You've heard the old adage about letting money burn a whole in your pocket? Readers in Canada are facing a related problem -- melting plastic currency. The media are having some fun with the story, pointing out that the currency was supposed to be indestructable. But a Bank of Canada spokeswoman confirmed today that the polymer notes may be damaged "under certain extraordinary conditions." Canada introduced the polymer $100 bills in November, and added $50 notes earlier this year. Toronto's Star covers the story today, with the tongue-in-cheek headline "Plastic bills: Quick! Spend them before they melt." (The confirmation comes just a few hours after UPI reported "Canada denies its plastic banknotes melt.") Before anyone panics, read the Star story carefully. One guy reported that three of his $100 notes melted after he left his wallet on a toaster oven. Does anyone really expect a piece of polymer film -- even one worth $100 -- to stand up to heat that's enough to toast a bagel? C'mon. Basically, some Canadians just seem skeptical about all the advantages of polymer currency. You may recall a few months ago, when I shared a story about concerns about the durability of the new plastic currency.
Canadians deal with melting money
Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Plastics News would love to hear from you. Email your letter to Editor at [email protected]