Suggestion: $200 notes

News: Welcome to the Canadian Paper Money Forum.

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

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.)

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

The $1,000 notes were withdrawn before 9/11.  9/11 did not play a role in the decision to withdraw the notes from circulation or cease production of them.

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!

                                   ..... 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!

Of course, we may very well be long dead or in a papermoneyless society by the time chocolate bars cost fifty bucks.   Chocolate bars still cost a buck at the time of this posting.

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

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.

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

Welcome to the board, Mario.

  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

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.