Paper money from Canada is still issued by The Bank of Canada today. The auction value in today’s market might surprise you.Ĭanadian currency was first issued by The Bank of Canada starting in 1935. We are interested in taking a look at any and all Dominion of Canada currency you have. Some rare varieties can trade for multiples of the common variety. However, most dominion banknotes come in at least two different varieties. Quick Tips: There are only 24 different “collectible” design types. The same note in perfect condition could sell for $10,000 or more. A common dominion note in heavily circulated condition might be worth $300. However, the condition is extremely important. Everything else is relatively available (especially 1923 $1 notes). The two highest denominations are extremely scarce.

Twenty five cent, one, two, four, five, five hundred, and one thousand dollar denominations were issued. They were issued in limited quantities from 1870 to 1924. Is the note attractive? Chartered notes with sharp colors and interesting vignettes are always going to be popular with collectors.ĭominion of Canada Currency (1870 – 1924)ĭominion banknotes have the chance to be the most valuable of any Canadian currency. Notes with a serial number under 50,000 are probably at least somewhat rare. Higher denominations were usually printed in much smaller quantities and have a lower survival rate. Chartered notes issued after 1920 tend to be relatively common, but there are always exceptions to that rule. A lot of banks issued very beautiful and rare currency during this time period. These notes also tend to be rather bland and not especially popular with collectors. Currency issued prior to 1850 tends to be either remainders (which are worth $200 on average) or counterfeits. So how can you know if you have a chartered banknote? Each chartered note will have the name of its bank on the front of it.Ĭhartered Currency Values: It goes against logic, but generally speaking older isn’t better when it comes to chartered note.

Some of these bank notes can be worth thousands of dollars or more. Then the banknotes would be mailed to the commissioning bank which would then sign, issue, and circulate the money. A bank would contract out the printing duties to a large engraving and printing firm. Banknotes (1800s – 1940s)ĭozens of different banks in Canada issued their own paper money. If you would like to get our offer or auction estimate on your currency, then please send us an email with pictures of it. There are also several other smaller categories that are just as desirable. There are chartered bank notes, Dominion of Canada bank notes, and Bank of Canada bank notes. There are three basic major types of Canadian currency. Home » All Value Guides » Canadian Currency Value Guide Canadian Currency Value Guide

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