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 Replies: 16 / Views: 3,300 |
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New Member
Canada
9 Posts |
I'm looking at a 1935 $25 English note. Any ideas what they are worth? Will post pics
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New Member
 Canada
9 Posts |
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Moderator
 United States
56855 Posts |
Edited by John1
10/21/2020 6:32 pm
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Pillar of the Community
 Canada
9863 Posts |
'bout three to four grand.
Beware of counterfeits.
"Dipping" is not considered cleaning...
-from PCGS website
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New Member
Canada
9 Posts |
How do you tell counterfeits?
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Pillar of the Community
Canada
5394 Posts |
Yours is quite real , nice find .
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Valued Member
Canada
402 Posts |
you can check coinsandcanada dot com under banknotes; bank of canada lowest section (1935)...and check the denomination out...you can even check prices sold at auction
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New Member
Canada
9 Posts |
Knowing what it's worth now what would you guys pay for one in the shape of mine?
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Moderator
United States
56855 Posts |
It is better to go by sold prices from places like ebay,or auction companies. John1  Edited by John1
10/22/2020 1:35 pm
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Pillar of the Community
Canada
5239 Posts |
This is a scarce note in any grade. According to my guide, only 1,840 of them remain in both languages.
A note like this one needs a wide audience like an auction to get the best price. Any dealer would buy it instantly but would pay quite a bit less than retail because they need to make a profit.
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Valued Member
404 Posts |
Agreed with @oriole, but I will add that the discount on retail is also (from lots of experience dealing in Canada), that these notes sit around for a loooooooong time. They are the type of item that gets a lot of lookie-loo, but very few people actually pony up for a decent one. I had one graded BCS EF-45 that sat for a couple years, and I probably touched it more than any other person in its history taking it out of / putting it back in the counter. In retrospect, should have just sent it to auction, and taken the discounted price that we eventually got for it.
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Pillar of the Community
Canada
5324 Posts |
You should spend the 50 bucks and graded it, the reward far out weighs the cost
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Pillar of the Community
Canada
2575 Posts |
F - VF book between $4000 - $5000 CDN but they're hard to buy from a CDN owner since so many have been snapped up by US dealers (asking Charlton prices in USD). This makes them priced out of reach for most CDN collectors IMO.
Also far too many are over graded (IMO). This wouldn't be such a problem with normal banknotes but since 1935 $25 are so scarce, 5 points (or difference between F & VF) can cost thousands. It doesn't surprise me that they sit under dealer's cabinets for months.
Several of the lower (non EPQ) grades lack colour & it's obvious they've been pressed. The one you posted has good eye appeal (actually looks to have original colour) no design lost & just the 3 major creases/folds. The only issue I can detect is that it has been soiled on the back (left border). Since it is ungraded, you may be able to strike a fair price depending on what you can settle the grade to be. Good luck!
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Pillar of the Community
Canada
5239 Posts |
@norantyki, yes that is likely the case. The average dealer does not have a lot looking. I think that I will ask my LCS tomorrow what he would pay for something like this-just for curiosity. He might have someone who is looking.
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New Member
Canada
9 Posts |
I was watching it on ebay and wondered for curiosity what a good deal on it would be. It sold for slightly over $2100 |
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Pillar of the Community
Canada
3733 Posts |
even at 2100$, there is still room for someone to make money on it..
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Replies: 16 / Views: 3,300 |
Posted 10/21/2020 6:32 pm
to CCF. All I could find 
