CPM Forum

Canadian Notes => Bank of Canada Notes => Topic started by: tmurphy1954 on November 23, 2010, 02:41:37 pm

Title: Collector's market for $1000 notes will come back
Post by: tmurphy1954 on November 23, 2010, 02:41:37 pm: Seems like $1000 note has it the skids. No one wants to collect it. Will it ever be worth more than face value again?
Title: Re: Collector's market for $1000 notes will come back
Post by: Seth on November 24, 2010, 01:34:14 am: If I were to collect notes with the expectation that they would increase in value over time, a common $1000 note is the last place I would park my cash. They tend to actually lose value over time when inflation is factored in.
Title: Re: Collector's market for $1000 notes will come back
Post by: JB-2007 on November 24, 2010, 08:59:39 pm: Quote from: tmurphy1954 on November 23, 2010, 02:41:37 pm
Seems like $1000 note has it the skids. No one wants to collect it. Will it ever be worth more than face value again?
If you are refering to a 1954 Lawson-Bouey or a 1988 Thiessen-Crow EKA then no, it is quite doubtful that these particular issue will ever gain any value much over its face. There are just too many around and very little demand for these very high denominations. Also many collectors like myself would put $1,000 on say a *Z/Z or an *FB or *FH etc as these are very rare notes as to put $1,000 on a 1000 note which probably wont gain much value.
Title: Re: Collector's market for $1000 notes will come back
Post by: coinsoldier on May 11, 2011, 01:16:12 pm: I definitely think it will have more than face value but there may be less demand than in the past.
Title: Re: Collector's market for $1000 notes will come back
Post by: b168 on May 14, 2011, 12:54:01 am: Hm Someone wants a little more than face on Ebay. :D
Title: Re: Collector's market for $1000 notes will come back
Post by: coinsoldier on May 15, 2011, 08:34:15 pm: I do not think that $1000 banknotes are a good investment.
They will never net any profit. Only collect them if it is for your own pleasure,