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 Replies: 9 / Views: 1,554 |
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New Member
Canada
33 Posts |
Hi there, this is my first foray into Canadian bank notes, and very happy to have found this forum and the wealth of information contained here! I have started with 3 nice and crispy notes...two are uncirculated I think with nice edges and no folds I could see, while one has a very slight center fold. I was very happy to have found a 1975 AJX on my first try at the bank! Cheers,     |
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Pillar of the Community
 Canada
5391 Posts |
With inflation running at 6 per cent plus .those are all spenders !
Put the money into an investment ( dividend stock ) that will make you
Money .
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Bedrock of the Community
United States
94367 Posts |
  to the CCF! |
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Pillar of the Community
 Canada
9862 Posts |
Pacificoin makes a valid point. Those notes appear to be in the EF range, none would grade Uncirculated. They are basically face value notes. Inflation will make them worth less, or less costly to replace over time. If you like them however, by all means keep them. Quote:
...those are all spenders... Good luck trying to spend pre-polymer hundreds, it's virtually impossible. Even difficult to exchange them at banks. If your branch doesn't have Counterfeit Detection, they will hold your money till the notes clear. Last year I brought eighty 1988 to the bank because they were unspendable, I had to wait two days for my polymers. "Dipping" is not considered cleaning...
-from PCGS website
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New Member
 Canada
33 Posts |
Thankyou all for the valuable feedback.
Off to the bank they go, except the AJX replacement bill which even VF should have a premium at least according to coinscanada.
Sincerely appreciated.
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Pillar of the Community
Canada
9862 Posts |
The AJX note with the premium is Lawson-Bouey, yours has the common Crow-Bouey signature.
"Dipping" is not considered cleaning...
-from PCGS website
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New Member
Canada
33 Posts |
Dang I still have so much to learn!
Thanks
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Pillar of the Community
Canada
9862 Posts |
A good place to start would be to purchase a used copy of Charlton's "Canadian Government Paper Money". As recent edition as you can find and afford.
"Dipping" is not considered cleaning...
-from PCGS website
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Valued Member
Canada
289 Posts |
Honestly if you like the notes then keep them. As long as you recognize that they have very little or no premium over their face value then it's completely up to you whether they are worth keeping. I have a pile of banknotes I picked up that have very little value over face that I kept just to have a good variety in my collection at one point. They may not be crazy exciting as some of the really old stuff can be but it's still cool to keep some in your collection to show people and to enjoy all on your own!
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Pillar of the Community
Canada
2571 Posts |
I like the AJX but I wouldn't park $100 on a used one. There's a chap, who goes by "Dean" on the CPMF collecting all the paper he can from various branches. He gets multiple circulated $50's, $100's and $1000 notes and posts pictures of them regularly. I don't know what his intentions are but I don't see any of them (but the odd lower tough denomination he sometimes catches) as collectible. I think that as time goes on he'll have a longer wait to convert them to polymers.
@DBM is correct, the best thing you could do is get your hands on a Charlton guide & go to a show. Meet other collectors to get an idea what we collect. Have fun!
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Replies: 9 / Views: 1,554 |
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Posted 01/18/2023 12:26 pm
