Recent Posts

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1   Canadian Paper Money Society / Re: CPMS registry books

on May 18, 2019, 07:43:23 pm

Started by jasper - Last post by jasper

Thanks

2   Canadian Paper Money Society / Re: CPMS registry books

on May 18, 2019, 03:52:18 pm

Started by jasper - Last post by Bob

I contacted the CPMS web master.  His reply follows:
"We are aware of the problem and are working with PayPal for a solution"

3   Canadian Paper Money Society / CPMS registry books

on May 18, 2019, 08:38:45 am

Started by jasper - Last post by jasper

Hi,

I tried to purchase the two new volumes of the CPMS registers but the paypal link on the CPMS website does not work. Does anyone know the paypal email address the payment can be sent to?

Thanks

4   What's It Worth? / Re: Solid vs million serial numbers

on May 17, 2019, 08:40:45 pm

Started by wagnert89 - Last post by AL-Bob

Or is demand King in determining value?

This ^^^.  I don't think millions will ever be worth as much as solids despite the similar rarity.

5   Early Canadian Notes / Re: Toronto Merchant Script

on May 17, 2019, 08:59:41 am

Started by rarecoins2001 - Last post by rarecoins2001

Had me fooled as well as everyone at the Toronto Coin club the other day.

Started by coinsplus - Last post by AL-Bob

Interesting article.  It sounds like the Bank of Canada is actually getting a little bit scared that cryptos might start interfering with their money making monopoly. They begin by misrepresenting decentralized cryptocurrencies by saying:
Quote
The issuer could
  • go out of business, or
  • fall victim to cybertheft

This is wrong on both counts.  In the case of bitcoin and most other cryptos there is no issuer.  This was the whole point in creating these currencies that the issuer cannot go out business or fall victim to theft or even be shutdown by government agencies since individual users are 100% in charge of their money and not dependent on any third parties.

Ironically these concerns do apply to any central bank issued currencies, crypto or otherwise.  Just because they are a government agency hardly makes them immune to theft and/or bankruptcy, as much as they would like us to think that to be the case.

They then go on to admit that:
Quote
Private digital currencies could even hurt our ability as a central bank to
  • control inflation, and
  • act as the lender of last resort

While they are correct on these two points, again this was the entire point of cryptocurrencies to get give individuals (rather than government bureaucrats) control over their own money.  Of course it's highly to the benefit of the government and it's allies to to be able to "control" inflation and magically create loans out of thin air.  However this power comes at the expense of savers (whose money is constantly devalued) and the entire productive economy which sees it's resources being diverted towards unproductive (but politically connected) individuals.

I also find it interesting how they constantly talk about "controlling inflation" with the naive implication being that they are fighting against inflation.  Nothing could be more ridiculous as they are the only ones with the power to actually cause inflation.  Inflation is nothing more than the result of an increase in the money supply carried out by the central bank (in concert with the commercial banks, in accordance to central bank policy).

It should be clear that the real meaning of "control" in this context is to actually cause inflation.  I think everyone knows this but the language they use seems to be deliberately deceitful.

7   Bank of Canada Notes / Re: 1954 Devil's Face serial ranges?

on May 16, 2019, 12:56:10 am

Started by Beatrix - Last post by canada-banknotes

It's also been tough to find a nice $1 T/A to be honest.  The really really tough one is the $2 I/B modified portrait.  So frustrating as there are literally thousands of Devil's Face I/B but the modified is extremely rare in any condition.


8   One Thousand Dollar High/Lows / Re: 1954 $1000

on May 15, 2019, 11:12:16 pm

Started by Relic - Last post by admin

Hello Dean,

I added your notes here: https://cdnpapermoney.com/notes/entries/7/3/19/89

Please try to add fpn/bpn and images when you are able.

9   One Thousand Dollar High/Lows / Re: 1954 $1000

on May 15, 2019, 10:03:59 pm

Started by Relic - Last post by Dean

Hi,
I just picked up A/K 2075994 at the Toronto Coin Expo last week.  It's a raw note but looks to me to be UNC.

I also own the following 1954 $1000 notes:

A/K 1596390 Lawson-Bouey raw UNC
A/K 0873077 Lawson- Bouey circulated  VF

Dean

10   Special Serial Number Notes / Re: SNR Unique serial number

on May 14, 2019, 09:43:46 am

Started by wagnert89 - Last post by wagnert89

Ok thanks.  The note is for sale or trade , if anyone is interested
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