1954 PAPER MONEY PRICES

News: Welcome to the Canadian Paper Money Forum.

Do you think that the price of 1954 "Devils Head" and 1954 modified series are going to increase in value before  the beginning of next year? If so should I buy more of the 1954 series or should I start buying something else?

I think the devils face notes are your safest bet in the 1954 series. They have been consistently going up and remain in high demand for UNC's

If appreciation is what you are looking for you may want to look into chartered notes. If you have any questions I would be more than happy to assit you.

Jason

Thanks Jason,
Could someone please tell me an estimate of how much you think 1954 modified series and "devils Head: series will rise by  Jan,2009

Dude, if we knew that, we'd all be much better investors.

How come 1954 $100 notes (Modified) never seem to sell well?

I bought a 1954 $100 note, C.Unc Condition for $190 while book is $360 (It was La-Bo)
I bought a 1954 $100 note, Au+ Condition for $140 while book is $275 (It was Be-Co)
And I bought a 1954 $100 EF-Au Condition for $125 while book is $165 (It was Be-Ra)

In total on all 3 notes I spent : $455

But the book value is : $800

Perhaps the notes are overpriced in the book. You must keep in mind that these note are readily available in UNC condition. With many of the BOC collectors focusing on special serial numbers or replacements the demand for plain serial numbers may have decreased. The same can be observed for the 1970's series.

My suggestion is if these are the notes you want then buy them cheap while you can and buy the highest grades available. Even though the book does not show the increases your looking for it does not mean the notes are valued as such.

It's like anything else, the common/less in demand notes get discounted.
 The tougher prefixes/grades get full book or even premiums.
The $100 notes were highly saved by non-collectors, grandpas and so on, usually not in unc though.
Inversely, high denoms are collected les, so the value in relation to face is less..

I',m not sure the catalog should show an increase in the notes that are always discounted.
They should probably leave them the same for a year, and just increase the ones that are hot or rarely seen.

It's like anything else, the common/less in demand notes get discounted.
 The tougher prefixes/grades get full book or even premiums.
The $100 notes were highly saved by non-collectors, grandpas and so on, usually not in unc though.
Inversely, high denoms are collected less, so the value in relation to face is less..

I',m not sure the catalog should show an increase in the notes that are always discounted.
They should probably leave them the same for a year, and just increase the ones that are hot or rarely seen.

When you said high denoms are collected less,so the value in relation to face is less..

When you said this I would have to disagree. The 1954 $50 note is a high denomination and when one is seen in Unc Condition or higher, people go crazy trying to buy it!

I agree that nowadays collectors are catching on to how scarce the $50 in gemUnc are and that pobably will drive the price up. Lower grades should remain where they are.
But, if you compare the $1 beattie/coyne listed at $10, 10 times face,
with the $100b/c at $360 instead of $1000, that indicates to me less demand.
BTW, I have a 1988 $100 BJU in ChUnc you can have for $110.

Even $1000 notes are always selling for $1200-$1600