US Coins on Foreign Soil

[Ammonhotep]

I haven't done any CRHing since I was a Boy Scout searching for a merit badge in a pile of coins. I've enjoyed reading your threads, though, and this has got me thinking. There's a lot of US currency abroad; I live abroad. Why not get myself involved again?

Anyone on the forum have experience will accessing US coinage in foreign countries? I can only imagine that dumping would be a huge issue, too, if you could find access to a significant supply to start with.

Thoughts, everyone?

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[fingerscrossed]

depends..this is a good idea IMO especially if you CRH in countries that were once a US colony..who knows..

[SilverForBrains]

fingerscrossed has a good point. Your best bet would be to buy and dump the coins of the country you're in and hope to find US coins. I wouldn't order US coins because dumping coins IMO wouldn't work. I know in the US there are no banks at least that I've found that transact foreign coins, I always end up stuck with them. They only exchange bills, and even then you always get a rate lower than spot for that currency

[Ammonhotep]

If I CRH my local currency I guarantee I'd find fewer US coins than you find silver coins. The volume would be tremendous before anything interesting would come of it. I'd have to isolate the US currency first. Just pondering on how to go about it effectively.

And are there lists of foreign coins to look for, maybe something like the list included in the intro to the CRH forum?

Thanks for the thoughts.

[Ammonhotep]

Found this thread, with associated links: Resource for metal content of foreign coins?

Included links:
World Coin Gallery
Numismatic Coin Values, Worth, Pricing & News for Collectors | NumisMaster
Current Melt Value Of Coins - How Much Is Your Coin Worth?

Any others?

[cyberdan]

I have heard (on this forum) a few guys that are overseas and in the military. They CRH their banks on their base and have found some silver. I guess the older coins just circulate over and over for years.

[midntmn]

I was in a small town in South Africa a few years ago and went into a little store. They had a bowl full of foreign coins sitting on a table, about 35 cents for each coin. I searched through and was surprised to find a Roosevelt dime. It was one of my best souveniers of the trip!