I think it really depends on the coin... e.g. I don't think you could sell a top 100 Morgan VAM for as much as in the US because there are simply not enough VAM collectors. I would be interested though
I would say common issues you might gain money as they are more unusual there. Most collectible coins, though, I would say you would lose. US coins are the highest priced coins in the world compared to their rarity. US collectors, as a group, simply tend to be collectors of only their coins unfortunately.
What is the oldest US coin? Other countries are a bit spoilt for choice when collecting coins of relevance to the history of their country. In the UK, we can go from Celtic through to modern day...a span of some 2000 plus years and other countries much more.....So a percentage of foreign collectors are busy with these periods. If you collect US coins, then from forums alone surely you have an idea of how interested in your coins foreigners are.....but as we can all post coins, I am sure its cheaper to buy online than it is to pay a fraction of your travel costs in addition to the coins value, because presumably you'd have to factor that in unless you were coming anyway. I was after some Morgans...nothing fancy, just one from each easily achievable year. Whilst it wasnt like shelling peas finding them from UK buyers, I was inundated with kind trade price offers from the US......
I'm in India and they'll take a US dollar for 58 rupees. It is worth 61.87. Thus, you can't get rich with dollars in India.
I believe he meant that you'll get 61.87 from an exchange service, but a store will only give you 58 rupee worth of value if you present them with a US dollar to purchase goods. It's similar here with Japanese yen. Some stores accept yen, but will only give 85 or 90 cents of value for 100 yen, even though the exchange rate is 95 yen or so. As for the OP's question, it depends on the country. I've found that I can "trade" US coins (mostly junk gold 19th/early-20th C stuff) for more than they're worth in the Philippines, but in Thailand, they'll offer me whatever gold traders pay on 22k.
In a German forum we have an initiative where somebody gets coins in "bulk" quantities (well, as close to bulk as possible ) and then distributes them among interested members. This is the "USA 2014" campaign: Total face value of the coins is $13.75 which is €10.15 these days ... and I pay €16.25, hehe. Christian
It's still worth 61.87 to the store, so I still think you missed the original point. The store is charging a 3.87 service charge for accepting dollars instead of local currency. I believe, technically, that with such transactions, the store could refuse to give you change, since they're doing you a service in accepting dollars, anyway.
Or, they're making that by taking the dollars to where they're worth more; you could have done the same.
I travel to Seoul, Korea about every summer. I am shocked to see that there is a good deal of interest in US numismatics over there. Granted, there seems to be a much smaller collector community per capita compared to North America. It seems that after Korean items, US numismatics are a close second with Japanese, followed by European and Chinese. At this Korean online retailer, you can find 51 webpages of US coins and medals for sale...: http://www.sujipbank.com/shop/goods/goods_list.php?&category=004005 And 55 pages of US banknotes: http://www.sujipbank.com/shop/goods/goods_list.php?&category=003005 I'm sure this retailer would love to come across some nicer/key-date US stuff that they probably almost NEVER see in Korea.
I think you'll get a mixed bag - some of the more common coins may sell for a premium and in return, the key dates may not sell as well as you may think. These days you can buy a fair amount of stuff over the internet and coins are one of them. No reason why people would pay double or more of what they can get over the internet unless they happen to live in countries with a lot of import restrictions or just difficult.
Most countries in Asia (and I'd assume the rest of the world) actually have very strict import restrictions regarding money. Coins are banned from being shipped into Asia, so I could see why they'd pay a premium to buy in person, I suppose.
Shipping coins to Asia is not illegal at all - it actually depends on the country. Also, we need to keep in mind that postal/parcel services have their own limitations regarding coins. In other words, you may very well be allowed to bring coins with you that you are not allowed to send ... Christian