#10 million notes

News: Welcome to the Canadian Paper Money Forum.

I've seen one or two 1954 one dollar notes before.
But have you ever seen a 1954 $5 or $10 with the 10 million number?
Do you think Charlton  would be in the right ballpark if these are never offered?

For your viewing pleasure 

These notes would sell for a significant premium to catalogue as they are sequential and the very difficult to find Beattie-Rasminsky Y/C Changeover.


{http://www.davgro.com/images/cpmf/1954_$5_YC100000000.jpg}


And a bonus note from the sequence.


{http://www.davgro.com/images/cpmf/1954_$5_YC9999999.jpg}

  Ho...lee...crap.
but that still doesn't answer my question...

Wow, once again very nice notes Arthur!

Now I have a question as well. Since there a 1000 notes in a brick, would those 2 notes have originally been found in 2 separate bricks?

Now I have a question as well. Since there a 1000 notes in a brick, would those 2 notes have originally been found in 2 separate bricks?

At that time, notes were numbered from 1 to 10000000, so each bundle would be xxxx001 to xxxx100, and each brick xxx0001 to xxx1000. The final brick would be 9999000 to 10000000.

This all changed in the late 1960s when they switched to starting each ream with 0000000. The ream ended with 9999999 and each brick went from xxxx000 to xxxx999.

It would make sense that the 10 000 000 note is from the "first " brick 0  000 000 and then the 9999 999 is from the last brick.


Side by side notes would be (I think)

y/c 9999999  z/c 0000000  <-- 10 000 000

??

Sorry Huds - It didn't work that way. Take another read through my post and lmk if you have any questions.

Ahhh  I see.

Thanks BWJM

The final brick would be 9999000 to 10000000.

I believe you meant 9999001 to 10000000.

Thanks for the info Brent.

I was at the Edmonton Money show today - I don't remember which dealer it is, but there is a table that has both a 1954 $5 10-million note, and also a 1954 $10-million note.  They were impressive to see in person.

If you're in Edmonton, go to the show tomorrow and you'll be able to see them.

hi,
could anyone tell me how much would something like this worth!
thanks very much,

would mine solid '8' of the 1954 $5 worth more or the 10 million note!

All ten million numbered notes are $2,400-$3,850
according to the Charlton Cat.

All ten million numbered notes are $2,400-$3,850
according to the Charlton Cat.

This would be for Uncirculated notes. If the notes is circulated, then theprice will have to be revised to the "Value Guide" located in the Charlton Guide.

Sorry, completely forgot to mention that.
These notes sell for a premium anyways, so a true value is hard to know.

10 million numbered notes are rare, so the catalog value is only a suggested price - it depends mainly on what you're willing to pay and what the dealer is willing to sell it for.

I've seen a 1954 $5 10-million note for sale twice.  The first one was an UNC-63, and the dealer wanted $4,200 for it.  The other was in EF-40, and the dealer was asking $2,600 for it.

Rare notes like this can have huge price variance, depending on what the seller originally paid for it, and therefore, what kind of profit margin they're getting.