An Unusual Haul At My Bank Today

Discussion in 'Paper Money' started by scottishmoney, Sep 9, 2008.

  1. scottishmoney

    scottishmoney Buh bye

    I slithered in hoping for some older bills, hadn't been in that branch in a few weeks, older bills or Ike Dollars. Nothing, zip, zilch, zippo. But they did have these come in yesterday afternoon:

    [​IMG]

    I live within a hundred miles of the Canadian border, and we get a bit of Canadian change in circulation here. Usually when bills come into the bank they are all newer examples, this is the first time I have seen the 1954's in circulation. No devil heads unfortunately, but interesting cash to spend on future trip to the northern next door neighbour country.
     
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  3. De Orc

    De Orc Well-Known Member

    Thats a nice little haul that you got there, and dont forget you can allways use them as trade bait :kewl:
     
  4. Daggarjon

    Daggarjon Supporter**

    I wish i could afford to collect Canadien currency, but with is so close to the price of a US dollar... well, i think i will stick to other foreign countries lol

    Nice haul however!!! You going to keep them or trade them in?
     
  5. USS656

    USS656 Here to Learn Supporter

    Nice Haul! :) I agree with De Orc. - my lucky post 2,777 :D
     
  6. gatzdon

    gatzdon Numismatist

    Curious how that works at your bank.

    Do they take them at face value?

    Apply an exchange rate?

    Apply a fee? (to just the seller, or both the seller and the buyer)

    I've never seen a bank that's willing to work with foreign currency (at least not intentionally).
     
  7. scottishmoney

    scottishmoney Buh bye


    They will take them at face - a percentage fee, and sell them at + 2%, I live within about 100 miles of the border and we have a big outlet mall near here that lots of Canadians come to. Lots of businesses especially in the outlet mall, will take Canadian currency at whatever the value of the Canadian funds are in US$, but will only give US$ in change. Same in Canada when you spend US$ there, you will only ever get Canadian change. That way the businesses benefit from cross border traffic, and believe me, the Canadians help our economy by spending their higher than usual value dollars here. From the looks of the stash these came from, there was approximately 5-6000 dollars in Canadian cash, these were the only old ones though. My guess is that someone came over from Canada, spent a whole load of dosh on goods that are high in Canada but cheaper here, especially since their dollar appreciated and they don't have to pay 17% PST/GST here and the business that took the cash deposited it in my bank over the weekend.
     
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