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Our Falling Canadian Dollar

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punman's Avatar
Canada
849 Posts
 Posted 01/24/2014  10:59 pm  Show Profile   Bookmark this reply Add punman to your friends list Get a Link to this Reply

Quote:
The problem is that you can't make the choice. I sell in U.S. dollars and that apply to all the buyers, included Canadians. The advantage of selling in U.S. dollars is that you get all the potential U.S. buyers.

Couldn't a U.S. buyer on ebay see a coin listed at $100 Canadian and then underneath it see $90 U.S., bid $100 Canadian and have $90 U.S. taken from his account?

I basically do the same when I have to bid in U.S. dollars and the U.S. sellers still get me as a customer.
Edited by punman
01/25/2014 08:52 am
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Bm0ney's Avatar
Canada
1005 Posts
 Posted 01/24/2014  11:06 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
Torgemco, let us know how that works out.
I've never known a Canadian bank to accept USA coins.
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 01/24/2014  11:13 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
Most of the banks I have ever been to will take the coin.. but at face value... in fact if it's a large amount they sometimes charge a fee of 10-15%...

I just put it all aside... and go down south and swap the change for cash.. and hold onto the cash until I need it....
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Libertad's Avatar
Canada
3692 Posts
 Posted 01/25/2014  12:38 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Banks are a bunch of hypocrites. They dole out coin in rolls but won't take them back. Dishonor. And they take 5% off my currency. Doing business with banks never benefit the individual.
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 01/25/2014  02:21 am  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply
Why would selling in CAD automatically eliminate US buyers?

Every BIN in CAD has been discounting for Americans. They would prefer no benefit?
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arianzo's Avatar
Canada
2124 Posts
 Posted 01/25/2014  09:36 am  Show Profile   Bookmark this reply Add arianzo to your friends list Get a Link to this Reply

Quote:
Couldn't a U.S. buyer on ebay see a coin listed at $100 Canadian and then underneath it see $90 U.S., bid $100 Canadian and have $90 U.S. taken from his account?

I basically do the same when I have to bid in U.S. dollars and the U.S. sellers still get me as a customer


What I understand is that if you sell in US. dollars you are selling in ebay.com and Canadian dollars is ebay.ca . Per default, US customers find in searchs the stuff being offered in ebay.com. If you sell in Canadian dollars you have to specifically indicate that you want to sell to the USA.
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artdio's Avatar
1844 Posts
 Posted 01/25/2014  09:48 am  Show Profile   Bookmark this reply Add artdio to your friends list Get a Link to this Reply
I list on both sides, .com & .ca...........On the .ca I still list in US funds Its the only way US buyers can see the listings ) but all buyers can see the rate in Canadian...If they prefer to pay in Can, I have no issue with this at all....Although ebay frowns on all payments other than the ones they can collect on I usually tell my buyers they can pay any way they want.. I really dont care how ebay feels.. Private as family , pers. check, MO. , e- transfer its all the same....
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torgemco's Avatar
Canada
1046 Posts
 Posted 01/25/2014  5:31 pm  Show Profile   Bookmark this reply Add torgemco to your friends list Get a Link to this Reply
got 2 stories from the td in t.o.
one teller said no they do not accept
u.s. coinage rolled or otherwise. but another teller(overheard conversation) said yes they do but only at par. did not have time for pursuing the matter but will do next time i`m in there.
I did manage getting a $10.00 bill i`d like to save but I don't know how I should describe it.
could you advise
thanks

Our-Falling-Canadian-Dollar
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 01/25/2014  5:46 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
Journey $10 Canadian note... RADAR serial number 9646469 with very crisp edges ....
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torgemco's Avatar
Canada
1046 Posts
 Posted 01/25/2014  5:59 pm  Show Profile   Bookmark this reply Add torgemco to your friends list Get a Link to this Reply
thank you
AgCoinAu it is my first find
slight warp in the centre of the note
should have mentioned I did keep the u.s.
coins
thanks again
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 01/25/2014  6:32 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
There looks like a hard fold in the middle as well as some creases in the bottom left corner of the note as it's pictured..

For condition I would call this VF+..

All the U.S. coins I ever find go into a bin... I then take those to the bank whenever I cross the boarder.... I got into this habit way back in the 80's when the dollar was like 60 cents for the dollar... it just was one way to prevent paying a large exchange rate.
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 01/25/2014  7:49 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply

Quote:
some creases in the bottom left corner of the note as it's pictured..

The small crease on the bottom left is known as a "Cutting Cup". When journey series notes were cut at the BoC, they usually had this small crease. It had something to do with extra pressure due to the security stripe.
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 01/25/2014  7:53 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
I knew I had read an actual definition somewhere. This is how BCS describes a Cutting Cup:


Quote:
"Cutting Cups": This anomaly is a series specific condition, existing only on notes with an interwoven security strip. When the blades of the cutting machines apply pressure on this area, it slightly bends the metal security strip before the pressure is enough to cut it. The buckling of this security strip before it cuts causes the paper to adopt a half moon shaped dome, rarely larger then a centimeter across, that envelopes the areas where the security strip and the edge meet.

http://www.banknotecertification.co...initions.php
Edited by Canadian-Banknotes
01/25/2014 7:53 pm
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Pacificoin's Avatar
Canada
5403 Posts
 Posted 01/25/2014  8:13 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
If you want to be a successful seller on ebay and attract the most possible potential buyers, then listing on ebay.com and listing in USD is the only way to go. When the dollar was @1.07 we didn't hear the moaning and out cry over exchange rates. What we do as the dollar drops is drop the price of our listings by an appropriate amount. As to sales, we hardly notice a difference, as most good Canadian coins end up going to an American buyer anyways. It is a red letter day when a really choice Canadian coin stays in Canada which is a shame. The biggest challenge for us as sellers is CANADIAN TAXES we MUST collect as a registered online business, not the exchange rate!!
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