CPM Forum
Canadian Notes => Canadian Journey Notes => Topic started by: jonathan on September 06, 2004, 10:39:25 pm
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Hi, there.
I have a suggestion to make for the BoC to consider for the next new series of banknotes (post-Journey series)...
Since there are no more $1,000 notes, and the $500 notes were very short-lived in the 1935 or 1937 series, might I suggest a slightly larger note for circulation someday, like, say... a $200 bill? The Bank of Canada has never, ever had a note of its kind since its inception, and I think this should be taken into consideration.
Just think... a high-security $200 note... a slightly larger note to replace the former $1,000 note...
Everyone on the forum is open to express their views. See what you think.
Later, Jonathan
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As a collector, sure bring it on. I'd love to see one, along with $1's, $2's, $4's, etc. The more notes the merrier!
As a member of the public, though, I'd have no use for it. It's tough enough trying to find merchants that take $100's (even the new ones.)
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An interesting suggestion but one which I doubt we will ever see happen. As Seth mentioned, the merchants left that do accept $100 notes, do so reluctantly and aren't likely to accept larger denomination notes. The major market for larger bills today would be individuals who deal "under-the-table" for larger ticket items or cash transfers. The reason the Govt pulled the $1000's was to make this activity more difficult to conduct and as an anti money laundering tactic in a Post 911 world. Given that I don't imagine they would introduce a larger denomination note.
But I agree, as a collector it would be nice to see....
Phil
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The $1,000 notes were withdrawn before 9/11. 9/11 did not play a role in the decision to withdraw the notes from circulation or cease production of them.
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A $200 would be a great idea, but I am forced to agree that it just wouldn't be feasible.
If we DO expand our banknote series, it should be for a denomination that everyone can use.....
..... like the $1 or $2!
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..... like the $1 or $2!
<Rolls his eyes upwards>
Maybe we'll see a $200 note when the price of chocolate bars reaches $50, then we can just add a zero to each note, which means the return of the $1000! ;D
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Of course, we may very well be long dead or in a papermoneyless society by the time chocolate bars cost fifty bucks. ;D Chocolate bars still cost a buck at the time of this posting. :D
So don't keep your hopes up for a $200 note or the return of the G-note anytime soon. It may be centuries before we see a note larger than the C-note!
Later, Jonathan :)
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You people are just plain silly. The day of "paper/metal" money is over; or will be very very shortly. The MIB had decreed that all accountz (bank or otherwise) be constantly monitored for "Unwanted" activity..this cannot be accomplished with cash...hence; the massive movement to ATM/Debit/Credit cards. The MIB have reasons for this..I dunno what they are..I'm just an OBG who keeps his money in a binder.
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I'had already done this suggestion to BoC for a $200 or $250 note. They answer that it was a good suggestion but it was not in their intention to change it for the moment.
Perhaps, if we are many to do this suggestion, they will find a interest for that.
Personnelly, I could very interested for collection and few auction to have this notes.
Best regards
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Welcome to the board, Mario. :)
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::) Thanks Jonathan,
I had followed this forum for many months and I learned so many things and find discution so interesting that it was time for me to enter in your group to have the chance to learn more.
Thanks again
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I hate to say this, but I have to agree with you on that. Pretty soon only the criminals will have cash, or the people that the gov't says are criminals. I just hope they don't include the collectors in that group.
Those times are here already. Spent a $100 note lately? Too often I get this vibe from the cashier:
"Well, here's a customer with bad credit, or whose visa is maxed out. Poor bum, his bank account's probably empty too, otherwise he'd be paying with $20's from an ATM. I guess he gets his $100 bills from Money Mart when cashing his welfare cheque. Or, maybe he's a grow-op runner or a drug dealer. I mean, who else ever has $100 bills other than Money Mart customers or drug dealers?" :(
Okay, I'm exaggerating a bit. But paying cash for anything worth over $60, especially with large bills, does tend to raise these kinds of red flags.