.

P.S. no need to thank me

Have a good one!!!

nutz4coinz · April 17, 2008 8:57AM

Save it for your next trip yo Amsterdam. Though its all legal there, it aint free!!!

LanLord · April 17, 2008 9:14AM

<< 

<< Call around to some coin shops. We buy them in at 2/3 face value, and the boss carries them to Europe when he goes to coin shows there. >>

That is less than half of it's full value. >>

Is it my math or does this not make sense? How is 2/3 less than 1/2?

farthing · April 17, 2008 9:16AM

My last trip through Amsterdam earlier this month I dumped a sandwich bag full of small denomination euros (20 cents and below) in one of the charity buckets. They do accumulate quickly!

For the higher denomination euros, I just make sure I carry 5-10 euros worth at all times when I'm in the Euro zone. Great for purchasing coffee or sandwiches, but this does lead to those pesky small change euros. Tip jars at coffee houses are another place to dump these.

cmerlo1 · April 17, 2008 9:20AM

Use them to practice your dipping skills...

Mercury10c · April 17, 2008 10:04AM

Sell them to me. I'm going to Europe.

BECOKA · April 17, 2008 10:15AM

<< 

<< 

<< Call around to some coin shops. We buy them in at 2/3 face value, and the boss carries them to Europe when he goes to coin shows there. >>

That is less than half of it's full value. >>

Is it my math or does this not make sense? How is 2/3 less than 1/2? >>

1 Euro is $1.58. 2/3 of 1 is .33 +.58 = .92

half of $1.58 = .79

Hence 2/3's of face is much less than half.

edited: 1 meaning face value as stated in the original quote.

edited again: face value in U.S. dollars.

CaptHenway · April 17, 2008 10:18AM

<< 

<< Call around to some coin shops. We buy them in at 2/3 face value, and the boss carries them to Europe when he goes to coin shows there. >>

That is less than half of it's full value. >>

How the hell is 2/3 face value less than half of its full value???????

BECOKA · April 17, 2008 10:23AM

<< 

<< 

<< Call around to some coin shops. We buy them in at 2/3 face value, and the boss carries them to Europe when he goes to coin shows there. >>

That is less than half of it's full value. >>

How the hell is 2/3 face value less than half of its full value??????? >>

If you take face value to be 1 U.S. dollar it is less than half of the value, see previous post.

CaptHenway · April 17, 2008 10:27AM

You work for the U.S. Treasury, do ya?

Barry · April 17, 2008 10:28AM

Euros are also used by overseas possessions, such as the French islands in the Caribbean and St. Pierre (off the eastern coast of Canada.) Planning a trip?

BECOKA · April 17, 2008 10:30AM

<< You work for the U.S. Treasury, do ya? >>

thisnamztaken · April 17, 2008 12:34PM

Use them as an excuse to take a trip to Europe soon?

Dennis88 · April 18, 2008 4:07AM

Living in Holland I can't think of ANY reason how you could end up with that much money after a trip to Amsterdam...

gecko109 · April 18, 2008 4:14AM

<< 

<< 

<< Call around to some coin shops. We buy them in at 2/3 face value, and the boss carries them to Europe when he goes to coin shows there. >>

That is less than half of it's full value. >>

How the hell is 2/3 face value less than half of its full value??????? >>

Here is the confusion Tom. If I bring you 1 euro, and you give me 2/3 of face, you are giving me 66 cents. Since the euro is worth $1.58, is not 66 cents worth less than half of that?

Of course the confusion came in the wording of the problem. When you say you will pay 2/3 of face, im assuming you meant 2/3 of the current market value, or $1.58, which is $1.04.

Hope this clears up the confusion.

CaptHenway · April 18, 2008 5:27AM

<< 

<< 

<< 

<< Call around to some coin shops. We buy them in at 2/3 face value, and the boss carries them to Europe when he goes to coin shows there. >>

That is less than half of it's full value. >>

How the hell is 2/3 face value less than half of its full value??????? >>

Here is the confusion Tom. If I bring you 1 euro, and you give me 2/3 of face, you are giving me 66 cents. Since the euro is worth $1.58, is not 66 cents worth less than half of that?

Of course the confusion came in the wording of the problem. When you say you will pay 2/3 of face, im assuming you meant 2/3 of the current market value, or $1.58, which is $1.04.

Hope this clears up the confusion.

>>

Of course! 2/3 of face value is (approximately) US$1.05! That's what I said in the first place!!!!

The face value of a Euro is not 100 U.S. cents. Why would anybody think it was???

TD

Barry · April 18, 2008 6:33AM

<< The face value of a Euro is not 100 U.S. cents. Why would anybody think it was???

TD >>

Because you're a coin dealer?

BECOKA · April 18, 2008 6:51AM

<< 

<< The face value of a Euro is not 100 U.S. cents. Why would anybody think it was???

TD >>

Because you're a coin dealer?

>>

Because we are in the US and not in Europe. Face value is relative unless put into context, like 2/3 face after exchange rate.

Barry · April 18, 2008 7:01AM

<< Because we are in the US and not in Europe. Face value is relative unless put into context, like 2/3 face after exchange rate. >>

Not all all. I knew exactly what he meant. Face value is face value in the currency it represents. You just don't take the number and assume it's USD.

pontiacinf · April 18, 2008 7:19AM

<< 

<< Because we are in the US and not in Europe. Face value is relative unless put into context, like 2/3 face after exchange rate. >>

Not all all. I knew exactly what he meant. Face value is face value in the currency it represents. You just don't take the number and assume it's USD. >>

Barry is correct, when I used the term "face value" I ment the number imprinted on the coin itself. I am well aware
the US dollar is not worth what 1 euro is. Being a ticket broker for many years as a hobby, not a living, face value always
ment to me what the ticket cost coming out of the box office. I just carried the term over to this analogy

After starting this thread last night, I dug out whats left of the loose euros (not notes, coinage) which had been raided
by, well thats not important. I have around $100 face left all coins and thats what I am looking to turn into capital for someone I am
currently trying to help out.

according to the raider of the lost euros, they had a real good time with the other 300+

edit to say, I am sorry if my verbage caused any misunderstandings here

PrivateCoinCollector · April 18, 2008 7:22AM

<< 
Is it my math or does this not make sense? How is 2/3 less than 1/2?

>>

Them there "new" math. Try and keep up.

Edited because I hit the wrong button.

Elcontador · April 18, 2008 7:36AM

A little OT, but for what it's worth, if you buy tangible personal property in Europe, save the receipt and go to a special booth at the airport right before leaving to get the VAT refunded. I did this re my '04 trip to Portugal and actually got a refund check in the mail.

cinman14 · April 18, 2008 7:45AM

pontiacinf · April 18, 2008 8:05AM

<< A little OT, but for what it's worth, if you buy tangible personal property in Europe, save the receipt and go to a special booth at the airport right before leaving to get the VAT refunded. I did this re my '04 trip to Portugal and actually got a refund check in the mail. >>

does cafe or redlight district purchases count as tangible personal property?

could not resist. most of my time there is spent in cafes, concerts all over europe (train rocks there, can pretty much go anywhere)

and the occassional stroll thru the redlight district. Id post some personal tangible pics, but would surely be booted and poofed
very fast

what does one do with euro change?

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