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Replies: 10 / Views: 52,891 |
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New Member
Canada
17 Posts |
just wondering the details and value of this dollar bill  
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Pillar of the Community
Canada
2845 Posts |
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Pillar of the Community
 Canada
9864 Posts |
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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Pillar of the Community
Canada
3234 Posts |
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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Pillar of the Community
Canada
2845 Posts |
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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Pillar of the Community
 Canada
9864 Posts |
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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Pillar of the Community
Canada
2845 Posts |
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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Valued Member
Canada
458 Posts |
yes I remember these bills and nice for the time
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Valued Member
70 Posts |
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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Pillar of the Community
Canada
2845 Posts |
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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Valued Member
Canada
393 Posts |
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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Replies: 10 / Views: 52,891 |
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