Talk about a niche business.
I recently returned from a recent trip with a pocket full of Canadian coins that exactly NO bank would exchange. Even the ones that take paper currency essentially rob you with laughably high rates. The only place that will exchange coins in the Boston area is at Logan, and to drive over there, would cost me more than my coins were worth, in both money, and headaches. What to do then? I mean, some of these bad boys are worth like 2 bucks each!
The Internet suggested HY Point Coin Exchange, and I initially thought the same thing you're probably also thinking. Nevertheless, I really didn't have much to lose apart from a pile of coins with the queen of Canada on them. I was pleasantly surprised to get an itemized email as soon as they arrived, followed by a check in my mailbox a few days later. I could not have asked for quicker, more thorough service. Yes, they charge a fee for this service, just like every other place that exchanges money, but it's not nearly what you would pay at an airport kiosk, or even a bank. It might not be worth it for small sums of money, and mostly I did it as much out of curiosity as anything else. Still though, 10 bucks is 10 bucks. It's like getting a free beer, and depending on where you drink, maybe even two!
USA!!! read more