A True Shoe Box Discovery From Around 1954

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Author	Replies: 10 / Views: 880
chadcoins Pillar of the Community Canada 1159 Posts	Posted 12/12/2024 3:43 pm When I inspected this shoe box for a friend, I new it had some thing special in it. Its a dream when your presented a shoe box that the contents are wrapped with the shoes tissue paper. I couldn't get over how well these bills were preserved in those conditions. Other then that 1 1954 devels face $1,00 bill I-A with some folds the rest of them are in MS condition. Enjoy the story and pics. Report this Post to the Staff

jbuck Moderator United States 187582 Posts	Posted 12/12/2024 4:10 pm Fantastic! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 12/12/2024 4:19 pm Great story, thanks for sharing! Report this Post to the Staff
mcshilling Pillar of the Community Canada 9150 Posts	Posted 12/12/2024 5:14 pm Looking nice, congrats Report this Post to the Staff
johnnysprawl Pillar of the Community Canada 1618 Posts	Posted 12/12/2024 5:25 pm If only that first $20 bill was numbered 43 earlier! Edited by johnnysprawl 12/12/2024 5:25 pm Report this Post to the Staff
chadcoins Pillar of the Community Canada 1159 Posts	Posted 12/12/2024 5:32 pm yes a close descend serial number, I did catch that on my first inspection of them. Report this Post to the Staff
Enyaw Valued Member Canada 458 Posts	Posted 12/12/2024 5:41 pm Awesome Congratulations!! Report this Post to the Staff
chadcoins Pillar of the Community Canada 1159 Posts	Posted 12/12/2024 5:59 pm I would like to buy a 2 and a 1 on the wheel of fortune Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 12/12/2024 9:50 pm Unfortunately, inflation has eroded the real value of the $20 Note since 1937. In 1937 terms, the $20 Note now has a value of only 66 Canadian Cents, at an average inflation rate of 4%, over 87 years. From a notaphilic point of view, I would rather have the 'devils face' $1 Note. Nevertheless, both Notes are well worth keeping. Report this Post to the Staff
walk2dwater Pillar of the Community Canada 2571 Posts	Posted 12/13/2024 7:15 pm The interesting thing about this shoebox is that it could really illustrate how demand plays more of a crucial part in a banknote's book (& market) value. Only the 1937 Gordon-Towers $20 is similar in BV to the DF (Devil's Face) 1954 $20.00 at around $500 - $525 in UNC. But the 1954 Coyne-Towers Devil's Face $10.00 is $400 in UNC while the 1937 $10 is $200; the DF $5.00 is $525 while the 1937 version is $350.00; the DF $2.00 is $500 & its 1937 counterpart is $275 & the 1954 $1.00 DF is $200 while its 1937 counterpart is $125.00 So the later Devil Face notes clearly beat out the earlier 1937 series (especially the last common signature combo - Coyne Towers from the 1937 series- which is quite common). So the "bottom line" is you cannot assume just because the series is older, it will be worth more then later series. That's just not the case on so many occasions. Check it out & be sure you know what's the tough series (or signature variation) if you wish to pursue this hobby! There's so many more assumptions (myths like this) I see collectors fall victim to (which I love to debunk!) https://www.youtube.com/watch?v=OUc8Kx5wCI4 http://www.youtube.com/watch?v=2LeYOYtSAoc http://www.youtube.com/watch?v=Mq1DlqkPHhE http://www.youtube.com/watch?v=1PsCjxldIao Edited by walk2dwater 12/13/2024 7:18 pm Report this Post to the Staff
chadcoins Pillar of the Community Canada 1159 Posts	Posted 12/13/2024 7:49 pm Yes you are so correct on this shoe box value estimate. I always tell people is if its old doesn't mean its valuable. The 1954 F-A bill might make a MS67 with my inspection. All all these bills are going to get certified in the near future. I will post the results. Report this Post to the Staff
	Replies: 10 / Views: 880

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