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Miscut Error Canada 1973 $1 Note

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cladhunter13's Avatar
Canada
1161 Posts
 Posted 10/15/2013  1:30 pm Show Profile   Bookmark this topic Add cladhunter13 to your friends list Get a Link to this Message Number of Subscribers
I was wondering if this miscut 1973 $1 note holds any premium. I'm new to collecting paper money and have no clue. If anyone has an idea of its value...please enlighten me. :)

Thank you in advance.

Miscut-Error-Canada-1973-$1-Note
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 10/15/2013  2:13 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
I don't see any part of another note. Unfortunately no premium on this one, it was just poorly cut.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 10/15/2013  7:02 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
I think it might bring a small premium. This note looks uncirculated, and would be (around) $3.00 without the error.
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 10/15/2013  9:10 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
For it to be an offcut error that will derrive a premium... you need to have part of the adjacent note.

Unfortunately there were a tonne of people that bought those $1 sheets of 40 uncut notes.... Some junk heads thought they could "create" errors...

This looks like one of those "creations"...

Into the realm of "spender" for me
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Pokermandude's Avatar
Canada
1192 Posts
 Posted 10/15/2013  9:17 pm  Show Profile   Bookmark this reply Add Pokermandude to your friends list Get a Link to this Reply
The sheets which were released were only of certain prefixes. I don't remember them all off hand (BFK was one), but none of them were 2 letter prefixes. So it isn't a "created" error from a sheet released to the public. It came from the Bank of Canada like that.

Little to no premium since it's just not off center enough to see a part of the next note over.
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 10/15/2013  9:51 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply

Quote:
The sheets which were released were only of certain prefixes. I don't remember them all off hand (BFK was one), but none of them were 2 letter prefixes.

That's correct.

The other prefixes used in sheets were: BFD, BFL, BAX (Replacement Sheet), ECP, ECR, ECV, ECW and EAX (Replacement Sheet)
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Canada
5324 Posts
 Posted 10/15/2013  11:45 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
chuck it on ebay, who knows maybe 30 to 50 bucks.
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cladhunter13's Avatar
Canada
1161 Posts
 Posted 10/15/2013  11:51 pm  Show Profile   Bookmark this reply Add cladhunter13 to your friends list Get a Link to this Reply
Thank you all for the information. Exactly the info I needed to make a decision. It was a note I was looking at buying. A friend had it listed on my areas local Facebook Auction. He ended up getting $11 for it. I just did not know how far off the note had to be to hold any sort of premium.

Now I will be better prepared next time I have a chance to make such a purchase.

Thank you for all the informative replies.
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persistnt's Avatar
Canada
726 Posts
 Posted 10/19/2013  10:12 pm  Show Profile   Bookmark this reply Add persistnt to your friends list Get a Link to this Reply
These 1973 notes are famous for persons cutting them with scissors, to purpusefully create error note, and so it really doesnot command a premium....They were issued for a while in uncut sheet of 40 notes I believe....people cut in 2's or 4's and sell the pair of notes for 6 to 9.oo......
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Canada
867 Posts
 Posted 10/25/2013  7:18 pm  Show Profile   Bookmark this reply Add tripoli to your friends list Get a Link to this Reply
I bought the $1 & $2 sheets at the time the Bank of Canada was phasing them out.....I doubt there ever will be a shortage of these, as they were scads of them....I don't doubt that someone has cut them up to spend them over the years....especially if you have given them to a kid, who turns into a teenager needing some cash.
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