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Topic: Toronto Merchant Script  (Read 3350 times)
rarecoins2001
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« on: May 05, 2019, 04:20:39 pm »

I found some info on this business but I cannot find this note listed anywhere.  Anyone have a book that lists it?


Bob
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« Reply #1 on: May 05, 2019, 06:46:01 pm »

It's not merchant scrip, it's an advertising note.
There is no book for advertising notes at this time.

Collecting Canadian since 1955
rarecoins2001
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« Reply #2 on: May 06, 2019, 09:26:06 pm »

I thought if it has a value it is considered Merchant script? 

Bob
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« Reply #3 on: May 06, 2019, 10:03:09 pm »

If you read the text carefully, you will see that it isn't redeemable for anything.
If the customer gives them $5, they will receive various goods.
It's deceptive and it was meant to be, so people would take notice of it and perhaps even think of this little scrap of advertising as something of value.
It does indeed have value now, over a century later — to a collector.

Collecting Canadian since 1955
AL-Bob
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« Reply #4 on: May 07, 2019, 10:08:18 pm »

Had me fooled too.  One three letter word changes the whole meaning.


AL-Bob(at)cdnpapermoney com
rarecoins2001
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« Reply #5 on: May 17, 2019, 08:59:41 am »

Had me fooled as well as everyone at the Toronto Coin club the other day.

 

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