Canada’s new $100 and $50 bills can’t stand the heat - Quick! Spend them before they melt -
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.
Read more -
http://www.thestar.com/business/article/1225532--plastic-bills-quick-spend-them-before-they-melt
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.
Read more -
http://www.thestar.com/business/article/1225532--plastic-bills-quick-spend-them-before-they-melt
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