by Know Common Cents » Wed Mar 02, 2011 10:28 pm
I don't live in Canada, but do have access to a substantial amount of dimes and quarters. Usually twice each year I make a run across the border to cash them in for CDN paper money. Never had a single problem turning in the coin (all rolled, of course). I've found some high quality 1970s dimes and quarters that appear to have been unc when they were thrown in a drawer for 35-40 years. Those I save.
Just a few years ago, I was paying $0.65 US for $1 in CDN change. So much for that deal now with the US buck now in the position of weakness. Check precious metals prices. An ounce of gold or silver costs less in CDN dollar terms now than its US counterpart due to the sagging George Washington. I suspect that'll continue and I sure intend to use those coins to get smaller CDN bills to sock away as an alternative currency. One never knows. Best to be prepared rather than waiting for nickel prices to double from current levels.
"I don't know what I'm doin' but I'm sure havin' fun" Herman Munster
I've recently adopted the Groucho Marx philosophy for dealing with politics and other life challenges, "Whatever it is, I'm against it!" (Horse Feathers 1932)