At Nevada Coin & Jewelry, we also buy currency from both the United States and from countries around the world. We buy currency that is currently exchangeable and we buy currency that is outmoded or has been cancelled by it’s host country, generally for any collectible value it may possess. For as long as paper money has been use for trade and the purchasing of goods and services, people have been collecting them as part of a more specific field in the general hobby of numismatics.
For this reason, we buy currency of the collectible nature in order to fill wish lists of our customer base. Most current currency is still exchangeable and will have no collector value, although the exchange rates for the many countries translated into United States dollars varies incredibly. When we buy currency for it’s exchange value, we factor the current exchange rate as well as determining any hidden costs that might factor in when returning the currency to its host country.
When we buy currency of the foreign collectible kind, we determine it’s condition, rarity and overall collector appeal. We buy currency as collectibles using years of experience and a trained eye for items that will have demand in the ever fluctuating collectible market. When it comes to United States paper money, we buy currency that has a collectible market. Generally any modern United States notes with a green treasury seal on them will not meet this criteria. Age, in many cases, is not a factor in determining the collector demand when we buy currency. If modern, or small size, notes carry a different color seal such as the blue, red, yellow or brown seal, there might be some extra collector value to it.
The good thing about United States currency is that all paper money made since 1861 in the U.S. is still legal tender and has at least its face value to it. So even if there is just a small percentage above the face value representing the “collector’s premium” for your currency, it’s still worth it to bring the notes into Nevada Coin & Currency rather than spending them or taking them to the bank.
Our associates at Nevada Coin & Currency are happy to walk you through the process of selling your foreign or domestic currency. We buy currency often and know exactly what to look for when determining the value of your notes. We buy currency 7 days a week at Nevada Coin & Jewelry so just find the location that’s open on the day you wish to sell your currency and come on in.
