NumisMattic2200 Posted September 8, 2008 Report Share Posted September 8, 2008 Hey all I have a large amount of French Francs that could be worth well over 100 GBP but obviously I cannot do much with them without being able to take them into a French bank. Is there anyone who could help me out and make a little profit for themselves at the same time? If anyone lives in France and is interested, or can otherwise help me out then please PM me or respond here... Quote Link to comment Share on other sites More sharing options...
Delta Posted September 10, 2008 Report Share Posted September 10, 2008 Are these French Franc banknotes? Quote Link to comment Share on other sites More sharing options...
NumisMattic2200 Posted September 10, 2008 Author Report Share Posted September 10, 2008 No sorry these are heavy coins - we can work out a price so that the person taking them into the bank can make a few Euros Quote Link to comment Share on other sites More sharing options...
Delta Posted September 11, 2008 Report Share Posted September 11, 2008 I think French franc coins lost their value in 2005 Quote Link to comment Share on other sites More sharing options...
NumisMattic2200 Posted September 11, 2008 Author Report Share Posted September 11, 2008 I think you're wrong Quote Link to comment Share on other sites More sharing options...
henare Posted September 11, 2008 Report Share Posted September 11, 2008 I think you're wrong you're wrong. all the information out there suggests that coins lost their value in 2005. Quote Link to comment Share on other sites More sharing options...
NumisMattic2200 Posted September 11, 2008 Author Report Share Posted September 11, 2008 I know they are still being used in one French town at least, so therefore they must have at least some value somewhere!! :PPPPP Quote Link to comment Share on other sites More sharing options...
henare Posted September 11, 2008 Report Share Posted September 11, 2008 I know they are still being used in one French town at least, so therefore they must have at least some value somewhere!! :PPPPP then identify the town and go there already! Quote Link to comment Share on other sites More sharing options...
NumisMattic2200 Posted September 11, 2008 Author Report Share Posted September 11, 2008 I thought you might want to take a trip there!! I'm a gonna give 'em to you already!! Quote Link to comment Share on other sites More sharing options...
Eurocoin Posted September 11, 2008 Report Share Posted September 11, 2008 "Exchanging national cash" - list: http://www.ecb.int/bc/exchange/html/index.en.html If they are bigger denominations you can get nice price if you sell them on internet auction. What would be the weight of the coin lot? I have sold coins out in 950g lots for € 7-11 per lot. Quote Link to comment Share on other sites More sharing options...
gxseries Posted September 11, 2008 Report Share Posted September 11, 2008 http://www.ecb.int/bc/exchange/html/index.en.html#timelimits Darn, didn't see Eurocoin's post as I was looking for the link. Wikipedia has it as well: http://en.wikipedia.org/wiki/French_franc Quote Link to comment Share on other sites More sharing options...
Delta Posted September 11, 2008 Report Share Posted September 11, 2008 Are you perhaps confusing the French Franc with the two French colonial currencies CFA Franc (Africa) and CFP Franc (Pacific) which still circulate? If you find someone willing to take them as Euro then bite their hand off, even if it does mean you end up with a 4 month supply of French cheese Quote Link to comment Share on other sites More sharing options...
Delta Posted September 12, 2008 Report Share Posted September 12, 2008 Apparently you are somewhat correct... some businesses (read idiots) in Collobrières, Southern France, are again accepting frac. However I suspect that they may only be accepting notes. Quote Link to comment Share on other sites More sharing options...
NumisMattic2200 Posted September 13, 2008 Author Report Share Posted September 13, 2008 Sorry I don't think you are necessarily right in calling businesses real idiots as a similar concept (berkshares and the totnes pound, also one in Germany I can't recall the name of) of using a regional currency has been employed to keep money coming back into a local area, which builds the businesses up in a region... In any case I got the hoard for less than twenty quid so whatever I do with them I am not a fool. Quote Link to comment Share on other sites More sharing options...
Delta Posted September 13, 2008 Report Share Posted September 13, 2008 I wasn't saying that, if pre-Euro currency can still be exchanged somewhere for Euro then accepting them is a great way to boost business in an area or for charities to raise extra money. If however they are trying to treat the pre-Euro currency like it is still an acctual currency (storing it, giving out non-Euro change) then they are deluding themselves, and at financial risk too. They need to just get over it. Quote Link to comment Share on other sites More sharing options...
numismatistnick Posted September 14, 2008 Report Share Posted September 14, 2008 I'll bet if you sell them online with a starting price of 20 pounds you will make a nice profit. However the online market is always shaky and I could be way off. Quote Link to comment Share on other sites More sharing options...
NumisMattic2200 Posted September 14, 2008 Author Report Share Posted September 14, 2008 I think French franc coins lost their value in 2005 Define'value'... Quote Link to comment Share on other sites More sharing options...
Delta Posted September 15, 2008 Report Share Posted September 15, 2008 Define'value'... Value is in the eye of the beholder The only thing which gives a currency value is the trust that it will return a stable level of goods or services, since the Bank of France which issued these coins with a guarantee of value has now wrote them off they will no longer honour any value (euro) for them, therefore nobody else will be willing to give you goods or services at their previous value as they know that the Bank will no longer honour their previous value. They are now worth scrap and sentimental value and if someone offers you more than scrap for them bite their hand off. Quote Link to comment Share on other sites More sharing options...
just carl Posted September 19, 2008 Report Share Posted September 19, 2008 Sorry I don't think you are necessarily right in calling businesses real idiots as a similar concept (berkshares and the totnes pound, also one in Germany I can't recall the name of) of using a regional currency has been employed to keep money coming back into a local area, which builds the businesses up in a region... In any case I got the hoard for less than twenty quid so whatever I do with them I am not a fool. You'll all have to excuse me since I'm just an American that only knows our monitary system. By the way what is a HOARD? 20 QUID FOR A HOARD? For example the term French Franc sounds to much like French Fry and I eat those all the time. Is a Franc something like a Fry? OK so what is berkshares and the totnes pound? This to me almost sounds like some kind of cooking show. Well if you only paid twenty quid (or is it Squid)? I like that selling them on the internet for about 20 pounds. 20 pounds of what? Just kidding folks. To many are getting way to serious about a decent purchase. Anyone remember how to help and/or congradulate someone? Quote Link to comment Share on other sites More sharing options...
jtryka Posted September 20, 2008 Report Share Posted September 20, 2008 I'll give you all my old francs for 10 squid, but they must be lightly breaded and sauteed in olive oil! Quote Link to comment Share on other sites More sharing options...
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