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PostPosted: Tue Mar 09, 2010 12:00:56 pm 
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Canada's paper-cotton banknotes are going to be replaced by newly designed plastic ones next year in 2011.

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PostPosted: Tue Mar 09, 2010 18:06:47 pm 
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PostPosted: Tue Mar 09, 2010 18:56:30 pm 
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That's a good move, we've had plastic notes in Australia for decades and we produce them for many countries.

Their lifetime use is much higher than the paper one's, the security features are better, but the most important thing is they suffer no ill effects after being in the pants pocket and going through the washing machine 8)

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PostPosted: Tue Mar 09, 2010 20:45:57 pm 
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My usual channel for hearing about the goings-on back home is the CBC website, but this is the first I've heard about this story...will the designs be the same, just produced in a different format (material), or will the pictures on the back and all be different?

It wasn't that long ago that the 'birds' were superseded by the 'images of Canada' or whatever the series is called (I've been away too long, the only one I can remember is hockey on the $5 :lol:)

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PostPosted: Tue Mar 09, 2010 21:03:33 pm 
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Is Queenie still on the reverse?

As Australia owns the technology for make polymer notes, I'm delighted to learn we will make money for every dollar that Canada prints!


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PostPosted: Tue Mar 09, 2010 23:11:44 pm 
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Lakatoi 4 wrote:
Their lifetime use is much higher than the paper one's, the security features are better, but the most important thing is they suffer no ill effects after being in the pants pocket and going through the washing machine 8)


Just don't put them in the spin dryer!

Have you seen one in the oven?
Makes a very nice keyring tag when shrunk!

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PostPosted: Wed Mar 10, 2010 01:11:37 am 
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Global Administrator wrote:
Is Queenie still on the reverse?

As Australia owns the technology for make polymer notes, I'm delighted to learn we will make money for every dollar that Canada prints!


That would be obverse (the front). (Harder to remember is recto-verso)

Queenie crops up on the 20; she was on the 1,000 until it was dropped a few years ago...quite rightly, the Mint realized that ordinary people don't carry cash like that around, and stopping production would only really hurt drug dealers and the like (although as in the States, the 100 is probably the more preferred note of choice...IIRC, there was only something like 27,000 of the $1,000 note even circulating!)

Queenie was also on the $1 and $2 bills, until they were replaced with coins, on which she is featured on all. No former PMs on those. For the record, it's $5 Wilfred Laurier (2nd Cdn PM), $10 John A. MacDonald (1st Cdn PM, then on and off for a couple decades), $20 Queenie, $50 William Lyon Mackenzie King (PM during WW2), $100 PM Borden (can't think of anything to say about him, except we don't see much of him anymore either as most shops won't accept the 100 due to counterfeiting). The former series of notes featured birds on the reverse, those were replaced ca. 2006 with various cultural scenes (hockey!)

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PostPosted: Wed Mar 10, 2010 04:54:30 am 
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So now it won't only be the cheques that bounce?? :twisted:

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PostPosted: Wed Mar 10, 2010 05:06:40 am 
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librarianc wrote:
So now it won't only be the cheques that bounce?? :twisted:


Plus money will slip through your fingers even more easily. :wink: :wink:

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PostPosted: Wed Mar 10, 2010 08:57:38 am 
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Here's a link to the news story from the CBC. We will be getting the plastic from Austrailia. They have not announced or shown the design as of yet. They want to make the counterfitters work harder next year.

http://www.cbc.ca/canada/ottawa/story/2 ... money.html

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PostPosted: Wed Mar 10, 2010 09:39:47 am 
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The plastic notes are virtually impossible to counterfeit. Another brilliant Australian invention 8)

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PostPosted: Wed Mar 10, 2010 11:16:41 am 
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Allanswood wrote:
Lakatoi 4 wrote:

Their lifetime use is much higher than the paper one's, the security features are better, but the most important thing is they suffer no ill effects after being in the pants pocket and going through the washing machine 8)


Just don't put them in the spin dryer!

Have you seen one in the oven?

Makes a very nice keyring tag when shrunk!


Spin dryer .. heck trying IRONING a shirt with one in the pocket. :lol: :lol:

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PostPosted: Wed Mar 10, 2010 11:19:30 am 
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aethelwulf wrote:

Queenie crops up on the 20; she was on the 1,000 until it was dropped a few years ago...quite rightly, the Mint realized that ordinary people don't carry cash like that around, and stopping production would only really hurt drug dealers and the like


Image


There were £100 - and £1000 notes here locally .. one of the latter was actually sold in recent times.

