Foreign coins can often be exchanged for U.S. legal tender at currency exchanges in airports, foreign exchange companies, and large banks, according to USA Today. Not all of these institutions will provide exchange services for coins and those that do will often charge a fee for the transaction.
An additional method of exchanging foreign coins, according to the USA Today site, is to find other travelers heading to the country in which the foreign currency is used, and then trading with them directly for U.S currency. Coin dealers may be interested in purchasing the money as well, depending on their market value to collectors.Learn More
Coins last for about 25 years before they are too worn down to remain in circulation, according to the U.S. Mint. Unusable coins are recycled, and the metal is reused in new coins.Full Answer >
To identify foreign paper currency, determine the country of origin and research denomination designs for that country. You need a website with pictures of every country's currency. Identifying the currency takes 20 minutes or less.Full Answer >
Three of the most valuable coins in the United States are the 1913 Liberty Head V Nickel, the 1893 S Morgan Silver Dollar and the 1901 Morgan Silver Dollar, according to CoinTrackers.com. Other extremely valuable coins are the 1889 CC Morgan Silver Dollar and the 1895 O Morgan Silver Dollar.Full Answer >
As of 2014, there are eight coins circulated in the British currency system, which include the one pence, two pence, five pence, ten pence, twenty pence, fifty pence, one Pound and two Pound coins. The reverse designs on each coin is changed annually, according to About.com.Full Answer >