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Circulating Non-Legal Tender?

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Pillar of the Community
Scissel's Avatar
Canada
693 Posts
 Posted 02/27/2011  10:34 am Show Profile   Bookmark this topic Add Scissel to your friends list Get a Link to this Message Number of Subscribers
Here are a couple of medallions I'll bet I would have no problem spending as 25c coins anywhere: Starbucks Tim Horton, Canadian Tire...

These medallions are the same size & specs as Canadian quarters. They were made by the Royal Canadian Mint as part of special sets. The $20 for $20 discussion got me thinking. When talking about coins, is "money" just whatever people are familiar with?

Circulating-Non-Legal-Tender?

Circulating-Non-Legal-Tender?
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 02/27/2011  11:34 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
I have received the Canada Post Token in my change.
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Ugly's Avatar
Canada
1733 Posts
 Posted 02/27/2011  11:37 am  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
Money that people are comfortable with imo; bank notes, twonies, loonies, quarters, dimes, nickels, pennies. Everything else raises some kind of red flag... If it looks and acts like the standard coins above, people will take it without looking closely. US coins are a great example of that. I seem to get a fair number of US State Quarters in my change.
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canadian_coins's Avatar
United States
2408 Posts
 Posted 02/27/2011  3:24 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply
Yep, Canadian Tire money... in a recent post in another thread some merchant preferred it instead of a Visa. That's pretty far out.

BTW, does Canadian Tire still issue their money?
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Ugly's Avatar
Canada
1733 Posts
 Posted 02/27/2011  3:31 pm  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
Yes Canadian Tire money is probably the most recognized and widely spread loyalty program in Canada. They also did some coins. There is a whole ebay section devoted to Canadian Tire notes.

* Coins & Paper Money > * Paper Money: World > * North & Central America > * Canada > * Canadian Tire Money
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Scissel's Avatar
Canada
693 Posts
 Posted 02/27/2011  4:22 pm  Show Profile   Bookmark this reply Add Scissel to your friends list Get a Link to this Reply
What Ugly says I think is true. If it looks like common change people don't really notice. I've been getting US quarters in change & I live no-where near the border.
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Scissel's Avatar
Canada
693 Posts
 Posted 02/27/2011  4:26 pm  Show Profile   Bookmark this reply Add Scissel to your friends list Get a Link to this Reply
Interesting that Canadian-Banknotes received one of the tokens in change. Years ago I bought a Nestles 1999 token in AU condition (for a few bucks). The token was issued in a limited number of millennium sets. A hard to-find "quarter" that someone found in change.
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1cent's Avatar
Canada
1051 Posts
 Posted 02/28/2011  12:12 am  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
One of my local liquor stores takes Canadian Tire money.

I've never seen the medallion in change.

I've received and spent an Australian dollar as a loonie though.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 02/28/2011  12:15 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I pulled a colourised proof Australian Dollar from circulation about a year ago. This is really NCLT in circulation.

I suppose that the most common instance of circulating non legal tender is a coin which is circulating in a country other than the one that it was supposed to be circulating in.
Edited by sel_69l
02/28/2011 08:36 am
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Sap's Avatar
Australia
16836 Posts
 Posted 02/28/2011  10:14 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Australia does have a similar example of "CNLT" we sometimes still find in change (though I've never received one personally).

In Australia in 1964, Taylor & Challen, maker of large coin and medal presses, struck little gilt-coloured medallions for giving away at their display at the British Exhibition held in Sydney in that year. The mintage was 1 million, a huge number for a souvenir medallion. There must be a lot of them sitting around drawers and "odd coin" jars throughout the country. Though the kangaroo was similar to the one appearing on the penny and halfpenny, at the time Australia issued no brass or yellow-coloured coinage, so it was impossible to confuse these medals with circulation coins. Example of the medal on ebay Australia.

Fast forward 24 years, and Australia issues a new $2 coin. It's small and brassy-yellow in colour - physically very similar to the Taylor & Challen medal in size, though the $2 coin is thicker. Suddenly, Taylor & Challen medals were popping into circulation all over the place, being mistaken for $2 coins by a populace not yet used to them.

The RAM had the excuse that the Taylor & Challen medals were not issued by the RAM, and were made a generation previously. The goofball at the RCM that approved the design and issue of the tokens in the OP has no such excuse. What were they thinking, not only making "tokens" the same size and specs as a quarter, but giving them away in mint sets?

Of course, the other major category of "CNLT" is counterfeit coins. Any high-face-value coin is susceptible to counterfeiting these days. British 1 pound coins and Australian $2 coins are both notorious for being easily counterfeited.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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rodime's Avatar
Canada
276 Posts
 Posted 02/28/2011  2:06 pm  Show Profile   Bookmark this reply Add rodime to your friends list Get a Link to this Reply
The american $1 coins circulate up here (toronto) all the time as loonies. It helps that they're both $1 coins, I suppose.
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Scissel's Avatar
Canada
693 Posts
 Posted 02/28/2011  3:03 pm  Show Profile   Bookmark this reply Add Scissel to your friends list Get a Link to this Reply

Quote:
The american $1 coins circulate up here


That's odd - I've never seen the US dollar coins in circulation where I am. Have you received any Presidential dollars or just Sac dollars?
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Ugly's Avatar
Canada
1733 Posts
 Posted 02/28/2011  7:48 pm  Show Profile   Bookmark this reply Add Ugly to your friends list Get a Link to this Reply
That's a good story by Sap, I mean to think a generation later.....

I've picked the "Yankee Loonie" out of my change a few times as well.
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rodime's Avatar
Canada
276 Posts
 Posted 02/28/2011  10:53 pm  Show Profile   Bookmark this reply Add rodime to your friends list Get a Link to this Reply
Got a few Polk dollars lately...
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biggfredd's Avatar
United States
9104 Posts
 Posted 03/01/2011  5:56 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
We get loonies in brass buck rolls. Didn't happen with sbas.


Quote:
British 1 pound coins and Australian $2 coins are both notorious for being easily counterfeited.British 1 pound coins and Australian $2 coins are both notorious for being easily counterfeited.


I read where some huge amount of GBP in circulation are fake. 20% or something ridiculous.

Other CNLT would be hard times and CWT. In fact, patriotics were a profit center. Stores would pay $8 a thousand and hand them out as change.

We used to get Canadian quarters when they were 80% of USD. Spent a few thousand dollars worth over the years.
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splatto's Avatar
Canada
426 Posts
 Posted 03/09/2011  8:42 pm  Show Profile   Bookmark this reply Add splatto to your friends list Get a Link to this Reply
I've never pulled a sac dollar from change here in Toronto, but I've picked a few up at Casino Niagara just for kicks. My sister's found one in change in Ottawa though
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