500 Pounds of Parking Meter Coins for Sell
That much change could be a guru of joy for a lucky coin collector. But you may want to watch this CBS news video first! Okay, not so much joy - at least for the typical coin collector. The 500 pounds of coins are all foreign!
Every year New York City has been bidding their entire stockpile off foreign parking meter coins off because they find it economically unfeasible to sort and exchange them all. That makes sense since they receive pretty much every denomination from every continent in the world.
Why are foreign coins in U.S. parking meters? Although they’ve become smarter in recent years, the meters will still gladly guzzle a non U.S. coin or two… or three… or four… or…
