Discussion of Forex Trading and Currency Trading

How much would currency that is not made anymore be worth?

I have an Italian lira in my posession. It is a bill with hermes on it and it says 500. How much would it be worth in the U.S today? (Taking into fact that it is not made anymore)
I also have an indian 1 rupee bill. Nowadays 1 rupees are made in coins, not bills. How much would that be worth in the U.S today?
I am not planning to sell these, i’m just curious

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6 Responses to “How much would currency that is not made anymore be worth?”

  1. Cheryl (Bären Jude) Says:
    March 9th, 2010 at 8:10 am

    A lot depends on the condition of the money, and how rare it is. Take it to a coin dealer, and they will evaluate it for you.

  2. They are worth hundreds!!! Maybe thousands!!! Still thinking about keeping them? Times are tough, go buy yourself a Mercedes.

    Actually I’m just kidding I don’t know how much they are worth. But I can guarantee that if they aren’t made anymore, they would be a nice amount of money.

  3. Well the lira was just made into a Euro not too long ago when Europe decided to make all the currency the same. It might not be THAT much more.
    ..its worth about 35 cents..

  4. Given the fact that there are still 3000 billion lira around, your lira note will not be worth a lot any more. Certainly it is not worth more than the countervalue in Euro. You can still exchange old banknotes from Eurocountries, but sometimes it will cost you a fee higher than the value of the bill.

  5. liberty 911 Says:
    March 9th, 2010 at 8:10 am

    You might find a copy of the catalog in the first link at your local library, and a coin dealer specializing in Paper Money Foreign might be able to help. In order to value any currency we need to know the country, denomination, year, and condition of which you have only provided two. If you need further assistance please let us know.

  6. curtisports2 Says:
    March 9th, 2010 at 8:10 am

    Look at currency for sale on eBay and see if any look like what you have. Chances are good that neither is worth much, since both denominations were very small and therefore millions and millions were issued, meaning a pretty good number would have survived. It’s worth researching anyway, just for the education.

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