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Canada's new plastic money

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ElFenix said:
plastic fiver issued in northern ireland.
http://en.wikipedia.org/wiki/Banknotes_of_Northern_Ireland#Northern_Bank_notes

why does it have a space shuttle on it?
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IHNFI.

Following the theft of £22 million from its money handling centre in Belfast on 22 December 2004, allegedly by the Provisional IRA, Northern Bank announced on 7 January 2005 that all its notes were to be recalled and reissued in different colours and styles, and using the bank's new logo.
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Gotta love NI though.
 
This should be interesting.

One thing I would love to see is a $5 coin. I remember it being talked about at one point but it never actually happened.
 
Australia's had em for 20 years. They're awsome. I dont understand why any country still issues paper money.

Paper money, lol. What happens if you leave a note in your pocket then wash them?!
 
There's something wrong with cotton? Don't get me wrong I can see some mild advantages, but counterfeiting isn't that widespread and I'd think plastic would be more expensive to produce, at least in the US where we have a ready abundance of cotton.
 
irishScott said:
There's something wrong with cotton? Don't get me wrong I can see some mild advantages, but counterfeiting isn't that widespread and I'd think plastic would be more expensive to produce, at least in the US where we have a ready abundance of cotton.
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They would be more expensive to produce, but I don't think by that much.

And they become more econmic in the long term as they practially last forever. In practice a polymer note would probably last 3 to 4 times what a paper note would, so as long as they cost less than 4 times as much to produce you're in front.

Paper notes constantly need to be replaced in circulation.
 
irishScott said:
There's something wrong with cotton? Don't get me wrong I can see some mild advantages, but counterfeiting isn't that widespread and I'd think plastic would be more expensive to produce, at least in the US where we have a ready abundance of cotton.
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They last longer. I think that is the main advantage.
 
RocksteadyDotNet said:
Water cleans paper? O'rly?
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Paper != cotton. I've accidentally washed pants with money in the pocket multiple times, comes out just as usable as when it went in.

http://en.wikipedia.org/wiki/United_States_dollar
Today, USD notes are made from cotton fiber paper, unlike most common paper, which is made of wood fiber.
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http://www.enchantedlearning.com/math/money/bills/one/
COMPOSITION: Bills are composed of 25% linen and 75% cotton; red and blue synthetic fibers are distributed throughout the paper.
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