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{"id":1339,"date":"2015-04-13T01:54:39","date_gmt":"2015-04-13T07:54:39","guid":{"rendered":"http:\/\/vaticanenquirer.com\/?p=1339"},"modified":"2017-03-09T09:16:34","modified_gmt":"2017-03-09T15:16:34","slug":"canadian-banks-buying-up-old-2-bills","status":"publish","type":"post","link":"http:\/\/vaticanenquirer.com\/canadian-banks-buying-up-old-2-bills\/","title":{"rendered":"Canadian Banks Buying Up Old $2 Bills"},"content":{"rendered":"

\"Canadian-Two-Dollar-Bill-Sized\"<\/a><\/p>\n

VATICAN ENQUIRER (Montreal) \u2014 Canada\u2019s Big 5 banks announced today that they have begun buying old, out-of-circulation $2 bills in reasonable condition for $20 at all their branches.<\/p>\n

\u201cCanadians have hung on to $2 bills since 1996 knowing they would be worth something some day,\u201d said Elizabeth Dawkins, TD Canada Trust VP of Personal Accounts.<\/p>\n

\u201cWell, that day has come and you can now cash them in.\u201d<\/p>\n

The move to buy back the long-cancelled $2 dollar bills has Canadians searching their homes to find where they put the former currency nearly two decades ago in the belief that they would be worth a pretty penny some day.<\/p>\n

\"Banks-Big-Five-Canada-Sized\"<\/a><\/p>\n

One rare, new-condition $2 bill with a printing error was recently reported to have sold for $20,000 according to internet news site The Huffington Post.<\/p>\n

But Dawkins said that was an urban myth and the bill actually sold for only $10,000 less TD Canada Trust\u2019s commission.<\/p>\n

\u201cThere are still more than 800 of those misprinted $2 bills that people have been hanging on to not knowing they\u2019re worth a bundle. You might have one hidden away for sure but right now most $2 bills are being bought for $20 to $22.\u201d<\/p>\n

The interest in buying the out-of-circulation Canadian $2 bills is largely coming from U.S. and European collectors who made considerable profits on buying up Canadian $1 bills when they were withdrawn from circulation in 1989. Mint-condition $1 bills are now selling for upwards of US$45.<\/p>\n

\u201cWe are currently expanding our program to buy Canadian $5 bills that will go out of circulation in June, 2017,\u201d said Dwight Nault of the American Society of Notaphilists.<\/p>\n

\u201c$5 banknotes are now going for only $6 but we anticipate they will climb to over $9 as 2017 gets closer.\u201d<\/p>\n

The Montreal Gazette interviewed more than a dozen people in the city\u2019s downtown for today\u2019s edition and virtually all indicated they had old $2 bills but only two people could say with certainty where those bills were located.<\/p>\n

\u201cI\u2019ve got four of them hidden in my old Funk and Wagnall encyclopedias,\u201d laughed 37-year-old lawyer Denis Beaulieu.<\/p>\n

\u201c$80 for $8 worth of $2 bills? Sweet.\u201d<\/p>\n

$2 bills can be exchanged for $20 bills at any branch of the CIBC, BMO, RBC, Scotiabank, or TD Canada Trust.<\/p>\n

Via thelapine.ca<\/p>\n","protected":false},"excerpt":{"rendered":"

VATICAN ENQUIRER (Montreal) \u2014 Canada\u2019s Big 5 banks announced today that they have begun buying old, out-of-circulation $2 bills in reasonable condition for $20 at all their branches. \u201cCanadians have hung on to $2 bills since 1996 knowing they would be worth something some day,\u201d said Elizabeth Dawkins, TD Canada Trust VP of Personal Accounts. […] More<\/a><\/p>\n","protected":false},"author":4,"featured_media":1341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[1],"tags":[203],"adace-sponsor":[],"jetpack_featured_media_url":"http:\/\/vaticanenquirer.com\/wp-content\/uploads\/2015\/04\/Canadian-Two-Dollar-Bill-Sized.jpg","jetpack_publicize_connections":[],"wps_subtitle":"","_links":{"self":[{"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/posts\/1339"}],"collection":[{"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/comments?post=1339"}],"version-history":[{"count":1,"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/posts\/1339\/revisions"}],"predecessor-version":[{"id":1342,"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/posts\/1339\/revisions\/1342"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/media\/1341"}],"wp:attachment":[{"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/media?parent=1339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/categories?post=1339"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/tags?post=1339"},{"taxonomy":"adace-sponsor","embeddable":true,"href":"http:\/\/vaticanenquirer.com\/wp-json\/wp\/v2\/adace-sponsor?post=1339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}