Category Archives: Legal tender

Changes to Legal Tender Status for Some Older Canadian Banknotes Take Effect in 2021

By Bank of Canada …… In accordance with amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018, the federal government of Canada recently decided to remove legal tender status from some older Canadian banknotes as of January 1, 2021. This change will affect the $1, $2, $25, $500 […]

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Armageddon for the Royal Canadian Mint’s $20 for $20 Silver Coin Program

By Eric Brothers for CoinWeek ….. It seemed like a great idea at the time. Called “Face Value collectibles”, the face value of these .9999 fine silver coins was the same as the selling price. According to Royal Canadian Mint (RCM) spokeswoman Christine Aquino, the $20-for-$20 series, as it was popularly called, was an excellent […]

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CoinWeek to Deliver Presentation at World Mint Directors Conference in Bangkok

By Charles Morgan for CoinWeek ….   To our readers, a quick note: For the next week I will be in Bangkok, Thailand, site of the 2016 World Mint Director’s Conference. CoinWeek was invited to deliver a presentation at the conference and our topic will be on Modern Coins and the Secondary Market for these issues. […]

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