CPM Forum
Canadian Notes => Bank of Canada Notes => Topic started by: AL-Bob on September 29, 2023, 07:10:30 am
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Anyone going to bid on this bad boy? That's got to be on of the best looking 500s I've ever seen.
https://auctions.gbellauctions.com/530-Bank-of-Canada-500-1935_i50081281
What are your guesses for what it will fetch?
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Well, it sold for 360,000 CAD (excluding buyer's premium). Considering the estimate was 500,000 to 600,000 that must have been a disappointment.
A $10,000 US Federal Reserve Note recently sold for USD 480,000
https://edition.cnn.com/2023/09/20/style/great-depression-era-bill-auction-intl-scli
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Given that VF30s have sold as high as 250k in the last few years it seems like the buyer got quite a bargain. I'm not sure how that US FRN compares to past trends but I feel like the whole market (for everything) is in a liquidity crunch right now. If you have the $$$ to spend you could be picking up some great bargains.
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Given that VF30s have sold as high as 250k in the last few years it seems like the buyer got quite a bargain. I'm not sure how that US FRN compares to past trends but I feel like the whole market (for everything) is in a liquidity crunch right now. If you have the $$$ to spend you could be picking up some great bargains.
+1
But mainly for CDN & World currency IMO. The US collector market still seems pretty frothy for large size & the tougher early small notes. As such, I would say no big bargains but more like "paying through the nose" for US big ticket items.