People queue to exchange old coins as deadline looms

Mark Thorogood

Feb 2nd 2010, 11:45

@S Fenech - Old coins still have a value to charities. Gozo SPCA for one is still very happy to accept old Lm coins as they can be sold to collectors, so its not useless at all to continue to donate them

Anthony Farrugia

Feb 2nd 2010, 11:28

Anthony Dimech @: As regards the LM banknotes there is a 2018 deadline. But I reiterate what I said before that those who have undeclared funds would have started repositioning these funds from the day when the date of the euro conversion was announced. The big fish have expert advisors who guide them through the labyrinth. They most definitely won't go to the CBM to exchange their LM into euro.

S Fenech

Feb 2nd 2010, 10:06

@ Julian Borg Barthet - cant you see that its useless giving them to charities, because they cannot exchange them now? coins daqshekk jinbidlu ... just to clarify your point.

A. Borg

Feb 1st 2010, 18:34

Anthony Farrugia , Mhux ghal dawn qed nirreferi imma ghal dawk il-miljuni li ma gewx accounted for.

Anthony Farrugia

Feb 1st 2010, 14:15

Anthony Dimech @: Those who have undeclared funds would not have kept them in cents/mils coins ! They would have started repositioning these funds well before 01.01.2008 Euro Day and by now everything will be in place; you would not see them queueing up at the CBM to exchange their LM cash.

A. Borg

Feb 1st 2010, 12:59

Anthony Farrugia ,
Kemm hawn nies li la marru u lanqas se jmorru biex ma juruwx x'ghandhom.Kuntenti jitilfu il-flus li ghandom fi flus li skadew jew se jiskadu milli jmorru u jibdluhom! Wahda mir-raguni hi biex ma jitilfux beneficcji li jiehdu minghand il-Gvern. Min hu mejjet ghall-qatra u min mejjet fis-sakra.

Julian Borg Barthet

Feb 1st 2010, 12:51

I'm certainly not going to go all the way to Valletta to line up and exchange a handful of coins to euros. I would donate them however. This is an incentive for some of the local charities to pursue...

--Collect old Maltese Coinage from people that are too lazy to change them themselves as a donation to your cause.--

I'll gladly give a charity a handful of my old Maltese Coinage for a worthy cause, probably a lot of people would do so that might not otherwise have donated without this incentive.

Good luck to whomever takes this on.

hadrian agius

Feb 1st 2010, 12:46

UNBELIEVABLE !!!!!!!!!!!!!

Anthony Farrugia

Feb 1st 2010, 11:58

We never learn. Two years prior notice was given in January 2008 that old LM coins could be exchanged at the Central Bank by 1st February 2010 after which the would have no value. Either some people have nothing to do or their hobby is queueing and grumbling "kif qeridom il - gvern" !