Recent Posts

News: Welcome to the Canadian Paper Money Forum.

Murray, thanks very much for the reply, was hoping I hadn't posted inappropriately. The group of 4 I mentioned under "Fourth" were also Beattie/Rasminsky so the values would be the same as the others mentioned, unless the grade was different. The 1954 *$5. note bears signatures of Beattie/Rasminsky as well and the serial number is
RC 0068792.

I'm working on becoming familiar with and understanding valuations at http://coinsandcanada.com/banknotes. I did some serial number searches, showed values for both circulated and uncirculated. I'm unsure as to whether a serial number search zeroes in as to whether the notes are with or without the devil's face. I thought I was getting an idea but feel confused just now.

It feels it's time, at least coming soon, to downsize in sentimental hobby possessions and we have no family with interests in banknotes or coins. I don't consider myself a banknote collector - did keep coins too, need to begin planning there too but I'm sure that's another Topic. I am grateful for your post.  Al.

Welcome to the forum,
On your notes value, as you found out most importantly is the condition of the notes. 

1937 - Coyne Towers $1, in perfect Gem Unc condition this is book value of $150.00, then in CH UNC its $90, then UNC at $75.00 then AU at $45.00.  Its a fairly common note.

1954 Beattie Rasminsky * $1 BM notes, Gem Unc is $25, CH Unc $16, UNC $11.  Again quite common.

1954 Beattie Rasminsky * $1 AA notes Gem Unc is 30, CH Unc is 20, Unc is 17.  again common but less so than the BM.

The other notes i need serial numbers for to price accurately.  Hope this help, Murray

And sadly, two months after the release, the new tens are very scarce in my province.  I don't even know if any bank in Newfoundland is even interested in ordering any of the new $10 bills, but one Scotiabank branch in my hometown informed me that they did have the new tens, but they were mixed in with mostly the MacDonald variety.  I am not sure if any bank received a full order of all new tens.

There had been no new tens in my province since 2014, and the more I think about it, the more I am starting to realize that Newfoundland's economy no longer supports a need for tens anymore, especially when the cost of fast food meals - which was what drove the existing but weakening demand for $10 bills in my province -  is greater than $10 with tax, and if it doesn't cost that much yet, it is very close.

I also noticed that in the last two years, there have been fewer and fewer new $20s in my province, so based on that trend, it looks like, here in Newfoundland, the $10 bill's days are winding down, and the number of $20 bills in my province is very close to its peak.

As for the "16.9 million bills in circulation" claim from the article, that may still be true.  Do realize that they were delivered to main branches, and for there to be only 5 prefixes reported so far, it implies that the smaller branches never got to see those other prefixes yet, and probably won't until the older tens have worn out.  Either that, or the banks are having a hard time going through them.

Or, by the time the tens were released, banks in Newfoundland had already ordered their supply of money for the winter months, especially considering the bills might have to be delivered via ferry, and Newfoundland tends to have rough weather, possibly causing delivery delays.  Banks don't want to be impacted by long delays, so they probably ordered a big supply of recycled bills to do them through the end of March or April, and my province's banks may not see the first wave of new tens until the spring.  Maybe the 3.3 million outstanding tens waiting to be released are being held for Newfoundland until the main branches in that province are ready to order them, likely when the weather will be better and it is smooth sailing (definitely by May).

Banks in Newfoundland used to have no problem getting new bills in the winter months in the 1980s and early 1990s, but in 1996 or so, it seemed as if the first wave of new bills for the new year for Newfoundland wouldn't come until April, and in this day and age, it doesn't happen until May.

So, I wonder if the newest RBC ATMs will dispense more than just $20s and $50s?

I also read on another forum that Scotiabank ATMs in Toronto that used to dispense $10 bills are now replaced by ATMs that dispense all the current denominations except $10 bills.  I wonder if those newer Scotiabank ATMs also accept cash without envelopes?  If they don't, it wouldn't surprise me if it happens soon.

