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Topic: 1917 Canadian Bank of Commerce $10  (Read 11072 times)
rogerramjet
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« on: November 14, 2008, 10:05:01 pm »

I just branched out to Canadian Currency and I have a dealer who likes to stock it.  He has a 1917 Canadian Bank of Commerce $10 (Aird/Logan) with the General Manager in script and not capital block letters.

In my research here on the net, I figure it to be a 75-16-04-12 or 12c.  What is the difference between these 2 because both appear, from my limited research, to have the script General Manager?

The condition of the note I am interested in is raw VF-20 with no pin holes and pretty good paper.  Serial #486759.

Any idea on values, census numbers and rarity?

Also, this is a nice board (I also am on the PCGS Currency Board).
« Last Edit: November 14, 2008, 10:06:42 pm by rogerramjet »
Bob
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« Reply #1 on: November 15, 2008, 10:05:02 am »

Welcome to the slightly complicated world of the 1917 Commerce issue, Roger!
The sheet number suggests that your dealer has a Small Logan-Typed General Manager (italics) $10.
That would be 75-16-12.
To differentiate the signatures, the Small Logan is 2.5 cm from end to end, with a very small loop in the lower part of the letter g of Logan.  The Decorative Logan is 3.2 cm from end to end, with an extravagantly large loop, almost triangular, in the g.  (All Decorative Logan notes are rare.)  FYI - The different styles of Logan are clearly illustrated on page 64 of Canadian Bank Notes, sixth edition.
It is a rare note, with 10 on the register.  If confirmed, the note under discussion would be the eleventh to turn up.
If it makes VF the catalogue value would be Cdn $1,050 ($550 for Fine).  The top grade recorded so far is also VF (pressed).
It would be great if you could obtain an image to post to this thread, so the identity of the note could be confirmed for note register purposes!

Collecting Canadian since 1955
rogerramjet
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« Reply #2 on: November 15, 2008, 10:00:00 pm »

Bob (or anyone knowledgable in this area),

I could not get a pic of the note but I did get a look at it today and it is the small Logan signature (Darn!). 

Still, what do you value it as as a Very Fine, with no pinholes or edge tears, and is there a census number for this note?

I am probably going to buy it but I want to pay a fair price as well.
Bob
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« Reply #3 on: November 16, 2008, 09:33:31 am »

The price and census information I gave you was for the small signature.
The small signature is at least as rare as the decorative Logan when combined with the typed (italics) General Manager.
Sorry, I should have made it more clear.
If you succeed in getting it, a scan would be very much appreciated!


Collecting Canadian since 1955
rogerramjet
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« Reply #4 on: November 16, 2008, 03:32:47 pm »

Bob, Thank you for the info.  I put the note on layaway and should own it in the next month.  I'll scan both sides and display it on this board when I get it.

I guess I am catching the Canadian "bug" for large currency (Just like I still have the "bug" for US Large Currency (especially Large Stars!).

I think I'll ask for the latest Charlton book for Christmas :)
« Last Edit: November 16, 2008, 05:11:57 pm by rogerramjet »
Deehong
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« Reply #5 on: November 17, 2008, 02:02:56 pm »

Bob, Thank you for the info.  I put the note on layaway and should own it in the next month.  I'll scan both sides and display it on this board when I get it.

I guess I am catching the Canadian "bug" for large currency (Just like I still have the "bug" for US Large Currency (especially Large Stars!).

I think I'll ask for the latest Charlton book for Christmas :)


Once i got that book i finished it in 3 days!! never been that motivated with my school  textbooks sadly :(
i just can't wait for Christmas, that's when moneys floating around EVERYWHERE lol
rogerramjet
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« Reply #6 on: December 08, 2008, 08:13:23 pm »

Hello everyone,  Back on Nov. 17th I asked about the value of a 1917 $10 Canadian Bank of Commerce Note.  I did not have it in hand but I picked it up today and scanned it for you.  

There are no tears or pinholes and I, as well as as few friends and a dealer, believe it is around a VF-20.

Should I keep it raw or get it "Professionally" graded?

Edited to add:  I guess you have to be logged in to see the pics?

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« Last Edit: December 15, 2008, 06:16:36 pm by rogerramjet »
 

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