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$5 1954 Replacement Note

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Canada
51 Posts
 Posted 06/04/2014  11:15 pm Show Profile   Bookmark this topic Add zeil to your friends list Get a Link to this Message Number of Subscribers
Hi guys, I am trying to learn as much as possible about this note. The signatures are misplaced a little bit on it and I was wondering if it has any impact on the value... What do you think about this bank note? Thanks :)

$5-1954-Replacement-Note
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 06/04/2014  11:58 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
Very nice note!

Could you post some pictures of the back, it will be easier to grade that way. From what I can see, the note appears to be Unc condition, which is valued at $480.

Only 16,000 of this particular replacement was printed, however you can still find them around quite easily.

As for the signatures, they are slightly off where they are supposed to be, but not drastic enough to really have any premium.

Hope this helps, and welcome to CCF!
Edited by Canadian-Banknotes
06/04/2014 11:58 pm
Valued Member
Canada
51 Posts
 Posted 06/05/2014  12:03 am  Show Profile   Bookmark this reply Add zeil to your friends list Get a Link to this Reply
Hi Canadian-Banknotes, thanks! It's actually graded by PMG as 66 EPQ but the description only says replacement note and nothing about signatures. That's why I was wondering... Thanks for the welcome, it's great to be on this forum... So much to learn!
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AgCoinAu's Avatar
Canada
3049 Posts
 Posted 06/05/2014  11:08 am  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
Some grading companies won't mention errors... or will only mention them if you make note of it in the submission form...

In my opinion the signatures here are off but I'm not exactly sure what the acceptable tolerance levels were for this series.
Valued Member
Canada
51 Posts
 Posted 06/05/2014  11:17 am  Show Profile   Bookmark this reply Add zeil to your friends list Get a Link to this Reply
Thanks AgCoinAu, I didn't know you need to ask them to put error on label. I can't find the acceptable tolerance levels were for this series either
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