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Topic: news  (Read 4375 times)
rocken
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« on: December 27, 2006, 05:45:55 pm »

Has anyone recieved the Dec newsletter yet?
Rocken
« Last Edit: December 27, 2006, 05:46:30 pm by rocken »

BWJM
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« Reply #1 on: December 27, 2006, 07:59:20 pm »

Quote
It looks like the *D/O $1 note is scarce because a portion of the 80,000 printed were damaged.
Not totally true...

"Although the order for $1 replacement notes specified 64,000 notes to be numbered *A/A0468001 - 0532000 CBN delivered 64,000 notes numbered *D/O0468001 - 0532000. The order was, at least, 25% defective. Since the errors were scattered throughout the 2,000 sheets CBN agreed to replace the defective sheets and provide, without charge, a further 500 sheets of $1 replacement notes numbered *D/O0532001 - 0548000:
$1.00 2500 x 32/on = 80,000 notes numbered *D/O0468001 - 0548000
"

"CBN agreed to replace the defective sheets and provide, without charge, a further 500 sheets." This means that the damaged sheets from the first order were removed and replaced. On top of those now good 2000 sheets, a further 500 were provided without charge. Thus, the entire lot of 2500 sheets, as delivered (finally) to the Bank, were good notes.

BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.
 

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