Dominion of Canada 1911, $500 note

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

thanks.

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

 A scan would REALLY help with this.

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??

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

No...

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.

Thanks, I will try to get it scanned and add more info in the next few days......

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.

Thanks for the response, I will probably go and have it evaluated, want to make sure its real, before I go ahead..

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

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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.

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!

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

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.