1954 $2.00 Bill

I'm not much into paper.Although I will collect them,if the price is right.
So I can't help much.
$100.00? Me,I wouldn't go that high(in that grade).I've got a couple in my collection.Paid a couple of bucks each for 2 of them.

Probably.Some people don't know what the asterisk by the bill number is all about.I bought mine 3 years ago for(if I remember right $8)Oh well his loss,my gain.
Like I said I'm not a lot into paper,although I do have a few.Maybe I should get more into it.

Way too much. In my opinion the note is only in VF condition, and has a book value of $15 in VF. In C.Unc condition these notes have a book value of $100.




The asterisk is there to indicate that this is a replacement note. Whenever error notes (or notes not up to the standards) they would be set aside and destroyed. Because the run of notes would no longer be complete after removing these notes they had to print new ones (replacement notes).

Replacement notes are still around today, but they no longer use asterisks. Without having the Charlton Catalogue in front of you while searching Canadian notes you would not be able to tell the difference between a modern replacement and a normal note. Replacement notes in the Journey Series (Current Notes) have to be in a confirmed range to be replacements, for example;

$5 APF 2,800,000 - 2,880,000 (80K Range) are replacements.

Some replacement notes are worth tens of thousands of dollars.

According to an older version (2006) of the Charlton paper money guide, this note would run around $20.00 in EF. I can't see it being much more than that today.
I also would question the grade.

I have a 1954 $2 banknote also. Here's a scan of it.



I had no idea it was worth something like that ..... thought it was worth a little more than face.

I have several Canadian banknotes, $1 and $2 bills and have never paid that much attention to them. Guess I'd better start studiny up on these.

For anyone interested here is a link to a very rare, and expensive Canadian replacement note. (1954 $5 Devils Head Replacement)

This is the more common, Beattie-Coyne signature note. (Book Value is Currently $23,000 Canadian)

http://currency.ha.com/c/item.zx?sa...&lotNo=13024

Thanks Canadian-Banknotes, interesting.