CPM Forum

General => General Forum Comments => Topic started by: Moneyman on November 06, 2005, 07:14:10 pm

Title: Simple Question
Post by: Moneyman on November 06, 2005, 07:14:10 pm

What is good Canadian note to get that will go up in value that is less then $1000. im new to collecting thats why. im just trying to finish my 1954 UNC set first.  thanks

Title: Re: Simple Question
Post by: eyevet on November 06, 2005, 11:28:18 pm

Well there are lots to choose from.  A 1935 $1 French Text in UNC lists at $1000.  Stash one of those away 'til 2035 and I'm sure you will have done well.

Title: Re: Simple Question
Post by: BWJM on November 06, 2005, 11:44:34 pm

Stash any of hundreds of various notes away for thirty years and you'll probably outpace nearly any mutual fund on the market.

Title: Re: Simple Question
Post by: Hudson A B on November 07, 2005, 03:09:28 am

What I have noticed is that banknotes tend to move in the marketplace along with coins, and artwork for example.  Especially in times of downturn, when people look for more certain investments, such as a Picasso or a even much more beautiful note from the early Bank of Canada series, or Dominion of Canada. ;)  (Yeesh - what would anyone do with a painting?? ;) )

Unfortunately, to an insurance company, a 1935 $500 is worth $500 , because it is cash (please someone correct me if I am wrong).  But still any rare note would make a great long term investment in my opinion.

All for now,
Hudson

Title: Re: Simple Question
Post by: Moneyman on November 07, 2005, 07:27:24 am

Alright, thanks a lot for your help guys.