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Does the US government charge banks more than face value for coins?
Wiki User
∙ 14y ago
No. A dollar is a dollar between banks and the Treasury.
Wiki User
∙ 14y ago
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How much do banks charge for 1 dollar coins?
One dollar. Of course. If it is current legal tender, they can't charge more than face value.
Do banks buy gold coins?
Banks will happily buy gold coins for their face value - since this is nearly always far less than they are actually worth. If you wish to sell your coins for their actual value, take them to a reputable goldsmith.
Where are banks which buy old coins?
Banks don't buy old coins, coin dealers will buy old coins, some jewelry stores will buy old coins, banks will take your old coins at face value and then sell them to coin dealers and and make some profit.
How much does a Susan B. Anthony coin cost?
To buy? You can buy them for $1 at many banks, they are not rare coins, simply unpopular coins.
Where do get sacajewea coins?
Some banks have them, where they can be purchased at face value. Otherwise, look on eBay.
How much are sacagwea dollars worth?
Coins that come from banks or are taken from circulation are only face value.
Do banks buy commemorative gold coins for face value?
Generally not, because commemorative coins aren't actual currency. Bring it to a jeweler or coin dealer instead.
Where can I buy Susan B Anthony coins at face value?
No coin dealers sell them at face value, because then there's no profit to be made. However, dollar coins, including Eisenhower and Anthony dollars, sometimes turn up at banks, where they can be exchanged at face value.
When does seigneurage turn a profit for the government?
When coins cost less to make than their face value
Is the buffalo nickel that was recalled worth any money?
I think you mean that its minting was stopped. The coin is not recalled, they just stopped making it. It was a normal part of the US currency, but in several decades it will increase in value. The government does, however, take older coins from banks which is why you don't see older coins as much in current circulation.
What is the value of a collection of WorldCup coins.They were issued by Spanish banks to commemorate the Spain 1982 World Cup.There is a set of six coins.?
What is the value of a 1982 world cup coin set from spain
Do any banks in the UK have free coin-counting machines or services?
Yes, you can go into any bank and ask them to denominate the value of your coins. It is also free
