CPM Forum

Canadian Notes => Bank of Canada Notes => Topic started by: 1971HemiCuda on June 28, 2008, 06:49:49 pm

Title: 1935 $500 Notes
Post by: 1971HemiCuda on June 28, 2008, 06:49:49 pm

Why are the price of all 1935 $500 "SPECIMEN" Notes so low? There are only 9 "English" ones known and they book at only $11,000.

And there are also 9 "French" ones and they book at $13,000.

If I had the money to buy one I would buy a "French" one knowing that they are scarcer, and its only an extra $2,000.


Also If a 1935 $500 "French" note ever came up for sale in original Unc Condition how much do you think it would sell for?


Thanks

Title: Re: 1935 $500 Notes
Post by: kid_kc79 on June 28, 2008, 08:19:54 pm

I guess specimens are just not as widely collected. With all your aquired knowlege now you should be able to come to this conclusion. The fact remains these do not have a valid serial number, are non redeamable and have never been in circulation, this certainly dampens the pride of ownership. The price remains quite high on this perticular specimen as it may well be your only way to aquire this specific note.

If a French $500 in UNC or any grade for that matter were to be discovered it may well be the first Canadian banknote to surpass a million dollars.  ???

Title: Re: 1935 $500 Notes
Post by: 1971HemiCuda on June 28, 2008, 10:12:45 pm

Really?

I was thinking $250,000 maybe $300,000