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Where Do I Start? New To Collecting Bank Notes

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Canada
1 Posts
 Posted 08/12/2023  1:26 pm Show Profile   Bookmark this topic Add Kgirl7691 to your friends list Get a Link to this Message Number of Subscribers
Hi everyone,

I'm new to collecting bank notes and inherited a nice collection of Canadian and international bills from my dad. My canadian bills are from 1870 to the 1970s.
My intention is to identify their value and to perhaps sell some but I'm in no rush to do so out of respect for my father's patient collecting.

So my question is, where do I start?
I have sorted and stored them so they are well conserved. A quick search on line tells me some have value. Where do I find a fairly accurate value and if I wanted to sell where would I go? Some suggested a book Charleton, is that a good idea?

I'm new to this and want to learn.
Thanks :)
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HondoB's Avatar
United States
24860 Posts
 Posted 08/12/2023  2:32 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
to the CFF, Kgirl! First get the book. I'm not familiar with Canadian or world currency, so someone else will have to help you there.
As for values, check ebay sold listings or other auction sites such as Heritage and Great Collections.
Inordinately fascinated by bits of metal with strange markings and figures
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jbuck's Avatar
United States
187446 Posts
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walk2dwater's Avatar
Canada
2571 Posts
 Posted 08/13/2023  12:23 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
to CCF!

If I were you, I'd take the link that automatically appears in your first post once you wrote the word inherited. It gives some great advice on how to tackle the steps you need to take. Scroll down to "Some More Tips..." & read #5, #2 & #3 again (if you haven't read them).

I would not worry to much about grading at this point but more in terms of IDENTIFYING & documenting what you have. Get organized. A great place to start is to get a catalogue but if you wish to look over some & get a general idea (before you buy the catalogue) try checking out what coinsandcanda have:
https://www.coinsandcanada.com/bank...s-prices.php

Remember to take your time & take lots of breaks since the whole task may be a bit overwhelming. Use a notepad to make notes once you've identified a note (remember to write down its code like BC-7 for the 1935 $10)

Take the BANKNOTES link to further investigate notes from the Chartered banks ("Banknotes of Canadian Banks") like BMO, TD, CIBC, etc if his collection has those & the Dominion link for "Dominion of Canada" notes).

Keep reading & learning from forums like this one. I posted a thread that gives a general breakdown plus a few helpful links to grading (you may find helpful) after you've sorted out what you have. Check this NUMISTA site out which also has a good Bank of Canada catalogue of notes to help ID what you have.
Numista's Banknotes from Canada:
https://en.numista.com/catalogue/ca...notes-1.html
Thread on grading:
https://en.numista.com/forum/topic108343.html

Hope that helps!
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Cdncoins's Avatar
Canada
999 Posts
 Posted 08/13/2023  10:39 pm  Show Profile   Bookmark this reply Add Cdncoins to your friends list Get a Link to this Reply
You should consider picking up a Charlton guide book. There is one for Canadian government paper money and one for Canadian bank notes (issues by banks). I'm not sure what type of Canadian paper money you have. These guides will show you the difference in signatures, styles, and approx. retail values. You can find the guides at the link below or at a local coin shop or a coin show.

https://www.charltonpress.com/colle...ent-editions
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