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 Replies: 12 / Views: 3,593 |
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Pillar of the Community
Canada
999 Posts |
I was in my local coin shop today and bought a few things. The total price ended in a .50, so I gave them a 50 cent coin to round up the change. You would have thought I was trying to pay in Venezuelan currency. It wasn't like I was trying to give them 100 coins, it was only one, yet they would not accept it! One of the guys tried to tell me that Canadian 50 cent coins are not legal tender. This really surprised me. I thought of all places, a coin shop should have no problem accepting them. I remember going to a LCS as a kid and getting a 50 cent coin in change and thinking it was the coolest thing in the world. If they didn't want the hassle of trying to cash it in at the bank, they could have handed it back out to a customer who probably would have appreciated it.[end rant]
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Pillar of the Community
 Canada
5394 Posts |
They are getting to be a bit of an issue , old nickel Fifty cents and Dollars.
Our credit union will no longer take them for deposit .
Our Bank will only accept them for deposit for a small fee.
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Pillar of the Community
United States
7276 Posts |
My local one gives 1976 .50 cent pieces in BU as change. He said the previous owner purchased a box of them and less than 1 roll has sold, so he gives them out as change
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Pillar of the Community
Canada
3733 Posts |
yes, in London, Ontario .. Most banks, are now refusing to take back nickel dollars, and half dollars..
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Moderator
United States
188342 Posts |
If it really bothered me, it would probably be my last visit to that LCS. Makes one wonder what else they may get wrong.  |
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Pillar of the Community
Canada
9160 Posts |
When I went to Niagara Falls a few weeks ago I took $50 in .50 and $40 in $1 and deposited in my account at a bank there just to get them out of this city with no problem. Now I'm not searching the same ones.
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Pillar of the Community
Canada
5240 Posts |
I must say that your LCS was being quite silly. I know that the nickel 50 cents and 1 dollar are a bit of a nuisance, but it was only one.
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Pillar of the Community
United States
593 Posts |
Times must being tough. I have $50,in Canadian
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Pillar of the Community
Canada
1980 Posts |
i took back around $900 worth loose in a bag about 2 months ago to my bnk and they had no problem with it , and a while before that I brought in $1000 in pennies rolled and they accepted them as well
but I do know tht the dollar store near me wont take them they say the are counterfiet
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Pillar of the Community
710 Posts |
Well this can work both ways. An LCS tried to give me an old $2 bill for change to which I said "no thank you". They said it's legal tender what's the problem, but I don't want to be stuck trying to cash it somewhere else.
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Pillar of the Community
 United States
1949 Posts |
Was recently up in Quebec, tried spend a couple of the half dollars and Nickel dollars, you would have thought I was trying to spend rocks.
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Pillar of the Community
Canada
1051 Posts |
The Canadian half dollar has never really circulated with any regularity. For decades they were really only bought by coin collectors, not used for commerce. As much as I like nickel 50c and dollars, I wouldn't want them in a business transaction either. Many banks may not even want to deal with depositing them now. "Legal tender" does not mean that every private business must accept them, and that includes banks. Try spending one, two, or one-thousand dollar bills if you're up for a challenge.
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Pillar of the Community
United States
593 Posts |
WOW you mean that Canadian coins are not taken by buyers in shops in Canada like in the US. I save the coins to go to Victoria for a weekend trip so I have extra cash. Mine is cents 5 10 and 25 cent coins, but no larger coins or bills.
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Replies: 12 / Views: 3,593 |
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Posted 11/15/2019 4:01 pm
