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Was Told This Is Very Rare? Is It, The Imperial Bank 1920 $10

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Valued Member

Canada
54 Posts
 Posted 10/07/2013  2:49 pm Show Profile   Bookmark this topic Add kijiji2012 to your friends list Get a Link to this Message Number of Subscribers
The Imperial Bank of Canada, 1920 $10 bank of Toronto,... what would this be worth , I have been told 300usd and I have been told 3000usd, I did see one end in auction it ended over 3200 dollars , can any one give me a value ,?my buddy think he seen it in the book for $6600

Was-Told-This-Is-Very-Rare?-Is-It,-The-Imperial-Bank-1920-$10
Edited by kijiji2012
10/07/2013 2:51 pm
Pillar of the Community
Canada
686 Posts
 Posted 10/07/2013  3:19 pm  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
I know little about notes, or the grading of them. My hunch is that it could be worth $300 or $3000, depending on the grade. This one doesn't appear to be of a very high grade (I'm guessing VG or F, but that's sheer hunch as I don't know the standards). Likely worth a few hundred bucks (maybe up to $500 based on sales results I could find).
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Pertinax's Avatar
United Kingdom
2135 Posts
 Posted 10/07/2013  3:21 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
The KM catalog lists it at $100 in Fine and your note appears to be Fine at best.
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Canada
686 Posts
 Posted 10/07/2013  3:39 pm  Show Profile   Bookmark this reply Add jg86 to your friends list Get a Link to this Reply
Pertinax - Is this not the same note: http://auctions.tcnccoins.com/Imper...F15_i9420831
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SHAFTA9a's Avatar
Canada
10743 Posts
 Posted 10/07/2013  3:53 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list Get a Link to this Reply

Quote:
I know little about notes,



I don't know much about these notes either but, I'll bet it's worth more than $100.00
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 10/07/2013  4:59 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
I don't have it on me right now.. but there is a Charlton Standard for Canadian Banknotes that has many chartered bank notes... I have a suspicion this one will be in there and I will post it then. As for grade:

8 Very Good Heavy circulation. Note is intact with no pieces missing. Soiling, light stains, splits or a missing corner tip are common for this grade. Note is limp.
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Pertinax's Avatar
United Kingdom
2135 Posts
 Posted 10/07/2013  5:35 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
jg86,
It looks like it but kijiji2012's note is in worse condition, though probably not $475 worse.

However, the other note seems to have a different left signature and that might be rarer.

Lastly, I'm only quoting and having no other source of info I put my trust in KM.
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 10/07/2013  9:14 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
My cataloge 7th edition of Canadian Bank notes lists it as 375-10-22:

good: 1600
vgood: 3200
fine: 4800

Hate to say this but looks like this is another case where the cataloge trends have been a bit more than over zelous.

Great note and some interesting history in there........
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