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Topic: Dominion of Canada 1911, $500 note  (Read 12340 times)
Popadoodle
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« on: April 01, 2008, 05:21:33 pm »

I was wondering where I could find out what the value, if any, of this note, and if there is any demand..

thanks.
twoinvallarta
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« Reply #1 on: April 01, 2008, 05:28:19 pm »

Welcome to a superb forum Popadoodle.

As to your ?,nope.Obsolete,era gone bye buy(lol),send it to me asap,I'll even pay shipping,i have a very thorough shredder

All kidding aside,very valuable,in any condition.I must run but many other great posters to this site will fill you in
« Last Edit: April 01, 2008, 05:30:20 pm by twoinvallarta »

Gary_T
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« Reply #2 on: April 01, 2008, 05:29:18 pm »

 A scan would REALLY help with this.

Gary_T
Popadoodle
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« Reply #3 on: April 01, 2008, 05:56:46 pm »

Sorry, don't have a scanner, but, page 170 of the 20th edition2008, Charlton Standard Catalogue has the exact same picture...
I see what they say its worth, but they must be kidding.... Right??
Bob
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« Reply #4 on: April 01, 2008, 06:08:19 pm »

Does this have anything to do with today's date, April 1st?

Collecting Canadian since 1955
Popadoodle
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« Reply #5 on: April 01, 2008, 06:10:59 pm »

No...
kid_kc79
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« Reply #6 on: April 01, 2008, 06:38:37 pm »

The book gives a price but since so few are sold its hard to say what the note is actually worth

I think you will find plenty of interest but few capable of making this purchase. Without pictures, grades, serial numbers or a detailed description it is very hard to evaluate a note.

KC's Canadian Currency
Popadoodle
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« Reply #7 on: April 01, 2008, 07:50:38 pm »

Thanks, I will try to get it scanned and add more info in the next few days......
jasper
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« Reply #8 on: April 01, 2008, 08:37:09 pm »

One of these came to auction 3 years ago in VG-Fine grade and was estimated at $150,000. It was bought for around $125,000 if I recall. At that time, it was said there were two of these surviving so if this is a third, the prices may come down a bit if the prices were that high assuming only 2 surviving. Nevertheless a very rare note.
Popadoodle
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« Reply #9 on: April 01, 2008, 09:04:29 pm »

Thanks for the response, I will probably go and have it evaluated, want to make sure its real, before I go ahead..
Popadoodle
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« Reply #10 on: April 01, 2008, 09:31:13 pm »

Just had it scanned, hope this works....

[attachment deleted by admin]
jtfrogger
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« Reply #11 on: April 02, 2008, 11:48:44 am »

If you now have this note, please tell the story as to how you got it.  It sounds like it was a find and that you didn't expect it to be worth this much.  I don't have the means to buy the note, but I like a good story.
Ottawa
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« Reply #12 on: April 02, 2008, 02:38:15 pm »

An example of the same note (with Serial No. 010303) was offered in the Feb. 24-26, 2005, TOREX Auction. It was illustrated in the catalogue where it was graded as VG/Fine and estimated at $150,000. I don't believe that it found a buyer but I could be wrong. The TOREX catalogue described this note as "The Empress of Canadian Banknotes".

Whatever you do, don't wash it, press it, or trim it!

{http://img.villagephotos.com/p/2008-1/1293040/$500.jpg}

« Last Edit: April 02, 2008, 02:40:03 pm by Ottawa »

" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).
hanmer
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« Reply #13 on: April 02, 2008, 04:54:12 pm »

Put it in a safety deposit box ASAP. No insurance coverage if lost or stolen.

:)


:)
jasper
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« Reply #14 on: April 02, 2008, 06:25:16 pm »

I don't believe that it found a buyer but I could be wrong.

Perhaps it sold privately after the auction. I recall a buzz around this and seem to recall a dealer buying it.
 

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