The EUrion constellation looks to be off in the counterfeit notes as well as the size of the serial numbers.
I hope the RCMP issues a warning about these fake $20s and that the Bank of Canada accelerates the process to replace the frontiers series ASAP with the new vertical notes featuring King Charles.
This is very interesting and seems very risky. Losing the EPQ designation has cut the sellers customer base down significantly as I have seen a large number of buyers won't buy altered notes unless super rare. Even getting a higher grade with no EPQ would still impact number of buyers.
I was surprised by the rolls of dimes I brought home yesterday. I managed to get $1.30 in US coins One coloured 2021 dime A Barbados 10 cent coin from 2022 Three 1968 nickel alloy dimes and… A silver dime dated 1962!
It looks like that seller has been around for a long time and sells a lot of current banknotes. This makes me wonder if whomever is doing the repairs and resubmitting them for grading is selling the regraded notes to the seller, or if the repairer is someone in-house. My instinct tells me it's the latter, since there probably isn't a huge profit margin. Regardless, I'll make sure never to buy from them. Thanks for the detailed investigative reporting Arthur!