Any idea why so many US $2 notes consistently show up in Canada? They're not that common in circulation down here.
Hi Cory,
I think there are a number of reasons why I'm seeing US $2s in Toronto:
1. Toronto is a big city and there are people from all over the world who travel a lot.
2. The branches take in US $2s but don't recirculate them. So, they are considered US mutilated notes and they hold on to them until they get 100 of them before shipping them out, just like old Canadian paper notes.
3. There are a lot of estate accumulations coming in lately. Once, I got 26x US $2s and the teller said that the family of a senior citizen found them as they were cleaning out her house after she died.
Whatever the reason the banks up here have US $2s, I will happily take them whenever I can.
Dean