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Topic: lousy notes  (Read 8520 times)
polarbear
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« on: June 30, 2006, 01:04:39 am »

Just got some BTB from bank today and one thing I have noticed....  the bills are so cheaply make.   There is no strenght to the bills and they feel so cheap.  So sad.  That is my two cents.

Cheers

Polarbear
Hudson A B
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« Reply #1 on: June 30, 2006, 02:07:02 am »

I have noticed too. Junk. All with those cutting "cups".  Not impressed either. :P
Huds

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walktothewater
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« Reply #2 on: June 30, 2006, 11:26:07 am »

Quote
bills are so cheaply
Quote
Junk. All with those cutting "cups".  
or cusps

The deterioration of CDN paper $ is one of the reasons I wrote "New Journey TEST note?-- unlikely."  That embarrassing post taught me a few things:

I wrote this on the heels of a member's discovery of a possible polymer note.  

After writing it-- I realized that indeed the very poor quality-- and the quick wear of our currency-- may indeed be the straw that breaks the camel's back.  
My original idea was that the BOC seems far too cheap to invest in the more expensive polymer edition.  However: the technology has likely experienced a drastic reduction in costs (even the CBN co are making them), so anything is possible.

That's when I realized: If there is enough outrage (or if the BOC sees how much paper they keep needing to pump into the economy to replace the worn out cheap notes) then maybe the implementation of polymerized notes isn't so far off the horizon.

The irony of all this:  the cheap paper and poor quality notes is turning a lot of collectors off.  However, it might be those very cheap notes that (everyone ignores) which could end up becoming scarce (esp in good grades).

If polymer does arrive: and currency becomes extremely durable (lasting) than we can expect 2 things:  A) our paper collections to go up in value (papers a thing of the past after all) with a likely increase in # of note collectors
and B) more collector focus on: the Journey (being the last paper issue), the quality of notes (revised definitions of AU to UNC),  and the compositions (versions of polymer)
« Last Edit: June 30, 2006, 11:26:55 am by walktothewater »

rscoins
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« Reply #3 on: July 03, 2006, 09:18:29 pm »

Of course, there has been talk of replacing paper notes with coins. $5, $10, $20, $50 and $100 coins exist now. It wouldn't take all that much work to make these things circulation coins. In a money-less society or if everyone paid with debit cards, actual money could go the way of the dodo bird. Scary isn't it!

Rick
 

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