CPM Forum

Canadian Notes => Bank of Canada Notes => Topic started by: therealco1986 on August 23, 2013, 01:46:33 pm

Title: 1937 Osborne & Towers Note
Post by: therealco1986 on August 23, 2013, 01:46:33 pm
Folks,

I recently won an eBay bid for a 1937 $1 Osborne & Towers thinking this was a rarity.  I only paid $50 for it.  Looks to me like EF.  I don't think the guy who sold it knows anything about Canadian Banknotes.  Just wondering if I could get some insight, and whether or not it would be worth getting graded?

Item number is 271259277710

Thanks folks!
Title: Re: 1937 Osborne & Towers Note
Post by: twoplustwo on August 23, 2013, 09:23:27 pm
Not worth getting graded.  That note would grade VF on the best of days.  The book says VF is worth $55
Title: Re: 1937 Osborne & Towers Note
Post by: mmars on August 24, 2013, 03:48:33 am
Did you enjoy explaining to them what "S&H to Canada" was?  :D
Title: Re: 1937 Osborne & Towers Note
Post by: therealco1986 on August 24, 2013, 11:26:48 am
Quote from: mmars on August 24, 2013, 03:48:33 am
Did you enjoy explaining to them what "S&H to Canada" was?  :D

haha, I thought it was a little strange he didn't know what it meant!

The edges looked pretty crisp on the note, and it didn't look wrinkled, but obvious signs of a few folds were evident.  Was hoping it'd be closer to EF than VF.  I ilke that it is A/A as well for my personal collection.

If I paid book value, I guess that's fine.  I don't see many of these around for a reasonable price.  Usually 100 + in varying conditions that look similar to this one.

Thanks for the input, folks!
Title: Re: 1937 Osborne & Towers Note
Post by: JB-2007 on August 24, 2013, 02:43:29 pm
Quote from: therealco1986 on August 24, 2013, 11:26:48 am


If I paid book value, I guess that's fine.  I don't see many of these around for a reasonable price.  Usually 100 + in varying conditions that look similar to this one.

Thanks for the input, folks!
This is a good note to have, the Osborne-Tower notes are all quite scarce and continue to climb in value even the $1 note. I don't think you did a bad purchase as these notes do tend to be harder to find.
Title: Re: 1937 Osborne & Towers Note
Post by: therealco1986 on August 26, 2013, 11:42:55 am
I figure I'll try for the $10 Osborne-Towers next, since I already have Gordon and Coyne in nice shape.  I found the $10 to be easier to find, but not as many in decent shape.  Soo many out there to collect!!  Eventually I'd like to get a narrow panel Gordon - Towers $1 as well.
Title: Re: 1937 Osborne & Towers Note
Post by: JB-2007 on August 30, 2013, 11:28:51 pm
Quote from: therealco1986 on August 26, 2013, 11:42:55 am
I figure I'll try for the $10 Osborne-Towers next, since I already have Gordon and Coyne in nice shape.  I found the $10 to be easier to find, but not as many in decent shape.  Soo many out there to collect!!  Eventually I'd like to get a narrow panel Gordon - Towers $1 as well.
The $10 notes with Osborne-Towers are easier to find then the $5 and the $20. I often see them up for sale but the $5... almost never. The same is true also in the 1935 series.