CPM Forum

General => General Forum Comments => Topic started by: Archey80 on April 30, 2007, 03:30:19 pm

Title: One note for 2.2 Million Dollars!!! ???
Post by: Archey80 on April 30, 2007, 03:30:19 pm
Seems a little crazy to me but who would spend 2,255,000 on one note! even if it is the only one!


http://currency.ha.com/common/info/press/default.php?ReleaseID=1279
Title: Re: One note for 2.2 Million Dollars!!! ???
Post by: alvin5454 on April 30, 2007, 03:39:13 pm
someone with plenty of money
Title: Re: One note for 2.2 Million Dollars!!! ???
Post by: only4teeth on April 30, 2007, 04:58:53 pm
I knew it was a bunch but I wanted to treat myself :)
Title: Re: One note for 2.2 Million Dollars!!! ???
Post by: kid_kc79 on April 30, 2007, 07:50:16 pm
Hey Rachel

Mind telling us what your note is? I am sure we would all like to know
Title: Re: One note for 2.2 Million Dollars!!! ???
Post by: jasper on April 30, 2007, 07:51:50 pm
RP,

$3000 was when the market was hot, now we will only pay $2500 (lol). Next year, only $2000.
Title: Re: One note for 2.2 Million Dollars!!! ???
Post by: jasper on April 30, 2007, 08:05:10 pm
The early Montgomery Confederate notes are like that too because everyone collecting confederates wants a complete collection and there are only a few to go around, so the prices of T1 to T4 are in the $40,000-$60,000 range for notes that in Canada would catalog at $1000 for comparable rarity. Then again, there are many more collectors after Confederate notes than after Canadian chartered notes. If there is so much nostalgia for the Civil War items, why not so much nostalgia for the banks that financed the building of Canada?
Title: Re: One note for 2.2 Million Dollars!!! ???
Post by: friedsquid on May 01, 2007, 08:09:11 pm
Quote
In Canada, we don't collect money.  We collect immigrants.

And what exactly do you mean by that comment????????????????????
Title: Re: One note for 2.2 Million Dollars!!! ???
Post by: friedsquid on May 01, 2007, 10:21:46 pm
"Canada, which accepts an average of 240,000 immigrants a year, has the highest per-capita immigration rate among industrialized countries."

Boy you learn something everyday on the forum

FRIEDSQUID
Title: Re: One note for 2.2 Million Dollars!!! ???
Post by: Don_D on May 02, 2007, 12:12:17 am
more like racism.
Title: Re: One note for 2.2 Million Dollars!!! ???
Post by: actuary6 on May 02, 2007, 01:35:56 pm
???

If you're mind is not too closed, consider this.  Canada has a very low birth rate, and to keep the population from levelling off and possibly decreasing, large numbers of immigrants are allowed into the country.  Many immigrants these days are coming from nations that are not democratic and have cultures that bear no resemblance to North American culture.  Will many new collectors of Canadian coins and paper money arise from these immigrant people who, upon arriving here, are told that they should keep their own culture and not integrate into Canadian society?  And if many do, will they recognize the importance of Canadian heritage and the history of our financial institutions?  In other words, 50 years from now, will there be any one left to care about the money we have today?  Will the fact that private banks issued their own paper money become a myth among the masses?  Will the investment potential of old paper money be strong if it is just destined for museums?



Rachelsprivates, with all due respect, your post has upset me.  I don't share your beliefs and feel that they are way off topic and not suitable for these forums.

Immigrants are often (falsely) blamed for many things, but this is the first time I've heard the argument that they will be responsible for the decline of Canadian paper money 50 years from now.

Brad