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Topic: Journey $50s still around?  (Read 4347 times)
Seth
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« on: September 01, 2012, 02:28:51 pm »

I get all my $50s from HSBC ATMs. None have given out Journey $50s since the polymer ones were released. The last time I saw a Journey $50 was at my credit union, a week after the polymer $50s were issued.

Are Journey $50s as scarcely seen for any of you as they are for me?

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AZ
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« Reply #1 on: September 01, 2012, 11:21:36 pm »

I get all my $50s from HSBC ATMs. None have given out Journey $50s since the polymer ones were released. The last time I saw a Journey $50 was at my credit union, a week after the polymer $50s were issued.

Are Journey $50s as scarcely seen for any of you as they are for me?

Apparently the banks received instructions from the BOC not to recirculate any Journey $50 and $100 notes they receive. Since the release of the polymer fifties I have not received any Journey $50s from the CIBC ATMs I use. The only paper fifties I get occasionally are the change from $100 notes I spend in grocery stores. The same is true for $100 notes, the banks stopped giving out the Journey notes 2-3 months after polymer notes were released.
CA_Banknotes
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« Reply #2 on: September 02, 2012, 11:33:14 pm »

All the $50s dispensed by ATMs went to polymer very quickly, within a week or so it seemed like every ATM in the GTA that dispenses $50s were doing so.

Last week in a $1200 withdrawal at a TD machine I got a single Journey 50 out of the 20 50s dispensed. That was the first time in 5 months I've gotten a Journey $50 from a bank.
tmort
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« Reply #3 on: December 08, 2012, 01:11:37 pm »

Rarely see a Journey $50 at all now. That was fast!



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friedsquid
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« Reply #4 on: December 08, 2012, 04:40:13 pm »

Rarely see a Journey $50 at all now. That was fast!
That's funny
I just took out 1k at the bank at got 2 Journey 50's and a Journey 100
They still are out there .....I just wonder if if has to do with lazy tellers :)



Always looking for #1 serial number notes in any denomination/any series
Rupiah
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« Reply #5 on: December 08, 2012, 07:48:54 pm »

That's funny
I just took out 1k at the bank at got 2 Journey 50's and a Journey 100
They still are out there .....I just wonder if if has to do with lazy tellers :)


I did some quick calculations based on the series reported in the SNDB. Assuming that each series had the maximum 10,000,000 notes produced. Here is the estimated total number of notes produced (all numbers rounded to the 1000th:

$50 polymers - 150,000,000
$50 journey - 238,400,000

$100 polymers - 220,000,000
$100 journey - 349,600,000

Compare that to the liability reported as of Dec. 31, 2012

$50 - 190,000,000
$100 - 317,000,000

Assuming that the liability in 2012 is about the same as liability at the end of 2011 (I would expect it to be more based on trend so this is a conservative call) it is evident that there is a significant amount of non polymers floating around - 40,000,000 for $50 (21% of liability) and 97,000,000 for $100 (30% of liability).

Go figure ----- :)

Wonder what paper money would say if it could talk?
shakware
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« Reply #6 on: December 20, 2012, 05:33:10 am »

That's funny
I just took out 1k at the bank at got 2 Journey 50's and a Journey 100
They still are out there .....I just wonder if if has to do with lazy tellers :)



That is truly great for you!!!
Seth
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« Reply #7 on: December 20, 2012, 05:00:28 pm »


$50 polymers - 150,000,000
$50 journey - 238,400,000

$100 polymers - 220,000,000
$100 journey - 349,600,000

Keep in mind that the figures are for the total amount of notes produced, not the total amount of notes in circulation at any given time. Many Journey notes were retired from circulation and replaced with more of the same Journey notes, which is why their numbers are higher.

It'll be interesting to look at these numbers again in 2020, after the polymer notes have been in circulation for as long as the Journey notes have been over their lifetime.

Track your Canadian currency online!

http://www.whereswilly.com
Rupiah
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« Reply #8 on: December 20, 2012, 11:15:07 pm »

Keep in mind that the figures are for the total amount of notes produced, not the total amount of notes in circulation at any given time. Many Journey notes were retired from circulation and replaced with more of the same Journey notes, which is why their numbers are higher.


That's true. The point I was making is that the number of polymers circulating are less than the reported liability by a big shot. This can only be accounted for by the fact that the total liability-total polymer must be non-polymers. So therefore it makes sense to see the journey 50 and 100 around.

Wonder what paper money would say if it could talk?
CA_Banknotes
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« Reply #9 on: March 16, 2013, 05:54:13 pm »

One of the banks went to was giving out only Journey 100s today. In fact, I was told in their cash shipments, all they got were Journeys and none of the new polymer notes.

Interesting situation, considering that I haven't seen a bank give out a Journey $100 in more than a year.
 

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