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New Canadian Currency Melts

Turns out Canada’s new $100 and $50 bills can’t stand the heat after all. Under certain conditions they will curl up like bacon in a frying pan.

“The Bank of Canada cannot rule out that polymer notes may be damaged under certain extraordinary conditions,” Julie Girard, a currency spokesperson for the Bank of Canada, told the Star Thursday. According to various reports, the so-called indestructible polymer bills will shrink under intense heat, be it the inside of a car or placed next to a heat source.

The new $100 bills, which were introduced in November, underwent scientific tests to make sure they withstood various conditions, the Bank of Canada says. The polymer $50 was introduced earlier this year.

According to anecdotal reports from Brittney Halldorson, a teller at the Interior Savings Credit Union in Kelowna, B.C., she’s heard of cases where several of the bills have melted together inside a hot car.

The Star confirmed another report of a Halifax man who laid his wallet on a toaster oven after toasting a bagel and noticed later that three $100 bills had taken on the shape of a “Coke bottle.”

“So you can’t rip them, you can’t tear them, you can’t wreck them by washing them but apparently you can heat them and melt them,” said a banking industry source who asked not to be identified.

And then there was the Cambridge Times (a sister paper of the Star) story in January about a man who at Christmas left eight $100 bill he had received as a bonus in a tin box near a heater only to discover a day later that they had shrivelled up.

But how could this be possible given that the Bank of Canada says it rigorously tested the new longer lasting bills in extreme heat of 140°C and extreme cold of -75°C temperatures?

The Bank of Canada isn’t saying.

The new $100 bills cost 19 cents each to produce — almost twice that of paper bills — but are said to last 2.5 times longer, or about 19 years, than the paper cousin and are resistant to tearing and water damage. The new bills also have hidden security features, including transparent holograms, making them difficult to counterfeit.

http://www.thestar.com/business/article/1225532--plastic-bills-quick-spend-them-before-they-melt



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Added: Jul-14-2012 Occurred On: Jul-14-2012
By: joe prole
In:
Other News, WTF
Tags: Canadian Money, I'm melting!!!
Location: Canada (load item map)
Marked as: approved
Views: 3230 | Comments: 57 | Votes: 0 | Favorites: 0 | Shared: 6 | Updates: 0 | Times used in channels: 3
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  • Plastic melts?

    Who would have thunk it...

    Posted Jul-14-2012 By 

    (3)

  • If you are stupid enough to leave your money near a heat source, you deserve to have them destroyed

    Posted Jul-14-2012 By 

    (2)

  • Comment of user 'BloodyPeasant' has been deleted by author!
  • I had one with a snapped off corner, Apparently they didn't think it gets cold here.

    Posted Jul-14-2012 By 

    (2)

  • Nothing is indestructible

    Posted Jul-14-2012 By 

    (1)

    • Comment of user 'GERMANY_PREVAILS' has been deleted by author!
    • Comment of user 'BloodyPeasant' has been deleted by author!
  • Fantastic security feature! Yep, that one was real, it shrunk...

    Posted Jul-14-2012 By 

    (1)

  • And this is why real money is Gold and Silver. Smash it, burn it, melt it... its still the same thing. It will never be worth zero. Gold and Silver will always protect against inflated currencies and maintain their purchasing power. In 1920, Gold was $20/oz. That $20 would buy you a very nice handmade suit. Today, Gold is $1600/oz. And it will still buy you that exact same suit. Its not that the price of everything has gone up, its that the purchasing power of the Dollar has gone down. Get out o More..

    Posted Jul-14-2012 By 

    (1)

    • @MarlboroMan
      I am not shure about this, but i believe that not even melting any metal is a perfect process, there are always losses.

      And the only reason gold has any value besides anti-corosive coating is belief. As long people believe it is valuable, it will be.

      Posted Jul-14-2012 By 

      (0)

    • @AkumAone Don't forget it's a better conductor than copper.

      Posted Jul-14-2012 By 

      (0)

  • Another American currency having problems. Almost as if someone wants the Amero.

    Posted Jul-14-2012 By 

    (1)

  • Oh noes? You can't get this money really
    hot or set it on fire? How unreasonable!

    *Whelp*

    Posted Jul-14-2012 By 

    (1)

  • Now I can see that money burning a hole through my pocket

    Posted Jul-16-2012 By 

    (1)

  • Plastic isn't fireproof?! *GASP!*

    Posted Jul-14-2012 By 

    (0)

  • Really all depends on how many of the old notes got washed, part burnt or damaged and had to be replaced against the same with the new notes. I can't see many claims for replacement on the new notes, especially if you can keep ya wallet in ya pocket whilst going swimming instead of some cunt nicking it!

    Posted Jul-14-2012 By 

    (0)

  • Comment of user 'BloodyPeasant' has been deleted by author!
  • Meh, I can't see what the fuss is we have had polymer notes for over 15 years now. The notes last longer and if you leave them in your pocket during the wash it doesn't matter. Also polymer notes are 10x harder to forge as they contain a dozen security features that need very very expensive equipment to copy.

    Posted Jul-14-2012 By 

    (0)

  • Comment of user 'MB-UK' has been deleted by author!
    • Comment of user 'BloodyPeasant' has been deleted by author!
    • @BloodyPeasant There would be if we raided the vatican. You could feed the world just on the price of the pope's solid gold butt-plug.

      Posted Jul-14-2012 By 

      (0)

    • Comment of user 'BloodyPeasant' has been deleted by author!
    • Comment of user 'MB-UK' has been deleted by author!
    • Comment of user 'BloodyPeasant' has been deleted by author!