My only $500 note

News: Welcome to the Canadian Paper Money Forum.

No. "Legal tender" does not have that definition in Canada. You can read the definition here, it includes nothing about anyone being required to accept "legal tender" for a payment: https://laws-lois.justice.gc.ca/eng/acts/c-52/page-1.html#h-142377
It basically means "officially approved for use", not "required for use". That's why I said that the term is essentially meaningless, because people and institutions can use what ever is mutually acceptable, whether or not it is officially approved.

I remember reading somewhere a long time ago that coins are rolled in fixed amounts because no merchant is required to accept more than that in a single transaction.  I remember many years ago when the TTC went on strike, passengers were advised to pay their fares in pennies as a form of protest.  You should have seen those fare boxes chock full of coppers!  LOL.

Ah, interesting. Thanks for the corrections.

Any way you could post a photo of it? Would love to see it

I finally dug my $500 proofs out of safe keeping.
I have owned them since 2006 and the information I was given at the time was that there are only four known French $500 proofs out there...

I wonder if I made a wise decision buying this way back then...
Enjoy!
Dean