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How much is a Canadian 500 bill worth?
“The most valuable one taken out of circulation is the five-hundred dollar bank note. That one right now is a minimum of $12,000 in poor condition. It could be as much as $250,000,” Lawryniw said.
Are there 1000 dollar bills in Canada?
The $1,000 denomination stopped being issued in 2000, and it is no longer considered legal tender. Essentially, you won’t be able to spend them in a cash transaction. This does not mean that the notes are worthless, however. The Bank of Canada says it will continue to honour them at face value.
What is the largest bill in Canada?
A $1-million payment in $100 bills, currently the highest denomination circulating Canadian note, requires 10,000 bills and weighs 10 kilograms. But in $1,000 bills, it is a manageable 1,000 notes weighing one kilo.
How much is $1000 bill worth now?
A common circulated $1000 Federal Reserve Note might cost somewhere in the $1,500 to $2,500 range. Star notes are worth at least $2,000 and can go up to several thousand dollars. Notes with lime greens seals can be worth several thousand dollars or 10’s of thousands if in excellent condition.
What is a $1 000 bill worth?
Heavily circulated bills are worth anywhere between $2,000 to $5,000. Bills in Good to Fine condition can go for between $5,000 to $12,000. Uncirculated or almost-uncirculated notes can be worth 10’s of thousands of dollars. Circulated notes in good condition are worth about $1,800.
How much money can you deposit without being reported in Canada?
The truth is, you don’t have a limit to the amount of money you can deposit in an ATM. However, if you deposit any amounts above $10,000, the bank will first report to FINTRAC. Also, immigrants entering the country carrying more than $10,000 in cash should first declare it to avoid problems with the government.
What is a $500 bill worth today?
Over 900,000 of these bills were printed; however, less than 75,000 are believed to still be in circulation today and therefore available to collectors. These bills can be worth anywhere between $600 to over $1,500 apiece with an average worth of about a 40% premium to the bill’s face value.