willieboyd2 Posted July 30, 2007 Report Share Posted July 30, 2007 New York City Selling 500 Pounds Of Foreign Coins Collected From Its Parking Meters NEW YORK, Jul. 30, 2007 The city is selling 500 pounds of foreign coins that found their way into its parking meters this year. "We have pretty much every denomination from every continent," said Anthony Alfano, the city's deputy chief of meter collections. The most common coins are Greek drachmas, he said. The Department of Transportation, which makes about $90 million from parking meters annually, has collected bids for the foreign coins and plans to announce the best offer Monday. About a decade ago, the agency decided to sell foreign coins it collected because it was impractical to exchange them for U.S. currency. In previous years, selling the coins has netted the department between $2 to $4 a pound. http://www.cbsnews.com/stories/2007/07/30/...in3109659.shtml Quote Link to comment Share on other sites More sharing options...
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