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1967 Canadian Centennial Dollar Bill With No Serial Number

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Phoenix1701's Avatar
Canada
17 Posts
 Posted 03/11/2017  12:02 am Show Profile   Bookmark this topic Add Phoenix1701 to your friends list Get a Link to this Message Number of Subscribers
just wondering the details and value of this dollar bill

1967-Canadian-Centennial-Dollar-Bill-With-No-Serial-Number

1967-Canadian-Centennial-Dollar-Bill-With-No-Serial-Number
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Canada
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 Posted 03/11/2017  12:32 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply
Even in prestine condition, the 1954 non-serialized Centennial dollar is only worth about $3.00.
http://www.coinsandcanada.com/bankn...6&id_denom=2

But yours, showing wear and folds, is guaranteed to be worth $1.00.

If you're interested, here's a little history about your banknote.
http://www.bankofcanadamuseum.ca/co...rative-note/
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9864 Posts
 Posted 03/11/2017  01:39 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
Back in '67 everyone thought the 1867-1967 Centennial note would be the one to sell at a premium in the future.
It was thought the Centennial notes with regular serial numbers would never be worth more than face.
So many fools like me bought up and hung onto the former variety that a few years later the serial numbered notes were scarcer and attracted a premium while the 1867-1967 notes never rose above face.
But what goes around comes around and both varieties 50 years later, except for exceptional gems, are basically worth face.
"Dipping" is not considered cleaning...
-from PCGS website
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DEVLEC's Avatar
Canada
3234 Posts
 Posted 03/11/2017  08:16 am  Show Profile   Bookmark this reply Add DEVLEC to your friends list Get a Link to this Reply
I bought a small stack of them in crisp unc's at auction for face..

Way back then I didn't even realize that I should have been going after the serial #'d from 67..
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Canada
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 Posted 03/11/2017  09:56 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

Way back then I didn't even realize that I should have been going after the serial #'d from 67..


You certainly weren't alone! Yes, at the time, the 1867-1967 issue NOT bearing serial numbers made it unique. It's a great example of how it's impossible to predict what something might be worth into the future.

In spending power that $1 in 1967 is equal to what costs $7.31 in 2017 dollars. Therefore considering it's worth is still only face value today, quite a flop.

http://www.bankofcanada.ca/rates/re...-calculator/
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 Posted 03/11/2017  11:48 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply

Quote:
$7.31 in 2017 dollars.

I think I still have about 30 consecutives in their original Royal Bank pay packet envelope.
Nice to know I can put a dollar amount to sentimental value.
"Dipping" is not considered cleaning...
-from PCGS website
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 Posted 03/11/2017  12:32 pm  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply



Quote:

I think I still have about 30 consecutives in their original Royal Bank pay packet envelope.


That's an excellent return on sentimental value!

I have some sentimental value worth about $35 as well. My dad ordered five 1867-1967 banknotes directly from the Bank of Canada. They're still in the original envelope with the $5 purchase receipt. It's kind of interesting that in 1967 BofC sold banknotes to the general public via mailorder.



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Canada
458 Posts
 Posted 03/11/2017  9:48 pm  Show Profile   Bookmark this reply Add Bigchip22 to your friends list Get a Link to this Reply
yes I remember these bills and nice for the time
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prefix-kix's Avatar
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 Posted 03/12/2017  9:04 pm  Show Profile   Bookmark this reply Add prefix-kix to your friends list Get a Link to this Reply
wildflowerAB,

When you say, "They're still in the original envelope." do you mean a letter envelope that was just used to deliver the banknotes or was it something special to house the banknotes?
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 Posted 03/13/2017  12:53 am  Show Profile   Bookmark this reply Add wildflowerAB to your friends list Get a Link to this Reply

Quote:

When you say, "They're still in the original envelope." do you mean a letter envelope that was just used to deliver the banknotes or was it something special to house the banknotes?



Yes, the letter envelope used by the Bank of Canada to mail the five 1967 Centennial banknotes.

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Proof Nut's Avatar
Canada
393 Posts
 Posted 03/13/2017  08:19 am  Show Profile   Bookmark this reply Add Proof Nut to your friends list Get a Link to this Reply
Recently bought 50 of them at an online auction the majority of which were well circulated.

Although they cost me roughly $1.45 each (taxes and commission), I didn't mind as it was these or the soon to be released rolls of commemorative 50 cents

Plan on spending most of them over the course of the next 9 months in celebration of the 150th something I've been looking forward to for awhile.

These should provide some fun entertainment value far exceeding the premium paid attracting attention, strange looks and interesting responses.

Combined with the usual antics of leaving behind a Jubilee 50 cent piece or other obsolete Canadian currency at restaurants as part of the tip, it's a great way to promote the hobby!
Edited by Proof Nut
03/13/2017 08:59 am
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