What's it worth?

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I have a circulated Jan 1937 $100 note Gordon/Towers serial BJ 3916639 as well as a Jan 1937 $50 note Coyne/Towers serial BH 5028829 and wondered the value of these

I have a circulated Jan 1937 $100 note Gordon/Towers serial BJ 3916639 as well as a Jan 1937 $50 note Coyne/Towers serial BH 5028829 and wondered the value of these

These are the current catalogue prices
Hope this helps

$100 note Gordon/Towers  vg 125  f 150 vf190 ef 250
$50 note Coyne/Towers      vg 90   f 130 vf 200 ef 450

Thank you for that information - as I want to sell them should I just go to a dealer so they can determine the quality? Can you suggest any reputable dealers in Vancouver BC

Ive had decent experiences with J&M at broadway and main.

Philsbills in Langley is a good place to sell higher end banknotes. Cash on the spot any time I visit Phil.

Hi Klahanie,

When you do offer to sell your notes to a coin dealer, don't expect to dealer to offer you "full" catalogue prices.  For example, if the $50 note that you have is in VG condition and valued at $90, I wouldn't be surprised if the the dealer offers $60.   They have to resell the note and also make their profit to cover their expenses.   

It's like the tv show Pawn Stars - some people think that if the item is worth $100, they'll get $100 from the dealer.   

It really depends on the note itself. Now as for the 1937 $50 and $100 you've got are fairly common notes and in circulated condition a dealer would like not pay much more than face and that's if they are willing to take them. If they had been with the osborne-Towers signature, that's a different story as any dealer would love to have these notes. They are very popular among collectors. Remember at the end of the day dealers have  businesses to run, they need to make money. They don't want inventory to sleep and loose money.