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 Replies: 15 / Views: 2,249 |
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Pillar of the Community
Canada
2124 Posts |
I was doing some order with my banknotes and I found some of these. As they are in bad condition, they don't have collectible value. Are they still legal tender? Because they changed them for the $2 coin. Can I deposit them to my bank account?  |
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Pillar of the Community
Canada
4944 Posts |
Yep, all currency issued by the Bank of Canada is still legal tender.
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Pillar of the Community
Canada
1723 Posts |
yep  |
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Bedrock of the Community
Canada
11922 Posts |
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Valued Member
Canada
245 Posts |
What "Canadian-Banknotes" said. |
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Pillar of the Community
 Canada
2124 Posts |
Thanks guys !
I wonder if the bank teller would ask his manager first ...
Edited by arianzo
12/10/2013 9:16 pm
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Pillar of the Community
Canada
4944 Posts |
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Pillar of the Community
Canada
726 Posts |
they ,,,,,,,,,,,  need to have 2 serial numbers,,that is to say they need to be 60 % there or at least 60% intact...Half a bill because is ripped is no good cannot deposite into bank,,, but 60 % of a note good.....the other guy with the 40% he is out of luck..........  Yu have about 98% so no problemmmm  Edited by persistnt
12/10/2013 10:21 pm
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Valued Member
Canada
247 Posts |
I was on a road trip and took some $1 and $2 banknotes to spend, alot of fun especially at Timmys. The facial expressions on some of the younger staff were always entertaining. spend them but check the serial numbers first. Who knows ,you might spawn a New collectors interest.  |
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Valued Member
Canada
220 Posts |
with nickel rubber, spend them instead of taking them to the bank, you might get someone's interest sparked and help create a new collector. |
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Pillar of the Community
Canada
2124 Posts |
Well, at least with the banknote of the picture, as there are missing pieces, nobody except a Bank would take it.
So, I just came from the Bank. The teller knew from the beginning that it was a valid money but she asked her supervisor what to do with the famous bill ... then she separated it from the rest of the bills and put it in a bag (I suppose it'll be sent to the Bank of Canada).
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Pillar of the Community
Canada
4944 Posts |
Quote:
I suppose it'll be sent to the Bank of Canada Yeah, when banks get old notes they are sent out to be destroyed. |
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Pillar of the Community
Canada
726 Posts |
Banks separate out both old and damaged notes,,,,,,to return to BofC ,,,,They have paperwork to fill  out......All banks even small ones do this........I say spend them and hav fun///with the timmm's people I hav had a smile or two in Nov.....I bought about 5 of these 1986 2.oo's in Nov dec all Gem and paid from 203 to 2.36 ,,,,,,,Yah 2.03 cents ......  Edited by persistnt
12/14/2013 5:14 pm
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Pillar of the Community
United States
1007 Posts |
About 6 years ago on a trip to Winnipeg I brought along a stack of unwanted $1 and $2 banknotes. Nothing special or collectible, I just had a pile of them and thought I would use them. When I paid for meals the cashier looked at me funny but took them without problems.
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Pillar of the Community
Canada
867 Posts |
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Pillar of the Community
Canada
815 Posts |
1) All circulating legal tender must be accepted for any debt.
2) All bank notes are still legal. You can cash in a 1900 $1 at a bank if you are a lunatic.
3) The only coins ever demonetized IIRC were the 4 1976 Olympic $5/$10 coins.
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Replies: 15 / Views: 2,249 |
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Posted 12/10/2013 8:18 pm
