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 Replies: 12 / Views: 2,630 |
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Pillar of the Community
United States
4883 Posts |
I apologize in advance if this has been asked and answered previously. With the new polymer notes in circulation, what is the status of any older cotton fibre bills? Are they going to remain legal tender, or must they be exchanged for the new style by some date? I realize this has to be common knowledge for every Canadian... Colligo ergo sum
Edited by Lucky Cuss
05/03/2014 1:14 pm
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Pillar of the Community
Canada
2632 Posts |
Legal tender still in circulation. Lots of 5s and 10s floating around still.
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Pillar of the Community
Canada
3049 Posts |
They're still legal tender... banks as they get them.. and if they're really in poor condition they send them off to be destroyed... so in a year or so most paper will be out of circulation...
Funny .. the RBC (my local bank) actually gave me a few hundred pencils for my students that were made from recycle paper fibers from the bank notes.. at least that's what the bank manager told me..
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Bedrock of the Community
Canada
10743 Posts |
All Canadian currency is legal tender no matter how old. If you had a 1923 $1.00 bill you could still spend it.....but then again, I would get it from you.  |
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Pillar of the Community
Canada
1046 Posts |
i would say from the
last 3 weeks or so at least with the $20.00
85/90 % where polymer
best
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Pillar of the Community
Canada
726 Posts |
 I was thinking with 5.oo's 60 %polymer and 10's only 40% are polymer more are the old ones. legal tender always is good, but did yu know not copyright...The 1954 notes are almost dropped from copyright by Canada's Government....Soon will not illegal to print- but Caution as still cannot counterfeit... , good question.  Edited by persistnt
05/03/2014 5:45 pm
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Pillar of the Community
Canada
1046 Posts |
$5.00 60%
$10.00 40%
$20.00 85/90 %
$50.00 (?) %
possibly 95 99%
wish I had some too
check out !!
best
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Pillar of the Community
Canada
726 Posts |
It really is a big guess based on 3 banks all in 'toon where I live.Other provinces will be different....Just personal as I hav gone through bills and see what notes tellers hav in drawers....What someone said about a year yet I say is good guess I concure...Thinking about it is verified by 20's and 50's being polymer, out longer than 5*10's out since Nov13.
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Pillar of the Community
Canada
726 Posts |
Edited by persistnt
05/05/2014 4:56 pm
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Valued Member
Canada
448 Posts |
i got 200.00 in 20s from the atm... 8 were new 2 were old
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Pillar of the Community
Canada
726 Posts |
..back to origianal question.,..good one by the way..In circulation right now (Isay with 99% certainty)You would not find any Journey series without the S.Strip..A bank is not circ, so If you ask their, at some branches they may have a five or ten to give you out of notes they have filled out paperwork to send back to Central bank and then B of C..In fact right now in general circulation it would be hard to find an early journey series note as well- example 2006 or 2008 note...
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Pillar of the Community
Canada
1046 Posts |
took out some $20.00
at a bank branch in T.O.
74% Polymer
26% Journey
mostly creased
best
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Pillar of the Community
Canada
726 Posts |
Older cotton-fibre bill of Asyn's 1937, $1.oo sold last night for big money (142.oo),and I am wondering how come? Should not in its condition even go for 42.oo let alone 142.oo..It is a J/A OSborne/toweres nothing special of it serial..So how ? How?
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Replies: 12 / Views: 2,630 |
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Posted 05/03/2014 2:36 pm
went to bank today ..Monday..got all my change in 5.oo's...43% is Journey,,57% is Frontier Series Poly...So I had a very good guess...Yesss..
