CPM Forum

Canadian Notes => Early Canadian Notes => Topic started by: Seth on January 13, 2012, 01:11:03 am

Title: $500 Provincial debenture 1862
Post by: Seth on January 13, 2012, 01:11:03 am

It's on eBay right now. Province of Canada, 1862. Face proof.

Anyone ever heard of this before? It's not in the Charlton.

{attach:5002}

Title: Re: $500 Provincial debenture 1862
Post by: Bob on January 13, 2012, 10:35:27 am

If memory serves, there were about six of these in the Christie's ABN Archives Sale.  They are not -- and should not be -- listed in Charlton because they are not notes.  Bonds, stock certificates, debentures and the like lie outside the scope of the catalogue.  This is, just like the poster said, a Provincial Debenture proof.  Lovely, historic and very collectable nonetheless.

Title: Re: $500 Provincial debenture 1862
Post by: Seth on January 13, 2012, 11:37:06 am

Thanks for the info. It is a fascinating piece.

Debentures from about a decade earlier than this one are listed in the Charlton right at the beginning of the Province of Canada section, and prices are given for face proofs.

Title: Re: $500 Provincial debenture 1862
Post by: Bob on January 13, 2012, 01:08:47 pm

You are correct, of course, but in that instance they were "transferable and reissuable", and known to have circulated as currency, unlike debentures in general.