CPM Forum

General => What's It Worth? => Topic started by: nomunny on February 27, 2012, 12:08:56 am

Title: *A/A Be Ra pricing
Post by: nomunny on February 27, 2012, 12:08:56 am

I'm  wondering why the Beattie Rasminsky A/A replacements are priced so low in CGPM , with a printing of 376,800 and an Unc price of under $20, what am I missing?

Title: Re: *A/A Be Ra pricing
Post by: Mortgage Guy on February 27, 2012, 09:56:39 am

As with any other assets that are bought and sold supply and demand always will dictate or influence prices. Total number of notes printed is simply a technical detail that has no true influence on price.

MG

Title: Re: *A/A Be Ra pricing
Post by: Elwoodbluesca on February 27, 2012, 10:19:06 am

The print quantity does not always dictate the notes value.

There could be a smaller run of notes, but if they are readily available in the market, the price will be lower.
Back to economics 101 of supply and demand - High supply, Low demand & Low supply, High demand.
There are more than enough of these notes on the market to meet the collectors need and beyond.

There could also be instances where higher print runs are harder to find then the lower print runs.
See pg 320 in the Canadian Government Paper Money 24th edition, the 1989 $10 BEF notes. These notes are priced relatively the same in the catalogue, but yet their print runs are drastically different.