Discussion - Member to Member Sales - Research Center
Discussion - Member to Member Sales - Research Center
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The cash economy in Canada is at least as big as debit/credit cards. This is probably because it is not traceable to Canada Revenue Agency.
Bring your cash, we will be happy to relieve you of it's weight.
Vic in Manitoba.
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10:33:43am
One cent coins (pennies) have been removed from circulation. The lowest paper denomination is a $5 bill. "Loonies" ($1 coins featuring a Loon) and "Twonies" ($2 coins featuring a polar bear) are ubiquitous for small cash transactions.
Roy
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excellent, I have lots of those very RARE and very OLD paper $1 (Canada); they've got to be worth at least 75c. and i've got pennies, too, Canadian pennies. I bet if I put a hundred of those together, I'd have two rolls.
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I once found an entire roll of mint Canadian pennies minted in 1964 that were brilliant uncirculated in a box of US pennies. I still have them. They are mostly copper so worth a few cents a piece.
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Smauggie, possibly worth around 40c Canadian each if genuinely uncirculated mint. Mind you like stamps it is not likely to be what anyone would pay for them.
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What about Canadian quarters.. I have about 50 dollars worth... Eh ?
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09:14:17pm
Smauggie - that's why the Royal Canadian Mint stopped making pennies. It cost more to produce them than they were monetarily worth.
When they first discontinued them, you could roll them and take them to the bank to get coins or dollars. I believe my Mum said last summer just before she passed away (may she rest in peace), that the bank no longer accepted them. So if you hadn't rolled them and exchanged them, then the time frame was over and you were stuck with lots of pennies to look at.
When they stopped making the one and two dollar bills, people tried to get an uncirculated one just to keep. I think I have a sheet somewhere of one dollar bills. They were part of the end of the dollar bill era. It's been so long, I can't recall.
A lot of people did the same with the five, ten and twenty dollar bills in the '90s when they were being changed from the old system to the new. Now we have another new method of bills which are supposed to be durable to last for ages but they are totally inaccessible for people who have no sensation in their hands because they are slippery and they cannot be gripped properly. The only difference I've found is that the braille on the new material is clearer than the paper bills but that's to be expected because braille on regular paper will flatten out over time and usage.
To answer your original question - at a stamp show up here, yes, definitely coins and paper money. Around my area, that is the only thing accepted except for personal cheques and that is only by dealers who know you.
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Hi: Just checked with a reliable source re Canadian pennies. The Government tried to recall as many as possible in the first two years. They asked people who had pennies to bring them in to the banks and cash them in.
The bottom line is: The Canadian Penny will always be 'legal tender'. The source of my information had just delivered several big lots of pennies to the bank and no problems were encountered. You may run into problems if you tried to use them at a retail outlet. However they are legal tender and have to be treated as such.
How on earth would we play Rumoli without pennies???
Cheers
Lyall
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07:23:28pm
Existing pennies will remain legal tender indefinitely, however, pennies were withdrawn from circulation on February 4, 2013. The Currency Act says that "A payment in coins is a legal tender for no more than twenty-five cents if the denomination is one cent."
Roy
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As a retail manager, I can say we, and most businesses do not take pennies.... period.
Take them to the bank. They were take out of circulation for a reason.
David
Ottawa, Canada
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I've noticed recently, since the removal of Canadian pennies from circulation, that I have lots of nickels!
Several years ago, in Cottonwood, Arizona, south of Flagstaff, I visited a stamp shop and got into a conversation with the owner. When he learned that I was visiting from Canada, he gave me a small cloth bag that was filled with Canadian quarters. He told me that he'd tried to exchange them at a bank for U.S. currency/coins, but they refused to accommodate him. So he gave me the bag, worth about CAN $25 at that time, more like $150 in goods and services today. At that time the Canadian and U.S. dollars were at par, and I offered to give him US $25 in exchange, but he refused. Generous guy!
Bob
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Bobgggg asked, "Does Canada still use coins to pay for purchases?"
No. We still use walrus blubber and dried huckleberries.
boB
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"No. We still use walrus blubber and dried huckleberries. "
Bob is correct here. Another thing to consider when you come up here is we use metric time, only 20 hours in a day.
