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 Replies: 15 / Views: 4,241 |
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Pillar of the Community
Canada
867 Posts |
My mom used to work at the Royal Bank in the early 1950's and pulled this one when she was counting money. It has some wear, but generally almost UNC condition.  |
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Pillar of the Community
United States
1002 Posts |
That is a great error!! I am guessing value around the $500-$650 range.
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Pillar of the Community
 Canada
867 Posts |
In 2002, it was in a Torex auction, but my dad had second thoughts, and I bought it back from the auction when it was about $660, before the auction ended, so your estimate of value is pretty close.
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Valued Member
Canada
449 Posts |
That is an awesome error note.
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Pillar of the Community
Canada
2366 Posts |
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Pillar of the Community
Canada
4944 Posts |
Book value for this particular error note is $550 in Unc condition.
Beautiful Note!
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Pillar of the Community
Canada
3234 Posts |
Fantastic error..!! Could anyone here explain what took place?
It shows that the signatures go on "after" the printing is complete. ..but..
Was the note folded when she saw it and if so or not,.. how did she pick up on the partial signature on the flip side?
..and I'm guessing that the bottom left corner is also clipped off?
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Pillar of the Community
Canada
867 Posts |
My mom is visiting so she was working for the Royal in 1954 and this was in a bundle from the Bank of Canada. Over the years, it does have a bit of creasing, as I'm not sure how my father stored it. Underneath the fold, is the continuation of the bill with the serial number. Then, somehow it got folded, and the signatures went on. Yes, there is a small part of the corner missing when unfolded. I think the other corner is from another bill, that probably was next in line when it was mis-folded and cut.
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Valued Member
Canada
263 Posts |
If you ever want to sell it  |
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Bedrock of the Community
Canada
10743 Posts |
WOW.. What a nice error note.  And.. a DF besides. |
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New Member
Canada
23 Posts |
If memory serves; at this time the printers would ship the notes to Bank of Canada without signatures such that they were not Legal Tender. The Bank of Canada would print the signatures themselves and make the notes legal tender then distribute them.
It appears to me that you have 2 errors; the fold is one the smaller piece is from a 2nd note and not related to the fold over one.
Nice find!
Chris
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Pillar of the Community
Canada
3234 Posts |
Chris...Thanks for the added info...That helps....
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Pillar of the Community
Canada
867 Posts |
another pic to get my post count up..  |
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New Member
Hong Kong
32 Posts |
I'm just curious but how do people or dealers obtain these errors? It's not like Central Banks would sell this nor would any normal person would use this to spend these.
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Pillar of the Community
Canada
3234 Posts |
Some quick bank employees can pull them "before" they get caught and scrapped ...as happened in this case.. I do love that special signature...  |
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Valued Member
Canada
387 Posts |
Very Nice. I am amazed at these kinds of conditions every time I see them.
Good luck.
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Replies: 15 / Views: 4,241 |
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Posted 05/05/2013 3:30 pm
