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<p>[QUOTE=&quot;NorthKorea, post: 1785585, member: 29643&quot;]1) The first two sentences are pointless. You didn&#039;t buy 50 new pence for 25 cents, either. You bought ~$10-$15 worth of coins for $12, one of which has an exchange value of 83-cents. Of course, no bank in the US will accept GB coins, so the exchange rate is pointless unless you&#039;re planning a trip to the UK.</p><p>&nbsp;</p><p>2) Book prices (depending on the book) come from surveys filled out by dealers of &quot;reported sales.&quot; Since they&#039;re surveying dealers, that means that they&#039;re citing full retail. Why? Well, because dealers won&#039;t report the sales of specific coins from their junk bins to the coin magazine.</p><p>&nbsp;</p><p>3) While your experience (which is very limited, whether you admit it or not) is that you can&#039;t get UK coins for below face, others have other experience. For example, I buy Japan yen and Thai baht for below face regularly. I tell the seller the exchange rate, then I offer 10%-20% below that for coins (depending on the amount/denomination) and 3% below for notes. They sell to me because the local banks won&#039;t exchange coins, and charge a 5%+ service charge for exchange of notes.[/QUOTE]</p><p><br /></p>

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