The Long Run Blog

Critical Thinking on Money, Finance, and Economics

Getting rid of Lincoln and the Maple Leaf?

In Canada, there is a fair amount of American coinage in circulation. No Canadian retailer would refuse payment that includes American coinage. Of course no exchange is ever given on coin.

When you work in retail and come in contact with a great deal of coinage, you can kind of supplement your income by fishing out American coins, tossing in Canadian coins, and eventually collecting enough American coinage that you can roll the coin. Banks won’t give exchange on loose coins but if you have an American funds bank account at your Canadian bank, the bank will accept rolled American coin same as American paper bills. Read more »

January 22, 2009 Posted by | Personal Finance | | Leave a Comment

   

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