Wednesday, 21 January 2009 18:00
Written by James Hills
Recently I was contacted by The Currency Commission, a firm based Washington, DC and London. This company buys old money from European countries that now use the Euro instead of Marks or Lira etc. I didn't realize it until they contacted me, but all that old money you might have laying around from years past is now essentially worthless because you can't trade it at traditional currency exchanges or banks because the deadline has passed. However, there are billions of dollars worth of these old european currency notes floating around in sock drawers, used as bookmarks and essentially forgotten about.
That's where The Currency Commission comes in. They will buy your old foreign currency for slightly lower than the market was, and then they have a special relationship with banks so they can sell it back in bulk. So if you have money laying around from that European mancation years ago now you can trade it in and finance your next guys weekend or European Mancation!
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