New 6th Edition of Charlton Chartered Bank Note Catalogue

News: Welcome to the Canadian Paper Money Forum.

The 6th edition is in the pipeline and it's clearly going to be a reference work of monumental significance. It's scheduled to be released during the CNA Convention in Ottawa in July.

http://www.charltonpress.com/NumismaticsBook.asp?v_ISBN=9780889683341

It's going to be one great summer!

Hey BWJM, can you get a bulk discount on these as well?

I'd have to get orders for a case worth... I will look into it.

See here: http://www.cdnpapermoney.com/forum/index.php?topic=7535.0

A Toronto coin dealer arrived early in Ottawa for the CNA Convention and he showed up at the local monthly coin and stamp show today with numerous copies of the 6th edition Charlton chartered bank note catalogue for sale. He charged me $100 for my copy and I was very happy to pay the full cover price and to thereby receive it before the CNA Convention.

Prices seem to have moved ahead in a steady healthy manner although anyone who expects to see the rarer notes priced according to recent Heritage Auction realizations will likely be disappointed. One exception to the controlled price increases concerns the rare Bank of Vancouver $5 1910 that has jumped from $9,000 to $22,500 in VG. The uncommon but popular Weyburn Security Bank $5 1911 train note has increased from $4,500 to $6,000 in EF despite the fact that one was sold recently at Heritage Auctions for $12,650 in VF-EF. It is important for everyone to remember that one-time auction realizations are not usually an accurate barometer of the overall market.

There is a great deal of valuable new research data (including numbers of notes printed) and extended "Tips for the Collector" (including numbers of examples reported) in the new edition and this information alone is worth the cover price.

In my opinion, this book is well worth whatever you have to pay for it. It was $100 very well spent in my case!

[edit]Removed ALL CAPS from the subject line. --BWJM[/edit]

I've listed below a few of the more popular notes to show how they have moved ahead in the new 6th edition:

Canadian Bank of Commerce $100 1917: this one has surged ahead from $600 to $2,200 in Fine and from $950 to $3,000 in VF. With 31 examples known this is not an ultra-rare note but it is in ultra-high demand.

Barclays Bank of Canada $5 1935: this scarce note moves from $450 to $650 in VF and from $700 to $1,100 in EF. Again, with 54 examples known this is not an ultra-rare note but it is one of the keys in the ultra-popular small-size series.

Bank of Hamilton $25 1922: this rarity moves from $5,500 to $6,250 in VG and from $7,500 to $11,000 in VF. I noticed a printing glitch on this page as the $25 obverse image has been replaced by the $100 obverse image!

Bank of Nova Scotia $20 1929: this ever-popular note surges from $650 to $925 in Fine and from $1,000 to $1,600 in VF.

Bank of Nova Scotia $100 1929: this classic rarity moves from $8,000 to $9,000 in VF and from $12,000 to $13,500 in EF. 

Royal Bank of Canada $10 1913 (Battleship): this ultra-popular but relatively common note moves from $500 to $850 in Fine and from $900 to $1,250 in VF.

Bank of Toronto $5 1929: this fairly common note moves from $275 to $300 in VF and from $500 to $600 in EF.

Bank of Toronto $20 1935 (Train): this most attractive note moves from $375 to $500 in VF and from $750 to $950 in EF. I have always found this to be a highly elusive note and is another key to the entire small-size series.

Bank of Ottawa $5 Sept. 1, 1913: this is the "commonest" Bank of Ottawa note but arguably the most attractive. It moves ahead from $1,400 to $1,500 in Fine and from $2,100 to $2,500 in VF. Other Bank of Ottawa notes follow suit.

As noted in my earlier post, this catalogue is a monumental work and should be on the bookshelf of every collector, no ifs or buts! 

Hello Ottawa,

Thanks for the update on some of the popular notes. I can’t wait to get my copy this week in Ottawa.

Also, thanks for reiterating the one time auction price as I stated in
http://www.cdnpapermoney.com/forum/index.php?topic=7269.msg35310#msg35310

A very simple rule of thumb:
1st sale is a sale
2nd sale is a trend
3rd sale is a market

But it is also important to realize that a catalogue price can be on the low end of the actual market price, as the price of popular notes may be dictated by the market demand, and also vice-versa on non-popular notes reflecting a lower price.

Hope to meet you at CNA

great topic Ottawa this is very interesting indeed. My copy was ordered from the Chapters website and should be received in the next week or 2.

If not too much trouble I have a few notes I would interested in knowing about

1 - 1853 Quebec bank $1 (5 shillings)
2 - 1913 Royal Bank $20 VF
3 - 1924 Bank of Nova Scotia $5 UNC

Any decreased observed?

Thank you for your time

Jason

1 - 1853 Quebec bank $1 (5 shillings)
    Too many varieties could match your description. Please provide a Charlton # and condition.
2 - 1913 Royal Bank $20 VF
    630-12-10 $2000
    630-12-12 $1800
3 - 1924 Bank of Nova Scotia $5 UNC
    550-32-02 $2,000

Thanks a million for this data Brent

The Quebec note I am reffering to is Charlton # 620-28-02-02

$2,400 G
$4,000 VG

.... Also, thanks for reiterating the one time auction price as I stated in:

http://www.cdnpapermoney.com/forum/index.php?topic=4715.msg31152#msg31152

A very simple rule of thumb:

1st sale is a sale
2nd sale is a trend
3rd sale is a market

Yes, that's a great rule of thumb, and very very true.

I recall that in September 2007 there was an unexpectedly high realization on a Canadian Bank of Commerce $100 1917 note at a Heritage auction ($2300 in F-VF, about three times the then-current catalogue price) and many people thought it was a fluke or market aberration.

http://www.cdnpapermoney.com/forum/index.php?topic=4715.msg31530#msg31530

Following this sale, a few other Commerce $100 1917 notes subsequently appeared at auction and they sold for even higher prices! The "market" that you mentioned had therefore been established and the new price level on this note is now reflected in the new catalogue.

Has anyone received their copy from Chapters yet? I have had no news from them yet?

Has anyone received their copy from Chapters yet? I have had no news from them yet?

I received my copy today!

http://www.cdnpapermoney.com/forum/index.php?topic=8224.15