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Banknote - Remainder

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Colhand1's Avatar
United States
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 Posted 06/09/2014  10:03 am Show Profile   Bookmark this topic Add Colhand1 to your friends list Get a Link to this Message Number of Subscribers
How do you determine if a banknote is a remainder as opposed to a regular issue?
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 06/09/2014  10:15 am  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Hi Colhand1, Do you mean, 'modified notes'?
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John1's Avatar
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 Posted 06/09/2014  10:16 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Can't answer your ? but here is a link to a bunch of info http://en.wikipedia.org/wiki/Banknote
John1
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 06/09/2014  10:25 am  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
From my years at school ... I remember that a remainder is the fraction left over when trying to divide one number by another where the divisor is not a perfect factor of the divisible...

Although I think Colhand may be talking about REPLACEMENTS notes.. in which case it would depend on the series... some replacement notes for Canadian notes have been identified with an * (asterisk) others are only known by the prefix and serial number of the note.. this has been published research by Gilles Pommereau (I think I spelt his name correctly please forgive and correct me if I didn't)
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Colhand1's Avatar
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 Posted 06/09/2014  11:18 am  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
What I am referring to are the obsolete chartered banknotes. A remainder I thought was a note that was not issued to the general public and typically not signed. But I recently bought a chartered banknote that I am hoping is not a remainder as they are worth considerably less than the others.
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 Posted 06/09/2014  11:30 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
"Dipping" is not considered cleaning...
-from PCGS website
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 06/09/2014  12:37 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
Yes.. typically when a bank folded or was amalgamated with another bank there were cases where they had notes that hadn't been issued...

Because of this most of the notes are expected to be in very high grades as they never saw circulation...

Pics would help... let's see the note!!
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Colhand1's Avatar
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 Posted 06/09/2014  2:14 pm  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
ok, I will post the picture once I have received it. - later this week, probably Wed or Thur
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persistnt's Avatar
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 Posted 06/09/2014  4:18 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
AgCoin You did spell it wrong...I am waiting to see this Pic as well...
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AgCoinAu's Avatar
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 Posted 06/09/2014  5:18 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
More importantly... Persistnt... did you forgive me for spelling it wrong or was that completely unforgivable..?

(Crap I'm making too many dumb jokes on this thread... and for that I appologise.. but I'm certainly looking forward to seeing some cool chartered notes!)
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persistnt's Avatar
Canada
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 Posted 06/09/2014  5:32 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
I don't have a single chartered note- I read about them in the CanCoinNewspaper..I don't have any earlier than 1937..No 2.oo(1928)or 1935 1.oo that were found inside of wallet..What a great find that would be..I think my Jokes are crazey as well..
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twoplustwo's Avatar
Canada
287 Posts
 Posted 06/09/2014  8:12 pm  Show Profile   Bookmark this reply Add twoplustwo to your friends list Get a Link to this Reply

Quote:
I don't have a single chartered note- I read about them in the CanCoinNewspaper..I don't have any earlier than 1937..No 2.oo(1928)or 1935 1.oo that were found inside of wallet..What a great find that would be..I think my Jokes are crazey as well..


I collect "Bank of Canada" banknotes 1935 to date.. Chartered banknotes are a whole other world that I haven't explored, yet.
Edited by twoplustwo
06/09/2014 8:12 pm
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 06/10/2014  12:30 am  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
My collection of chartered notes started with getting BMO chartered notes... then it went into trying to get at least one bank that amalgamated into the BMO.... I'm not going to lie... I actually didn't enjoy.. so I sold most of those notes and started on a new little passion of mine... Chartered bank notes with barn animals on them.... It seriously limits me so I don't get as carried away.... (I say that but meanwhile I have a standing bid on a $10 N.S. note from 1935 that for some reason it just spoke to me and I really like)
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persistnt's Avatar
Canada
726 Posts
 Posted 06/10/2014  12:33 am  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
One of these days I will buy a 1935 $1.oo note...And I am not really interested to own any older (I don't count shinplasters as a note)..The 25c notes are an oddity to me-I enjoy them,..I have 4 or 5 fine or good 25cent notes..There is different letters on bill front to collect here ..(mine are B,J,K, not sure the others)The higher 1935 denom. notes I would say are out of my price range..two Plus I like to hear what others collect..
Edited by persistnt
06/10/2014 12:35 am
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Colhand1's Avatar
United States
629 Posts
 Posted 06/10/2014  11:15 am  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
Personally, I would like to own $1, $2 and $5 1935 notes in both the English and French versions. So far I have both $1 in VF30. The $2's I have but the French one is not good (rips, tape, etc). The $5 French is at least a VF30 and I will be submitting it along with the chartered banknote at the ANA to PMG for grading. The chartered banknotes I pick up when I see a bargin and honestly, the one that I am referring to above was a bargin - it's in AU or better condition. It's in the mail, and I should have it tomorrow.
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Colhand1's Avatar
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 Posted 06/10/2014  11:16 am  Show Profile   Bookmark this reply Add Colhand1 to your friends list Get a Link to this Reply
The question remains.
How do you determine if a chartered banknote is considered to be a "remainder"?
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