is american government buying their old coins?

July 1, 2006 12:49am CST
i wnated to know about if Us will buy old coins of their country,i from philippines and i have one collection could it be money and where do i sell that coin please reply
12 responses
prasad1961
@prasad1961 (5597)
• India
18 Oct 06
Any country, as a matter of fact will not buy its uncirculated coin/currency. American coins have very good premium comparing to the other countries. Any how I'm giving you the site address, which will give you full details. www krause.com, it has ezine about present value of world coins. Or else visit eBay coin section see whether your coin has been came for list or not. Get the details with the values make your decision.
1 person likes this
funnysis
@funnysis (2619)
• United States
26 Nov 06
You are very wise about old monies I like that I wish more people would take time to learn what has a value what doesn't and how do you go about disposing of it in the proper manner.
SK401001
@SK401001 (934)
• United States
5 Jan 07
this is good information, I will check out the website, I would be interested in finding out more. thank you for the link.
sj_chaudhry
@sj_chaudhry (1537)
• Canada
9 Jan 07
parsad1961 you give a great reply.
SK401001
@SK401001 (934)
• United States
5 Jan 07
If you approache a bank they will buy it at the face value, not more not less. If it is a collectors item, I would check online for collectors and inquired thru them.
pbskipper
@pbskipper (365)
• India
7 Jan 07
yes you are right
ljcapps
@ljcapps (1925)
• United States
6 Jan 07
I happen to be a bit of a coin collector. Depending on what it is that you have we might be able to work out some sort of arrangement. I would need first an email address so that we could communicate.
chocklitchip
@chocklitchip (472)
• Pakistan
8 Jan 07
ummmm...uhhhh may bee
pbskipper
@pbskipper (365)
• India
7 Jan 07
not sure
piyush_1990
@piyush_1990 (288)
• India
8 Jan 07
They mst b bying bt I cant say much as I'm nt American
crazynate
@crazynate (246)
• United States
1 Jul 06
The US government doesn't really buy them back, as even the older coins/currency is considered valid to use when purchasing anything here in the US. Depending on how old they are, you might be better off finding a private collector who is interested in purchasing them from you.
funnysis
@funnysis (2619)
• United States
26 Nov 06
Usually you have to sell it to an exchange place or a person that collects old coins rarley if at all does the US government buy its own money back.
praveenkumar06
@praveenkumar06 (4076)
• Hyderabad, India
17 Oct 06
that old coins contain higher amount of gold
harish4u
@harish4u (1393)
• India
21 Nov 06
american government collects money for the same cost ....u may try people who like to collect coins and alll and earn a lot of money
suren2k6cse
@suren2k6cse (2621)
• India
26 Nov 06
check on internet
clickerz
@clickerz (471)
• Philippines
16 Dec 06
Have you tried posting it on ebay? Maybe it can help.There are many coin collector out there,they might spot it. Good luck!