General => What's It Worth? => Topic started by: Blondie7117 on August 22, 2016, 06:23:42 pm
Title: 1906 & 1907 "Bank of Commerce" 5$. What's it worth?
Post by: Blondie7117 on August 22, 2016, 06:23:42 pm
I'm having a hard time to find the value of my 1906 & 1907 Bank of Commerce 5$ bills. I've had some offers from dealers but I know they are worth more then there offering. Anyone have info on their value would be much appreciated.
Title: Re: 1906 & 1907 "Bank of Commerce" 5$. What's it worth?
Post by: Bob on August 23, 2016, 02:16:30 pm
PM sent
Title: Re: 1906 & 1907 "Bank of Commerce" 5$. What's it worth?
Post by: Blondie7117 on August 23, 2016, 02:33:03 pm
HI Bob, Thank you for the info on my bills. I have had an offer on both bills from a reputable auction house in the states. They offered 1250$ for the 1906 and 650$ for the 1907. I know the offer is low as their intent is to resell them. I am sending them for grading to get a idea of their condition. Then I will decide how to go about selling them. Btw....I also have a 1935 2$ banknote in even better condition. Someone is suppose to help me.......who is more internet savvy, get those pics on.
Title: Re: 1906 & 1907 "Bank of Commerce" 5$. What's it worth?
Post by: canada-banknotes on August 23, 2016, 10:43:37 pm
Here are images of the two bills:
{attach:3757} {attach:3758}
Title: Re: 1906 & 1907 "Bank of Commerce" 5$. What's it worth?
Post by: Weeles on August 24, 2016, 07:03:23 pm
Without seeing the backs of these 2 notes I would grade the 1906 as a Fine 12-15 with the top edge being trimmed, and the 1907 as Fine 12-15 with rough edges. This of course would be my opinion of grading from the Charlton Standards and if I was to give you a price this is where I would be giving you my offer from.
Title: Re: 1906 & 1907 "Bank of Commerce" 5$. What's it worth?
Post by: Ottawa on October 08, 2016, 12:42:14 pm
Both of the illustrated notes appear to be in original unmolested condition to me. In particular, the top edge of the 1906 note looks "dirty" just as it should be on a well circulated note. I would describe the top edge of the 1906 note as being "miscut" rather than "trimmed". The word "trimmed" usually suggests the cutting of an edge to enhance the appearance of the note in some way, for example to remove an unsightly nick, notch or stain, etc.
The 1906 note pictured above is a very rare item as it carries the seldom seen "H H" overprint in red. I must confess, though, that I do not know what the significance of this overprint is. You can refer to "The Charlton Standard Catalogue of Canadian Bank Notes" (8th edition, 2014) for realistic pricing details.