If like me you have a predisposition to removing loose coins from your wallet, then after travelling overseas you will have accumulated a nice collection of coins that have no use within Australian. Foreign coins are notoriously hard to exchange with banks and Forex locations only accepting foreign notes, so the only options left available to you are to use on your next travels or alternatively donate.
Disclaimer: This post falls under random musings.
On my last trip to exchange coins at the bank (which I touched on in this post ‘How to Exchange Coins’) I noticed what seemed an excessive level of New Zealand 20 cent coins in my collection.
Of 353 Australian twenty cent coins ($70.60), I also had 4 New Zealand twenty cent coins.
I have quite a disdain for coins in my pockets or wallet, particularly Australian coins that are at times unwieldy in size (I do question what they were hoping to achieve with the 50 cent piece). As a result I religiously dump any shrapnel at the end of the day into a rather sizable collection box. However with this mindset the stash of coins can accumulate quite readily, particularly after passing the hat around for donations, fundraisers or the odd going away party.
Typically I will exchange coins two or three times a year with the coin collection ranging anywhere between 200 to 300 dollars each time. This gives me some credence when I claim to have considerable familiarity with the coin exchange process.