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Canadian Cheques And Fiscal Documents

 
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Pillar of the Community
Canada
4196 Posts
 Posted 04/09/2016  4:09 pm Show Profile   Bookmark this topic Add chequer to your friends list Get a Link to this Message
There is a thread for "old checks" in the US banknote forum, so I'm hoping this thread will be okay here for Canadian cheques, drafts, promissory notes, bills of exchange, etc.

I picked these up at a LCS this afternoon - nothing terribly special, especially for the area, but still fun. I found the Bank of New Brunswick cheque interesting because I didn't notice at the store that it doesn't appear to have been actually issued/paid. Curling, Newfoundland is now part of Corner Brook and the Newfoundland stamps are a nice bonus.







Pillar of the Community
Canada
1118 Posts
 Posted 04/09/2016  4:22 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
Red Rose and King Cole, I am happy to see those. I can't wait to see your Irving cheque.

I was just handed a new cheque 10 minutes ago to research for a guy. It is like nothing I ever seen before. I am having my aunt scan it at work when she returns Tuesday. It is from the Bank of New Brunswick, written up in Pound Sterlings and is made out to a women in London. Early traveler's cheque I am guessing.

Thank you for doing this chequer. I will be following this thread with baited breath.
Bedrock of the Community
Canada
10651 Posts
 Posted 04/10/2016  4:13 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
chequer, Do you know what the postage stamps were supposed to mean?
True North
Pillar of the Community
Canada
4196 Posts
 Posted 04/10/2016  4:38 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
Not postage, but excise tax stamps that were issued on fiscal documents of that era. Postage stamps were often used though (the NL may be postage, I'm not sure). I believe the rate for these was 2 cents per $50 or fraction thereof, although that would mean the Red Rose one would have needed another.
Bedrock of the Community
Canada
10651 Posts
 Posted 04/11/2016  5:11 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply
Thanks chequer..

The reason I asked is because a good friend on CCF sent me a Royal Bank of Canada cheque and, it had a 3 cent stamp on it not excise, dated December 28th, 1946 looks like a normal postage stamp to me.
True North
Pillar of the Community
Canada
1118 Posts
 Posted 04/11/2016  9:59 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
I called my aunt to remind her to scan the cheque at work tomorrow but she isn't going in. She will do it Wednesday, ugh.

The little piece of paper with it called it a "blue note". It is in rough shape. Stained from old tape and new tape on it. I am not sure if it is archival or regular Scotts. It has a few rips and I am not sure how hard these are to find. Once I get some more info I will decide if I want to buy it off my dealer. It has a schooner and the number 2 on the left hand side. Once I am home on a computer with proper speed I will check my mails and do some more digging.

The coin club meets this upcoming Thursday so I need to do some serious digging.

I may go down to the office supply store or library Wednesday and scan some of my New Brunswick Railroad stocks.

Pillar of the Community
Canada
1118 Posts
 Posted 04/13/2016  3:01 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply




Ok, the least interesting of the scans! I got it converted from a PDF to a JPEG, used the site's image optimizer and uploaded it!

I will get the other images up here after my cup of tea.
Pillar of the Community
Canada
1118 Posts
 Posted 04/13/2016  3:20 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply




I even got fancy and rotated the picture 90 degrees so it would show better!




Pillar of the Community
Canada
1118 Posts
 Posted 04/13/2016  3:23 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
Ok, so the guy that handed them to me said he paid X for it with Y in taxes. He is asking Z for it which would orice it at a 33% mark up of what he payed for it.

My number 1 question is what is it. My second question is has anyone ever bought or sold on of these before? With the tape stains and new tape on it I do not know if it has any value. Could I find a better one easy enough?
Pillar of the Community
Canada
4196 Posts
 Posted 04/13/2016  4:37 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
That is a second of exchange. Multiples of a draft/order would be sent (usually in three) via differing modes of transportation and the first to arrive would be the one cashed. I'm not seeing any markings indicating this was the one turned in. These generally have more value than normal cheques, etc. and a complete set is very desirable. This one is rough, but does have the Bank of New Brunswick going for it locally.

Here's a recent shot of the building I took

Pillar of the Community
Canada
4196 Posts
 Posted 04/13/2016  4:43 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
There are a few bills of exchange that sold in the auction below - even a Bank of New Brunswick second of exchange, so that should give you an idea of value - just take into account the difference in condition.

http://www.moorecoins.com/BANK-OF-N...nd_i21394984

*Just noticed the payee in the link is the same as yours!
Edited by chequer
04/13/2016 4:45 pm
Pillar of the Community
Canada
1118 Posts
 Posted 04/13/2016  4:45 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
Ok, I think I understand. 3 exact bills of exchange was sent to London. They did this because 2 could possibly get lost traveling so far. A complete set of 3 would be, well, complete.

It is not scratched up or poked with "PAID" so this one would have been one of the two that came in last.

So 3, hence the 2. Thank you so much.

I want to see that bank, The Maritime Bank and the Red Rose Tea factory when I get down to Saint John at the end of May. That is a great picture.

So Chequere, could you put a price on this? How common are they? Will I find one at the Saint John Coin Club show? I could tell you what he is asking if you want but I don't want to influence your decisions.

I bought a few more cheques off of eBay last night I will post in this thread too. They are both neat in their own way.
Pillar of the Community
Canada
4196 Posts
 Posted 04/13/2016  4:49 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
Honestly, with the rip through the name and all the tape, I wouldn't pay much (considerably less than the price realized in that auction above), if I would buy it at all. Of course, I don't believe they are very common, so it may be along time before you come across another. If you can get it for a good price and you're okay with the condition, it's certainly a nice piece of history.
Pillar of the Community
Canada
1118 Posts
 Posted 04/13/2016  4:57 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply


So this is a cheque from The Bank of Montreal, well, kind of.

In 1922 (late December '21) The Merchant Bank of Canada was bought out by the Bank of Montreal. This company, A.M. Bell Co, Limited, kept their old cheques and stamped over them.

http://query.nytimes.com/gst/abstra...67838A639EDE

(New York Times article)

Here is a write up on A.M Bell and his bussiness.
http://www.mta.ca/wpbell/ambell.htm

...and here is the business it was sent to (a historic site)

http://www.historicplaces.ca/en/rep...aspx?id=3034

I like the revenue stamp, just not where it is stuck.
Pillar of the Community
Canada
1118 Posts
 Posted 04/13/2016  5:00 pm  Show Profile   Bookmark this reply Add Harmonica to your friends list Get a Link to this Reply
Well, I think he wants around 60ish. I just feel this thing will fall apart before I do. I would have to have it at 20 (not going to happen) but I think I will just tell him what I found out and give him my best offer (40 I recon).
Pillar of the Community
Canada
4196 Posts
 Posted 04/13/2016  5:08 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
$20 was the ballpark I was thinking as my max. The Bell pieces are relatively common (I know I have some somewhere), but still nice with the building vignette. That's a promissory note. Yes, the stamp on the building is seen often. I'll have to find mine sometime.
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