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-   -   coin exchange ?? (https://www.fodors.com/community/europe/coin-exchange-498446/)

mayall Jan 25th, 2005 05:29 PM

coin exchange ??
 
I have not been able to find a location to exchange european and canadian coins. All the places I called including banks at JFK and LAX only exchange bills.Any suggestions in the NY area?

nancy Jan 25th, 2005 05:37 PM

I don't think anyone will take them. I remember some airline accepting coins as donations while flying back to the USA. I was surprised, while in Heathrow, that they also took my coins along with paper - rotten rate but I didn't have to take it home. I still have a bag full of European coins.

jeffwill4you Jan 25th, 2005 05:37 PM

TTT.

P_M Jan 25th, 2005 06:36 PM

When I was in college I worked as a foreign exchange teller. People were always bringing in foreign coins and looking to exchange them. We did not do this and as far as I know, nobody does. So whenever I am returning from a trip, I always put the coins into the envelope for charity, as mentioned by nancy.

janis Jan 25th, 2005 09:49 PM

Yep - foreign coins are basically souviners. That is why all the airlines collect them for charity. They're totally useless unless you take them back on another trip to Europe/Canada.

laurensuite Jan 25th, 2005 09:53 PM

American Express kiosks at most airports will, or at least recently used to accept one euro coins along with paper money for exchange.
There is a fee for the exchange, and a debilitated exchange rate.

margyb Jan 25th, 2005 10:09 PM

This is where airport shops come in handy.....stock up on European candy and goodies!

LoveItaly Jan 25th, 2005 11:12 PM

And spend a few on a lovely glass of European wine before you have to board the plane ;;)

Giving it to charity though is a nice idea if you don't think you will be going back to Europe in the future (but hopefully you will).


PatrickLondon Jan 26th, 2005 01:15 AM

On the whole, it's probably not worth the cost of handling, accounting for, storing and transporting miscellaneous coins. I did once see a machine for exchanging coins (?at Schiphol airport) but the rate of exchange would have been ruinous had the overall quantity and value of the coins I had not been pretty small anyway.

PatrickLondon Jan 26th, 2005 01:18 AM

Actually, I keep coins in those little plastic film containers, marked for each currency, but that only works if you travel regularly.

ron Jan 26th, 2005 05:54 AM

Once again, I am surprised that you cannot find a place to do this type of currency transaction in the world's financial capital.

The local currency exchange that I use buys foreign coins. For example, today's rates show they will buy euro notes for $1.29 and euro coins for $1.04. For sterling, the rates are $1.89 and $1.12 respectively.

BTilke Jan 26th, 2005 06:39 AM

Find a friend or co-worker who's going to Europe (or Canada) and exchange with them. Give them a better than market rate on the exchange and remind them the coins will come in handy for little things when they arrive.
Otherwise, save them for your next trip or give them to young kids, who knows, you may start them on a coin collecting hobby.


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