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<p>[QUOTE="dougsmit, post: 2111358, member: 19463"]When my wife returned to the US from a trip to London, she had a few pounds left over. The 5 and 10 note could be exchanged at the bank but their $15 fee for the service made small amounts not worth doing so we ended up giving them to a friend planning a trip. The 3-4 pounds worth of one pound and smaller coins would not be touched by the local bank even if we had a thousand of them. How much effort is it worth to find someone to make a tiny exchange? I suspect it is similar in the other direction. I went to a coin show where a dealer had a pickout pot for foreign coins and was allowing kids to take one coin free just for being there. I saw several kids take coins but last I saw the 2 Euro coin was still in there. I could have bought it for a quarter but I don't plan on going to Europe and don't know what I'd do with it. </p><p><br /></p><p>I understand there is a problem with fake pound coins circulating in the UK. Perhaps some of these coins really are not worth a quarter???[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2111358, member: 19463"]When my wife returned to the US from a trip to London, she had a few pounds left over. The 5 and 10 note could be exchanged at the bank but their $15 fee for the service made small amounts not worth doing so we ended up giving them to a friend planning a trip. The 3-4 pounds worth of one pound and smaller coins would not be touched by the local bank even if we had a thousand of them. How much effort is it worth to find someone to make a tiny exchange? I suspect it is similar in the other direction. I went to a coin show where a dealer had a pickout pot for foreign coins and was allowing kids to take one coin free just for being there. I saw several kids take coins but last I saw the 2 Euro coin was still in there. I could have bought it for a quarter but I don't plan on going to Europe and don't know what I'd do with it. I understand there is a problem with fake pound coins circulating in the UK. Perhaps some of these coins really are not worth a quarter???[/QUOTE]
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Can A Coin Ever Be Worth Less Than Face Value?
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