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Bob & Brian are 100%* correct about our monetary and measurement systems.
* 136.78% correct for Americans
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Canada also gave us Justin Beiber and Canadian bacon which we Americans call ham.
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"No. We still use walrus blubber and dried huckleberries. "
Bob:
In Ontario, dried Gooseberries are still accepted.
"Canadian bacon which we Americans call ham"
Ernie:
You Americans call it Canadian bacon. We don't call it that. We call it back bacon or slab bacon.
Cheers!
David Giles
Ottawa, Canada
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I prefer my gooseberries fresh or in a pie, myself. My mother has a couple of gooseberry bushes. I think it's they only way you can get them now. No stores will offer them for sale here.
I have a few old Canadian bills from when I first visited Canada in 1978. Wish I still had those monstrous strawberries we bought from some local farmers near Niagara falls.
I later realized one of the bills, a $1 note was from the 1950's still in circulation when I got it (though in well-used condition).
My mother gave me a Canadian dime from 1914 she pulled from circulation when she was a kid.
At one time one of my goals was to get a complete collection of Canadian cents from KGV to present.
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The way the Ca Dollar is going, is there any chance I can convert my Canadian quarters into huckleberries ?????
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Bob:
Send all your Canadian money up and I'll convert it to berries for you! 
David
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08:56:30am
Does Canada still use coins to pay for purchases ? As an example, if I was to go to a stamp show " Up-North " and I was to purchase three CA dollars worth of stamps, can I pay for them in Canadian coins ????
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re: Canada question
The cash economy in Canada is at least as big as debit/credit cards. This is probably because it is not traceable to Canada Revenue Agency.
Bring your cash, we will be happy to relieve you of it's weight.
Vic in Manitoba.
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this post
BuckaCover.com - 80,000 covers priced 60c to $1.50 - Easy browsing 300 categories
02 Dec 2016
10:33:43am
re: Canada question
One cent coins (pennies) have been removed from circulation. The lowest paper denomination is a $5 bill. "Loonies" ($1 coins featuring a Loon) and "Twonies" ($2 coins featuring a polar bear) are ubiquitous for small cash transactions.
Roy
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this post
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re: Canada question
excellent, I have lots of those very RARE and very OLD paper $1 (Canada); they've got to be worth at least 75c. and i've got pennies, too, Canadian pennies. I bet if I put a hundred of those together, I'd have two rolls.
Login to Like
this post
re: Canada question
I once found an entire roll of mint Canadian pennies minted in 1964 that were brilliant uncirculated in a box of US pennies. I still have them. They are mostly copper so worth a few cents a piece.
Login to Like
this post
re: Canada question
Smauggie, possibly worth around 40c Canadian each if genuinely uncirculated mint. Mind you like stamps it is not likely to be what anyone would pay for them.
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this post
07:55:17pm
re: Canada question
What about Canadian quarters.. I have about 50 dollars worth... Eh ?
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A Service Dog gives a person with a disability independence. Never approach, distract or pet a working dog, especially when (s)he is in harness. Never be afraid to ask questions to the handler (parent).
02 Dec 2016
09:14:17pm
re: Canada question
Smauggie - that's why the Royal Canadian Mint stopped making pennies. It cost more to produce them than they were monetarily worth.
When they first discontinued them, you could roll them and take them to the bank to get coins or dollars. I believe my Mum said last summer just before she passed away (may she rest in peace), that the bank no longer accepted them. So if you hadn't rolled them and exchanged them, then the time frame was over and you were stuck with lots of pennies to look at.
When they stopped making the one and two dollar bills, people tried to get an uncirculated one just to keep. I think I have a sheet somewhere of one dollar bills. They were part of the end of the dollar bill era. It's been so long, I can't recall.
A lot of people did the same with the five, ten and twenty dollar bills in the '90s when they were being changed from the old system to the new. Now we have another new method of bills which are supposed to be durable to last for ages but they are totally inaccessible for people who have no sensation in their hands because they are slippery and they cannot be gripped properly. The only difference I've found is that the braille on the new material is clearer than the paper bills but that's to be expected because braille on regular paper will flatten out over time and usage.
