View Single Post
  #2  
Old December 12th 06, 02:00 AM posted to rec.collecting.paper-money
chaox01
external usenet poster
 
Posts: 47
Default Cheapest Source for Currency of Bhutan (Ngultrum)

Will wrote:
What is the cheapest source for 1 Ngultrum Bhutanese currency? It trades
about 50 to the 1 USD.

--
Will


A legal tender note has 2 sets of values: an exchange value (face
value) and a collector value.

Current exchange rate for Bhutan currency is $1 USD for 50 Ngultrum or
$0.02 USD for 1 Ngultrum regardless of the conditon of the note. The
cheapest source is directly from the bank.

Collector value is generally more than the face value for uncirculated
(UNC) notes and face value for circulated ones. You can buy an UNC 1
Ngultrum note from a dealer for about $0.50.

Ads