CPM Forum

General => What's It Worth? => Topic started by: munchels on March 22, 2014, 03:49:47 pm

Title: 1867 Canadian Bank of Commerce $1
Post by: munchels on March 22, 2014, 03:49:47 pm

Can anyone help me out with a value of this note? Plus any interested buyers?

Title: Re: 1867 Canadian Bank of Commerce $1
Post by: Bob on March 22, 2014, 04:23:52 pm

A picture would help a lot.  Catalogue valuations range from $1,750 to $6,000 depending on overprint if any and especially condition.

Title: Re: 1867 Canadian Bank of Commerce $1
Post by: munchels on March 26, 2014, 11:28:35 am

Sorry this should help

Title: Re: 1867 Canadian Bank of Commerce $1
Post by: mmars on March 26, 2014, 03:54:25 pm

It does not.

After you upload an image to ImageShack, a code is generated that has to be copied and pasted into your message, otherwise nobody can see the image.  The forum software does not know how to do this for you.  ImageShack is a third party hosting site not affiliated with the forum, so you have to provide the location of the image or nobody can see it and we have no idea where to look for it.

Title: Re: 1867 Canadian Bank of Commerce $1
Post by: munchels on March 26, 2014, 05:26:39 pm

Here we go...
url={attach:4288}http://img19.imageshack.us/img19/4043/tk4z.jpg]{attach:5062}[/url]

Title: Re: 1867 Canadian Bank of Commerce $1
Post by: Bob on March 26, 2014, 07:17:10 pm

Wrong bank, wrong date.  This is a Royal Canadian Bank $1 1865, Continental Bank Note Co. printing, payable at Toronto.
It's far rarer than the 1867 Canadian Bank of Commerce $1 note anyway.
Prior to this note showing up, there was only one other like it known, in quite low grade.
Book value for a similar note but payable Montreal (1 known) is $15,000 so I expect this one should be worth almost as much.
A lovely note - congratulations.

Title: 1862, 1865 & 1867 Canadian Bank notes $1
Post by: munchels on March 27, 2014, 10:23:34 am

Thank you so much for the information...Sorry for the confusion I also have 2 other notes I have been try to get posted.... Here they are, and again any help is greatly appreciated!
{attach:4291}
{attach:4292}
and just for good measure ill repost the 1865
{attach:4293}

Title: Re: 1867 Canadian Bank of Commerce $1
Post by: munchels on March 27, 2014, 10:25:37 am

And the backs
1862
{attach:4294}
1865
{attach:4295}
1867
{attach:4296}

Title: Re: 1867 Canadian Bank of Commerce $1
Post by: Bob on March 27, 2014, 03:49:11 pm

Book value on the Commerce $1 is $6,000, and on the Banque Jacques Cartier, $5,750.
Several things to notice here:  the pricing is in Canadian dollars, and relates to Canadian grading.
A TPG holder doth not a VF make.
I should also explain that you may have a lifetime of frustration if you assume that you can get full retail for them.
Possible, but not all that likely, unless you intend to take a bourse table at shows all across Canada until you get the right price.
Because of the nice quality of your notes, I expect a dealer would give you up to 70% of book.  Since he needs to cover expenses and make a living, that is not unreasonable.
An alternative would be to sell by auction, but commissions would have to be paid.
I hope this is some help.