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Topic: Standard Trust Company  (Read 8920 times)
BWJM
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« on: September 02, 2004, 12:47:01 am »

Does anybody know anything about this bank?

I have a friend that says he had a $10,000 bill that he got from this bank in 1981.  He said it was purple and had a portait of some guy.  I'm saying it's probably a bank-issued money order, bond or bank draft of some kind, but he insists that it was similar in nature to circulating currency (except a much higher denomination).

Any clues whatsoever???

BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.
Bob
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« Reply #1 on: September 02, 2004, 12:54:05 pm »

The Standard Trust Co. failed a few years back.  No trust company in Canada, including that one, was ever authorized to issue circulating bank notes.

Collecting Canadian since 1955
BWJM
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« Reply #2 on: September 02, 2004, 06:47:01 pm »

Would it have been some kind of a bond or other negotiable document that would look like a banknote?

BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.
buxvet
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« Reply #3 on: May 31, 2006, 12:26:18 pm »

I can't tell you too much about it and nothing with respect to
any notes they may have had.

I owned and operated a Toronto Delivery Co from 1986-1999
and I had Standard Trust as a client. There Head Office
was located at 69 Yonge St in Toronto
Ottawa
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« Reply #4 on: August 20, 2006, 01:54:23 pm »

Could it have been one of those cheap-looking "Million Dollar" novelty notes that were sold by Zellers and some other stores for $1.00 each five or ten years ago? There was a green one with the Queen's portrait and a PURPLE one with, I seem to recall, Laurier's portrait. I used to have several but sold them off in my Junque Box at the local coin show.

" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).
admin
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« Reply #5 on: August 20, 2006, 08:33:18 pm »

I don't think that's what he's got, but here are all the million dollar notes I'm aware of.

http://www.cdnpapermoney.com/English/BoC/Million.htm
Bitburger
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« Reply #6 on: August 22, 2006, 07:43:43 pm »

This Bill is probably not a Bill. It must be shares from that Company printed by a Banknote Company for the Shareholders. You can always ask your SHARES in SHAREBOUNDS. This is probably a 10000 Shares/$. If STC company went bankruptcy. They worth NOTHING.
 

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