To answer your original question - at a stamp show up here, yes, definitely coins and paper money. Around my area, that is the only thing accepted except for personal cheques and that is only by dealers who know you.
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this post
07:01:34pm
re: Canada question
Hi: Just checked with a reliable source re Canadian pennies. The Government tried to recall as many as possible in the first two years. They asked people who had pennies to bring them in to the banks and cash them in.
The bottom line is: The Canadian Penny will always be 'legal tender'. The source of my information had just delivered several big lots of pennies to the bank and no problems were encountered. You may run into problems if you tried to use them at a retail outlet. However they are legal tender and have to be treated as such.
How on earth would we play Rumoli without pennies???
Cheers
Lyall
Login to Like
this post
BuckaCover.com - 80,000 covers priced 60c to $1.50 - Easy browsing 300 categories
08 Dec 2016
07:23:28pm
re: Canada question
Existing pennies will remain legal tender indefinitely, however, pennies were withdrawn from circulation on February 4, 2013. The Currency Act says that "A payment in coins is a legal tender for no more than twenty-five cents if the denomination is one cent."
Roy
Login to Like
this post
re: Canada question
As a retail manager, I can say we, and most businesses do not take pennies.... period.
Take them to the bank. They were take out of circulation for a reason.
David
Ottawa, Canada
Login to Like
this post
re: Canada question
I've noticed recently, since the removal of Canadian pennies from circulation, that I have lots of nickels!
Several years ago, in Cottonwood, Arizona, south of Flagstaff, I visited a stamp shop and got into a conversation with the owner. When he learned that I was visiting from Canada, he gave me a small cloth bag that was filled with Canadian quarters. He told me that he'd tried to exchange them at a bank for U.S. currency/coins, but they refused to accommodate him. So he gave me the bag, worth about CAN $25 at that time, more like $150 in goods and services today. At that time the Canadian and U.S. dollars were at par, and I offered to give him US $25 in exchange, but he refused. Generous guy!
Bob
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re: Canada question
Bobgggg asked, "Does Canada still use coins to pay for purchases?"
No. We still use walrus blubber and dried huckleberries.
boB
2 Members
like this post.
Login to Like.
re: Canada question
"No. We still use walrus blubber and dried huckleberries. "
Bob is correct here. Another thing to consider when you come up here is we use metric time, only 20 hours in a day.
2 Members
like this post.
Login to Like.
re: Canada question
Bob & Brian are 100%* correct about our monetary and measurement systems.
* 136.78% correct for Americans
Login to Like
this post
re: Canada question
Canada also gave us Justin Beiber and Canadian bacon which we Americans call ham.
Login to Like
this post
re: Canada question
"No. We still use walrus blubber and dried huckleberries. "
Bob:
In Ontario, dried Gooseberries are still accepted.
"Canadian bacon which we Americans call ham"
Ernie:
You Americans call it Canadian bacon. We don't call it that. We call it back bacon or slab bacon.
Cheers!
David Giles
Ottawa, Canada
1 Member
likes this post.
Login to Like.
re: Canada question
I prefer my gooseberries fresh or in a pie, myself. My mother has a couple of gooseberry bushes. I think it's they only way you can get them now. No stores will offer them for sale here.
I have a few old Canadian bills from when I first visited Canada in 1978. Wish I still had those monstrous strawberries we bought from some local farmers near Niagara falls.
I later realized one of the bills, a $1 note was from the 1950's still in circulation when I got it (though in well-used condition).
My mother gave me a Canadian dime from 1914 she pulled from circulation when she was a kid.
At one time one of my goals was to get a complete collection of Canadian cents from KGV to present.
Login to Like
this post
07:39:53am
re: Canada question
The way the Ca Dollar is going, is there any chance I can convert my Canadian quarters into huckleberries ?????
Login to Like
this post
re: Canada question
Bob:
Send all your Canadian money up and I'll convert it to berries for you!
David
1 Member
likes this post.
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