CPM Forum
General => What's It Worth? => Topic started by: kid_kc79 on August 18, 2008, 06:32:24 pm
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I would like some help in finding this notes true value. As the catalogue does not assigne prices for any 1935 radar notes.
The note is a 1935 Bank of Canada $5 French veriety 2 digit radar. There are 3 vertical folds and one horizontal I estimate the grade at VF/EF.
{http://jasonkc.idweb.ca/1935%20BOC%20$5%20French%20radar%20F.JPG}
{http://jasonkc.idweb.ca/1935%20BOC%20$5%20French%20radar%20B.JPG}
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Its a really nice note indeed. I'd say around the $2,000 mark since its a radar.
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The "true value" of this note would be much higher to a radar or 1935 Canadian bank note collector than to collectors of more recent series, or Dominion note collectors. It has excellent eye appeal and most paper money enthusiasts appreciate special serial numbers. Charlton has no estimates for radars of the 1935 or 37 series since they so rarely appear at auction and most radar collectors started on 1954 or later.
This note appears to be a very clean VF-EF since all borders seem wide, white, crisp with full, well-defined corners. Its impossible to determine whether it has been processed from a scan and the only detraction I can see is the slight red ink on the reverse (above the small numeral 5). I cannot determine the actual grade or severity of the creases but I would guess it would be very close to an EF.
I believe this Banque Du Canada beauty would likely trend above the $2100 (20th Ed book value) for a regular French $5 at EF. Since French notes (above VF) are often fetching higher than book, and it's a seldom seen 2 digit radar note, I would guess that it would go north of $2500. I believe it would fetch a better sale price at a live auction (where its condition can be verified) to that of an online sale.
This might be a conservative estimate if just a couple of radar enthusiasts engage in a bidding war. For a note of this condition and rarity-- I can very well see that happening.
If you have this note and are willing to part with it-- please let me know! ;D OK: now back to reality!!
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Sent you a PM walktothewater
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This is a nice note.
Note Sold @ Auction:
Closed at: C $1,600.00 (approximately US $1,505.60) eBay ERROR
Actual Sale Price $2000
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Geoffrey Bell Auctions
Estimate: C $2,350.00 - C $2,500.00
History: 1 bid
Lot number: 824
Auction Date: Aug-14-08 14:00:00 PDT
High Bid: Live Auction Floor Bidder
Item location: Halifax, Nova Scotia, Canada
(this is the hammer prices & does not include pb, taxes or shipping costs)
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Actualy the eBay live system has an error which I later confirmed with Brian Bell, The note sold for $2000, This was one of a few items that ebay shows an incorect end price.
Jason
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Thanks you for the information, as I have updated my post. icollector/eBay are currently the only public records available for the final sale price. If there is a listing error, Brian should notify them with the correction, and also publish an official auction “prices realized list” to avoid any further confusion.
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I was told that atempts were made to correct this but past data on Icollector cannot be modified. An official price list is already being distributed
Please let me know if you require contact info.
Cheers
Jason