Hello, newbie here with, hopefully, a successful first post. For many years  I have stashed several bills from new money shipments for a chartered bank. Here is information on ones I hope have potential interesting valuation possibilities. First 1 is a 1937 $1. note Coyne/Towers YM8785272. This one was found in the tellers cash at end
of banking day, I've looked at "Grading Canadian Banknotes" data & this looks to me to qualify as AU, maybe better. Second - 3 asterisk 1954 $1. notes Beattie/Rasminksky BM0357384-386 look good as new to me, no folds and never in circulation. Third - 9 asterisk 1954 $1. notes Beattie/Rasminksy AA0441292-300, good as new I think. Fourth - 4 asterisk 1954 $1. notes Beattie/Rasminsky, 3 as new and 1 at high end of AU I think. Fifth - 1 asterisk 1954 $5. note Beattie/Rasminsky, no folds or counting marks, not circulated and looks as new to me.

I'm of ancient age, not on the endangered species list but approaching it. In short this means I'm pretty much computer illiterate and have no idea as to how and where to begin to post pictures. Hopefully I can get this on the forum and will sincerely appreciate any comments and maybe advice from any members willing to reply. 

Royal Bank finally follows other banks in allowing cash deposits without envelopes.

TD went that route  around Jan - 2015: https://cdnpapermoney.com/forum/index.php?topic=14558.0

Then CIBC went this route around Oct - 2016 https://cdnpapermoney.com/forum/index.php?topic=15124.0

This was about the time that BMO also went that route.

and now RBC 4 years after the introduction by TD. I have not tried their machines but they look a bit more jazzy.

Thank you for clarifying the "Beilstein Test" for others and maybe by slang word "flame" was not the best choice but you knew what I meant.  Either way, I read posts on here that PMG, CCCS and CCGS passed the test but the BCS holders did not. 
What are peoples opinion regarding this failed Beilstien test and the fact that there are banknote features/outlines on the holder after 10 years?

I read about "flame" tests, but I wanted to see how well the banknotes preserved over time and if the sealed holders were safe for long term storage. 

The test you read about is called a "Beilstein Test" which can be seen here:
https://www.youtube.com/watch?v=ZDTcQArIiMU or you can read about the test here: https://en.wikipedia.org/wiki/Beilstein_test

To summarize: you would heat up a copper wire, then dip it on the plastic holder (for a dab of the plastic), then hold the wire (plus plastic) over an open flame to heat it up.  Should the flame turn green- means you have a holder with PVC and which would eventually react to the paper (the holder has PVC, a mild acid which can cause damage to the note over time). If the flame remains unchanged than there is no reaction/no problems with your banknote holder. (BTW: if you carry out the test be sure to do it in an open area- and don't breath in the fumes made by the burnt plastic as they can be toxic)

Susan Maltby (a conservator) gave an excellent presentation on preserving a coin or paper money collection at last year's RCNA convention in Mississauga.  If she is giving a workshop, I highly recommend you (& CPMF members) to attend as it was fun to learn & participate. She also noted that most plastics have been made PVC free for the last 5-10 years.

Your video was smoothly shot, but on a personal note, I always hate to see a TPG holder cut into (esp BCS as they seal/preserve the note in a PVC-free mylar sleeve).  For details about BCS holders see: https://www.banknotecertification.com/ourholder.php

Hi everyone,

I could not find much information regarding long term storage of Canadian paper money in TPG holders.  I decided to do some research of my own.  I read about "flame" tests, but I wanted to see how well the banknotes preserved over time and if the sealed holders were safe for long term storage. 

I took a paper money banknote that was sealed in a TPG holder for approximately 10 years and removed it to inspect the condition.  I made this video for research purposes and I hope everyone enjoys it (read description section in video for more info)!

https://youtu.be/RuYQ10Uj3l4

Travis

A quick update for everyone:
I got the last of the permissions in place yesterday, and got the pages formally published online. Here are the links to them. If you see any glaring mistakes anywhere, feel free to let me know via e-mail:
info@saskatooncoinclub.ca

Enjoy!!!


http://www.saskatooncoinclub.ca/articles/80_prov-canada.html

http://www.saskatooncoinclub.ca/articles/81_dom-canada.html

http://www.saskatooncoinclub.ca/articles/82_bank-canada.html

And the complete collection of articles I have written for the club are here:

http://www.saskatooncoinclub.ca/articles.html