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General => What's It Worth? => Topic started by: hellertonian on February 12, 2009, 01:20:17 pm

Title: Colonial Bank of Canada $1 Demand Note - 1859
Post by: hellertonian on February 12, 2009, 01:20:17 pm

Greetings - A friend of mine has a note I've never seen before, and I was hoping one of you folks could lend a hand. It's dated 1859, issued by the Colonial Bank of Canada. It certainly  looks and feels authentic. The reverse is blank. Does anyone have any idea what this is worth?

Title: Re: Colonial Bank of Canada $1 Demand Note - 1859
Post by: Bob on February 12, 2009, 03:07:49 pm

A lot depends on the colour (orange-brown or pink) and the condition.
For the orange brown, if the note is fully signed at bottom left and bottom right, book value is $85 for very good, $110 for fine, $165 for very fine, up to $425 for uncirculated.  A remainder note (missing one or both signatures) will be worth about 40% less.  If the note is pink, there will be one signature only (at lower right): $60 for very good, $85 for fine, $110 for very fine, up to $300 for uncirculated.

Title: Re: Colonial Bank of Canada $1 Demand Note - 1859
Post by: EyeTradeMoney on February 14, 2009, 03:25:52 am

Quote from: hellertonian on February 12, 2009, 01:20:17 pm

Greetings - A friend of mine has a note I've never seen before, and I was hoping one of you folks could lend a hand. It's dated 1859, issued by the Colonial Bank of Canada. It certainly  looks and feels authentic. The reverse is blank. Does anyone have any idea what this is worth?

Got scans?