BC-48bT $5 RS Test Note

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In a recent auction on e-bay for an RS test note, the vendor states that only 25 are known to exist.

Is this accurate?

Yes it is.

Please consider in the future contacting the vendor directly for proof of claim.

Troy

jus curious what these notes have neen seellinf for?

I will report the final sale price back to you later this evening, I will post the info here in this thread.

Thanks
Troy

Please consider in the future contacting the vendor directly for proof of claim.

Actually, third-party verification of statistics such as these is often in the buyer's best interests. Of course, inquiring to the vendor as a "double-check" is often a good idea too.

At the risk of flogging a dead horse, think of buying a home... Would you take the seller's word that it's a fine home? No. You get a home inspector.

I'm not saying that sellers are liars. In fact, I like to believe that most sellers are genuine and honest. In this particular case, I believe we are dealing a decent vendor, but like all diligent buyers, I too would check a claim such as that. Especially since as a member of this community, I have ready access to that information.

What should be done is contact the vendor directly to determine what kind of proof exists and then you make a judgement call if further proof/ verification is required.

Had this happened in this case the party would have been very satisfied with the information presented.

The "decent vendor" you refer to is eBay's leading dealer of Canadian Paper Money and runs a flawless feedback record and has the best return policy I have seen.

He also has extraordinary access to information and does everything possible to ensure claims are accurate.

I am not sure where you would like to take this thread but it definitely has my full attention.

Troy.

Good evening all

Some people would say there are more than 25 of these notes in exsistance, my $5 RS is a unrecorded number, so that makes it 26, & a few more that people are not willing to talk about . So its a pretty good guess of 25 - 30. How many are actually recorded I would be most intrested in the number. Whats the real number Brent  Happy hunting all    Darcy

Saying there are more than 25 known should not and cannot be accepted as accurate until a scan is supplied of the note and sent to those who maintain the register as I have done. They must then confirm that the note was not previously recorded.

I have met the required burden of proof and the register was adjusted accordingly.

The number of known/confirmed to exist notes often increases as new notes are potentially discovered. That is a given and outside the scope of the original post.

As for the comment "& a few more that people aren't willing to talk about" that I would dismiss as rumors, proof of claim is required otherwise it's just noise at best or what I would describe as garbage.  I have seen a lot of misinformation presented in various threads throughout the forum in days gone by. One such thread was a multi day effort to beat away information that was dead wrong from those who thought having some degree of expertise in Paper Money meant they were an expert in E-Commerce as well and even ready to be an educator on the topic.  Any thread I am involved with I will work towards keeping the information pure and all claims tested thoroughly.

Troy.

Good evening Troy

Straight from the mouth of Lub Wojtiw a few years ago, he said to me that there were about 25 of these notes, but he knew of several other $5 RS test notes that people were hording, but were not willing to release the number, for whatever reason.  

So what ever Lub has told me over the years, l've believed.  

Brent could you publish the known numbers on this site, or your site some where ??

Troy, good luck with your auctions, it's been a delight to see some of the stuff you offer, probably never see alot of it again. Would be nice to see more BOC stuff, 54 to date.   Have a good evening  Darcy

What should be done is contact the vendor directly to determine what kind of proof exists and then you make a judgement call if further proof/ verification is required.

Had this happened in this case the party would have been very satisfied with the information presented.

The "decent vendor" you refer to is eBay's leading dealer of Canadian Paper Money and runs a flawless feedback record and has the best return policy I have seen.

He also has extraordinary access to information and does everything possible to ensure claims are accurate.

I am not sure where you would like to take this thread but it definitely has my full attention.

Troy.

Troy, I don't mean to offend. I apologize if I have in anything I have said thus far.

My entire point: There is nothing wrong with checking things out in whatever way one wants to. As a buyer, you are doing what is in your best interests. Sellers should not take offense to this, and in fact should encourage it.

This is not a debate about the seller. I have said nothing that was intended as or should be interpreted as a remark against the seller, or sellers in general. I harbour no grudges against this particular seller, nor would I have a problem recommending him to others.

This thread began as a question into whether or not the claim made in the auction posting was accurate. I never implied anything regarding the accuracy of the claim. You seem to be of the opinion that third-party verification is an indication of mistrust. I contend that it is merely acting in the sellers best interest.

It's called shopping around, checking things out and making an informed decision. When you make a large purchase, say for a car, the advertisement might say it gets 43 miles to a gallon, or has a better reliability rating than its competitor. Would you not want to perhaps check out the manufacturer's website for details of the vehicle? Maybe look at one of those car buyers guides at the bookstore? Or would you just go by what the dealer, even the guy who has owned the dealership for the last 45 years, is good friends with your brother, and a member of your coin club, says?

I myself sell items on eBay. In some auctions, I might make a claim about the rarity of the note. For example, I have one auction listed currently in which I state that this note had a quantity printed of a mere 920,000. I also state that this was confirmed by the Bank of Canada. Will I care if someone asks about the quantity printed on this site? No. Will I care if they email the Bank of Canada? No. I encourage them to do so because when they do, they will realize that I am correct, and this serves to establish or enhance the level of trust between buyer and seller.

Darcy: I don't know the number of RS $5s outstanding. I imagine Bob would know, but I haven't bothered to email him on the matter.

Hi Darcy,

Your warm comments mean a lot to me, thank you very much.

I am however as unconvinced as ever about there being more than 25 until the procees has been undertaken that I outlined to confirm that additional notes exist.

Thanks
Troy

Brent,

The most honorable way to conduct business is the way I described as the way to handle the situation not the way this thread started, nor am I pursuaded in any way by the various analogies you are presenting.

Perhaps it is these high standards of doing business and refusal to be pursuaded otherwise that have been the backbone of my success.

Troy

To those who have left there RS notes in the closet, thanx, that'll keep the rarity, & price up, my note will remain in the closet til l pass on, then my wife will sell it, then the population WILL go to 26.      another 5 bucks worth    

You sure have a strange way of keeping a secret Darcy.....

Sammi,

As promised I am reporting back to you on your question.

The notes have been selling for $1200 CDN in condition precisely like the one on eBay that just sold.

Thanks
Troy.