CPM Forum
General => What's It Worth? => Topic started by: only4teeth on December 15, 2011, 09:25:51 am
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Sorry for a stupid question, but what is one half of a note worth? The reason I ask is that I have a friend who has several notes... even a $1000.00 note but just half.. can these be redeemed anywhere? Do they have any value at all?
Scott
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I think you need to have the entire note, to redeem it at the note at a bank.
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You can send what you have to the Bank of Canada and they will reimburse you for whatever value your note portions they determine they're worth. See here: http://www.bankofcanada.ca/banknotes/contaminated-and-mutilated-bank-notes/
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The banks will accept all half bills for their face value.
Example half of a $5 bill will be worth $2.50. The only stipulation is that it MUST contain the entire serial number.