Community
Wiki Posts
Search

old money

Thread Tools
 
Search this Thread
 
Old Mar 20, 2013 | 7:41 pm
  #1  
:D!
Original Poster
1M
50 Countries Visited
100 Nights
10 Years on Site
 
Join Date: Sep 2012
Location: NW London and NW Sydney
Programs: BA Diamond, Hilton Bronze, A3 Diamond, IHG *G
Posts: 7,146
old money

My dad found a bunch of old notes (do you call them bills?) in his room, which are from the Birds series. They are all $20 or smaller. Most have writing and lots of folds / creases so are of no numismatic interest over here.

Can I still spend these on my next trip to Canada which will potentially be this summer, but might not be until next summer, when all of your money will be plastic? If not, how can I as a visitor get them changed to polymer notes in Toronto? (Will be coming for only a few days for family events and I think the hosts will be too busy to bother bringing me to their bank.)

PS. I know I can just give pennies to charity, but will I still be able to use say 10 pennies in one go without pissing people off?
:D! is offline  
Old Mar 20, 2013 | 7:43 pm
  #2  
Suspended
 
Join Date: Oct 2006
Location: Atherton, CA
Programs: UA 1K, AA EXP; Owner, Green Bay Packers
Posts: 21,685
Just how old are they? They may be worth more than face value.
Doc Savage is offline  
Old Mar 20, 2013 | 8:44 pm
  #3  
 
Join Date: Jun 2003
Location: YVR
Programs: AC E75, SPG Plat, HH peon-by-choice (ex Gold)
Posts: 8,090
Those old notes are still legal tender and any bank should be able to exchange new notes for them.

As for pennies, the rule is that you can still use them as long as you round up/down to the nearest $0.05. However, I've found some stores to be quite unintelligent and have just refused to accept any pennies. It's on a case-by-case but if you're going into a bank anyways, you can exchange those pennies for nickels and dimes.
Braindrain is offline  
Old Mar 21, 2013 | 1:29 am
  #4  
:D!
Original Poster
1M
50 Countries Visited
100 Nights
10 Years on Site
 
Join Date: Sep 2012
Location: NW London and NW Sydney
Programs: BA Diamond, Hilton Bronze, A3 Diamond, IHG *G
Posts: 7,146
Originally Posted by Braindrain
Those old notes are still legal tender and any bank should be able to exchange new notes for them.
So are you saying that any bank will swap $200 old to new notes from a foreigner who has no relationship with them?
:D! is offline  
Old Mar 21, 2013 | 5:26 am
  #5  
A FlyerTalk Posting Legend
Community Builder
20 Years on Site
 
Join Date: May 2002
Location: YEG
Programs: HH Silver
Posts: 57,042
Originally Posted by :D!
So are you saying that any bank will swap $200 old to new notes from a foreigner who has no relationship with them?
Yes, I believe that's what previous poster is saying. The branch may ask whether you have an account but cannot refuse to accept the bills as they are legal tender as is noted in this FAQ from the Bank of Canada:

http://www.bankofcanada.ca/banknotes/bank-notes-faq/

All notes issued by the Bank of Canada since 1935 have legal tender status and retain their full value. If you dont know how to check notes from past series, exchange them for newer ones at your local bank.
tcook052 is offline  
Old Mar 21, 2013 | 8:17 am
  #6  
10 Countries Visited
20 Countries Visited
30 Countries Visited
15 Years on Site
 
Join Date: May 2009
Location: EWR
Posts: 892
1 (not in the Birds of Canada series, but maybe you have some) and 2 dollar notes can generally find a new owner quite easily, even if folded and creased., if you have any in your pile.
Bigzamboni is offline  
Old Mar 21, 2013 | 10:41 am
  #7  
FlyerTalk Evangelist
All eyes on you!
15 Years on Site
 
Join Date: Nov 2009
Location: Earth. Residency:HKG formerly:YYZ
Programs: CX, DL, Nexus/GE, APEC
Posts: 11,078
If you can locate a private buyer for a large quantities of copper pennies you can get more than 1 cent for each of them
tentseller is offline  
Old Mar 21, 2013 | 8:02 pm
  #8  
 
Join Date: Jun 2003
Location: YVR
Programs: AC E75, SPG Plat, HH peon-by-choice (ex Gold)
Posts: 8,090
Originally Posted by :D!
So are you saying that any bank will swap $200 old to new notes from a foreigner who has no relationship with them?
As tcook said, yes. I often take the stack of $20s from the ATM, walk to the bank teller, and have him/her change it to $50s. And no proof of a bank account needed.

The "Birds" series really aren't that old and I get them as change every-so-often. You really don't even need to change them into "new" bills.
Braindrain is offline  
Old Mar 26, 2013 | 6:56 am
  #9  
All eyes on you!
15 Years on Site
 
Join Date: Aug 2008
Location: YXY
Posts: 3,678
Originally Posted by :D!
So are you saying that any bank will swap $200 old to new notes from a foreigner who has no relationship with them?
I would be very surprised if they didn't. (Assuming the banknotes are not fake.)

However, I would think that the bird series don't even need to be exchanged, but can be used. I received a $20 one last year or maybe it was the year before.

$1 and $2 might be an issue at the supermarket etc. because they aren't set up for those. Me, I would take them happily. and I would think that you would make a smart waiter/waitress happy if you added it to their tip. :-)
sokolov is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.