As I urge all readers here in next month's column -- spend less than $A30 (from a member here!) and have a McDonald mailed to your door - in full colour now!

http://www.glenstephens.com/snapril10.html


A book EVERY reader of this board should own -- trust me on that.

And of course these high values were for interbank transfers in the main.

The USA of course had $US10,000 and $US100,000 bills for that purpose.

The first person who posts here on this thread that they want it, will have one of these mailed by me post free -

Image


The Europeans have had 500 Euros in wide circulation for a decade or so.

Image


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PostPosted: Wed Mar 10, 2010 11:44:49 am 
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Hi Glen
I would like one please.
Frank.

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PostPosted: Wed Mar 10, 2010 11:47:54 am 
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One for Frank .. please email me your address!

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PostPosted: Wed Mar 10, 2010 14:14:32 pm 
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Done
Off and running.
Frank.

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PostPosted: Wed Mar 10, 2010 16:51:54 pm 
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Lakatoi 4 wrote:
The plastic notes are virtually impossible to counterfeit. Another brilliant Australian invention 8)


The others are......? :lol: :P

I'm thinking:
Foster's - more an innovation on an existing idea (beer) than an invention
Paul Hogan - well you don't invent people of course, you just 'make' a baby and then foist the creature on the unsuspecting world....
Rabbit-proof fence - I think these worked? Now if they had been electric fences, that would have gone some ways to fixing the rabbit problem altogether...
Dame Edna - love or hate 'her', there's a character not many can't invent!
Botany Bay - I guess it was the British that invented this idea, but the concept of shipping your unwanteds to the furtherest point from you is brilliant, and serves as the basis for all kinds of modern behaviour--the Gulag in Siberia, 'shipbreaking' in Bangladesh, barrels of nuclear waste dumped in the mid-Pacific...

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PostPosted: Wed Mar 10, 2010 16:55:10 pm 
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Haven't you heard ,the floods flattened a lot of fencing now dingos and rabbits are running free.

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PostPosted: Wed Mar 10, 2010 17:06:31 pm 
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Since we're talking about Canadian currency, an image of the money might be nice reference.

I took this image from the internet, so apologies for the 'watermark' at the bottom of it.

At the left of each bill you can see a holographic stripe...I remember that was introduced first on the high-value notes, I've been away too long and didn't know they extended that to all values. The previous banknote series had only a small hologram in the UL corner, and apparently some cashier's didn't pay enough attention to the green-turns-to-gold effect and let fakes done on colour-copiers get past them. :roll:

Image

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PostPosted: Thu Mar 11, 2010 12:53:58 pm 
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Canadian Centennial Dollar bill, notice there are no serial numbers only the dates 1867 1967.
With this buck in 1967 I could have bought about 2 1/2 gallons of gas, now all I would get for it is one liter

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PostPosted: Fri Dec 31, 2010 06:55:16 am 
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I have heard this earlier and will be looking forward to seeing the new
Canadian bills.

My understanding is that Australia has had these for a while but I don't know for how long. My nephow goes to Australia in January and we bought him some Australian currency for him to have on landing and, my understanding is, that the bills we got for him were plastic but I couldn't tell by the feel?

Can anyone enlighten me here?

Thank you

Muskokan

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PostPosted: Fri Dec 31, 2010 08:38:10 am 
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Back in July I posted the news that Canada was replacing its rag & paper banknotes with polymer notes in the new year & withdrawing all the old ones. ( See topic "Show your world banknotes")

Earlier I had obtained a set of pristine Canadian currency to retain
for posterity.

Thinking back to decimal conversion in Australia, many people were
frantically obtaining the new money, but really smart ones were storing away their "stirling" uncirculated banknotes.
A similar activity had taken place in New Guinea where many high silver content old (1910's & 1920's) coins were circulating. They
actively sought those coins & put them away. Some were in good condition having been buried in sacking by native tribes & retrievied
to purchase trucks, etc. I recall seeing a Toyota 6000 truck in 1972 being bought in Mt Hagen (around A$6,000) entirely with sacks of coin. The dealer had to count it all, but refrained from licking his fingers during the count.
Again, in a trade store (rough "bush" shop which sells to natives)
I observed a wild bush 'kanaka" having made a purchase & wearing no clothes, withdrawing amuch folded A$10 banknote from one of his nostrils. There was nowhere else for him to carry it. That is why the 1939 era shilling, six pence, three pence & 1 penny were manufactured with a hole in the centre.

