I am just curious, and perhaps collectors from Canada can answer this, or anyone who may knows the answer.
It says on this site, and under the heading - Currency : Canadian dollar (1858-date)
Is this means that this note is still legal tender? Just for argument sake and a old lady/man walked into a local bank and try to cash this in. Of course, for us, we would not do a thing like that. Obviously, I have no idea the vale of this note, in any conditions.
I am just curious, and perhaps collectors from Canada can answer this, or anyone who may knows the answer.
It says on this site, and under the heading - Currency : Canadian dollar (1858-date)
Is this means that this note is still legal tender? Just for argument sake and a old lady/man walked into a local bank and try to cash this in. Of course, for us, we would not do a thing like that. Obviously, I have no idea the vale of this note, in any conditions.
I believe these older banknotes have been “withdrawn from circulation.” If the old lady/man walked into a local bank they would get a brand new $100 banknote in its place.
Status changed to Done(Compendium, 20 Ağu 2023, 18:29)
I am just curious, and perhaps collectors from Canada can answer this, or anyone who may knows the answer.
It says on this site, and under the heading - Currency : Canadian dollar (1858-date)
Is this means that this note is still legal tender? Just for argument sake and a old lady/man walked into a local bank and try to cash this in. Of course, for us, we would not do a thing like that. Obviously, I have no idea the vale of this note, in any conditions.
I believe these older banknotes have been “withdrawn from circulation.” If the old lady/man walked into a local bank they would get a brand new $100 banknote in its place.
I wouldn't be too sure about that!
The Farmer's Joint Stock Bank, issuer of the note, would have to have not gone bust or been closed in an orderly fashion with its business wound up, and would have to have been taken over by a bank which was a constituent of an existing bank which still pays out on all its old notes for this note to be redeemable at its face value today. Or, the Bank of Canada would have to have taken over the Farmer's Joint Stock Bank's liabilities including its outstanding note issues for the note to be redeemable.
It would be interesting to take it into a bank branch, and see what the reaction to a request for five new twenties would be!
I am just curious, and perhaps collectors from Canada can answer this, or anyone who may knows the answer.
It says on this site, and under the heading - Currency : Canadian dollar (1858-date)
Is this means that this note is still legal tender? Just for argument sake and a old lady/man walked into a local bank and try to cash this in. Of course, for us, we would not do a thing like that. Obviously, I have no idea the vale of this note, in any conditions.
I believe these older banknotes have been “withdrawn from circulation.” If the old lady/man walked into a local bank they would get a brand new $100 banknote in its place.
I wouldn't be too sure about that!
Well then…they can walk into my house and I'll give them a brand new $2, $5 or $100 US banknote.
