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A Test Only a Numismatist Can Love
June 14, 2012

I had lunch yesterday with a couple preparing to go on a vacation to Canada.

Giving their plans a numismatic twist was the fact that they will be taking some Canadian coins and bank notes with them.

As an experiment, they have been accumulating some of the floating supplies of such material in Iola. Coins and notes from Canada tend to accumulate here as the country is a favored fishing spot for many of my neighbors.

These fishermen and other vacationers tend to bring back small amounts of Canadian currency each time they visit.

If you have ever vacationed in a foreign country, you know how it works. You can never precisely plan your cash needs and there is always a little left when you recross the border to the United States heading home.

The test will come when these accumulated Canadian items are repatriated and presented to banks/businesses along the way.

Some I expect will pass with no problem as they are current. Other items, such as $1 Canadian bank notes, which haven’t been current for over 20 years, is another kettle of fish. Will banks still take them?

I haven’t researched this particular question in many years. If I ever knew the answer, it has long since vanished from my memory.

I remember when the Canadian dollar bill was on its way out back in the late 1980s. It proved to be an attractive subscription premium for Bank Note Reporter.

What the attractions of the notes are today, if any, I cannot say.

I am eager to learn the outcome of this little experiment when they return.

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About the Author
David C. Harper has been a coin collector since 1963. He joined the Krause Publications editorial staff in 1978 and is currently editor of Numismatic News and World Coin News. He also edits two books annually, North American Coins & Prices and Coin Digest. He is the author of the Class of '63 column that runs each week in Numismatic News. His first bylined numismatic article appeared in the June 1971 issue of Coins Magazine and his various Krause Publications assignments included a stint as editor of the magazine 1980-1983. Harper received a bachelor of science degree from the University of Wisconsin-Oshkosh in 1977. He had a double major of journalism and economics.

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