Sorry, got off the Canadian polymer note subject, but it just seemed to follow.


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PostPosted: Thu Jan 27, 2011 13:12:07 pm 
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aethelwulf wrote:
Lakatoi 4 wrote:
The plastic notes are virtually impossible to counterfeit. Another brilliant Australian invention 8)


The others are......? :lol: :P

I'm thinking:
Foster's - more an innovation on an existing idea (beer) than an invention
Paul Hogan - well you don't invent people of course, you just 'make' a baby and then foist the creature on the unsuspecting world....
Rabbit-proof fence - I think these worked? Now if they had been electric fences, that would have gone some ways to fixing the rabbit problem altogether...
Dame Edna - love or hate 'her', there's a character not many can't invent!
Botany Bay - I guess it was the British that invented this idea, but the concept of shipping your unwanteds to the furtherest point from you is brilliant, and serves as the basis for all kinds of modern behaviour--the Gulag in Siberia, 'shipbreaking' in Bangladesh, barrels of nuclear waste dumped in the mid-Pacific...


I think the Australian invention that has proven the most valuable was the Black Box Flight Recorder. These have, as a result of recording details of air crashes, saved countless lives over the last 50+ years. At least 2 such recorders are in every single commercial airliner flying today. Unfortunately, the then Australian Gov't refused to fund it's development and the patent was sold (by CSIRO).

And what about a much more recent technology? The ability to separate Uranium 232 from Yellowcake by means of a laser device? Much faster than centrifuges and has been licensed to General Electric, with hefty royalties to accrue. The fact that we are not going to utilise this technology in Australia, but sell yellowcake to others to be turned into fuel is another story!

Then, of course, there is the combine harvester. Need I go on? :lol:

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PostPosted: Fri Mar 11, 2011 05:57:13 am 
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OTTAWA — Canadians will soon be able to start using plastic money for real.

The Bank of Canada says it will start circulating new $100 bill made from a special polymer in November, with a $50 note to follow next March.

The more commonly used $20, $10 and $5 notes won't be out until the end of 2013, however.

Canadian bills are currently made from 100 per cent cotton paper.

The central bank says the new bills will have innovative security features that make it easier to detect forgery.

And they will be cheaper because they are expected to last at least 2.5 times longer than paper money.


http://www.ctv.ca/CTVNews/Canada/20110310/plastic-money-era-to-begin-in-november-110310/

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PostPosted: Wed Oct 26, 2011 10:09:24 am 
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OK pervs and zealots get your magnifying glasses out for the new CDN currency. :evil: :twisted: :shock: :lol: :lol:

http://www.cbc.ca/news/offbeat/story/20 ... group.html


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PostPosted: Thu Oct 27, 2011 00:13:54 am 
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The Toronto Star has a couple of images at the bottom of this article.

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PostPosted: Thu Oct 27, 2011 04:23:06 am 
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Who is the old geezer on the $100 Canada note?

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PostPosted: Thu Oct 27, 2011 04:33:21 am 
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GlenStephens wrote:
Who is the old geezer on the $100 Canada note?

Hi Glen, it is Sir Robert Borden. He was the 8th Prime Minister of Canada.

There is more information on the new Bank Notes on the Bank Of Canada Web Site, which can be accessed here.

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PostPosted: Thu Oct 27, 2011 06:58:32 am 
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Lakatoi 4 wrote:
The plastic notes are virtually impossible to counterfeit. Another brilliant Australian invention 8)


So what about all these stories on the news about fake $50.00.bills floating about,that look as good as the original ones, :?

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PostPosted: Thu Oct 27, 2011 07:10:32 am 
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They don't look as good as the original at all. They don't don't have the clear OVD for a start. The only reason they can be passed at all is by using them in very busy places (like nightclubs and bars), where busy staff are distracted and don't notice the crude forgery they have been given until later.

The RBA estimates the incidence of fake $50 notes is 1 in 100,000. This is much better than when paper notes were in use.

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