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Do bank buy old coin

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Anonymous

11y ago
Updated: 9/24/2022

When a coin is being withdrawn from circulation, there is usually an advance notification of the withdrawal, followed by a grace period when people can get rid of these coins at their local bank. Once the grace period is over and the coins have been demonetised, the banks will no longer accept the old coins.

If your coins are very old and in good condition or better, you might take them to a coin dealer.

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Stefanie Raynor

Lvl 10
2y ago

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