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<p>[QUOTE=&quot;kaparthy, post: 9474, member: 57463&quot;]One difference is that in America, American coins are legal tender.&nbsp; Coins are NOT legal tender in Canada.&nbsp; Coins come from the Royal Candian Mint.&nbsp; Banknotes come from the Royal Bank of Canada.&nbsp; Loonies and Twonies (and other coins) cannot be exchanged for paper money on demand. Only banknotes are legal tender.&nbsp; That is the way it is in most countries, actually. Coins are a convenience, tokens for money.&nbsp; One exception was the pre-euro money of Greece.&nbsp; Coins came from the national Mint and so were legal tender.&nbsp; Banknotes came from the Bank of Greece, a nominally &quot;private&quot; enterprise and were not legal tender.</p><p><br /></p><p>Many nations have magnetic coins because they are sandwiches built around a steel core.&nbsp; The Winnepeg Mint has a patent on one way to do this and they make coins for other nations under contract.&nbsp; </p><p><br /></p><p>Michael</p><p>ANA R-162953[/QUOTE]</p><p><br /></p>

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