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Questions
and Answers
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There was a special issue of centennial 1967 $1 notes. Instead
of the regular serial numbers for example M/P1234567 there are two
dates 1867-1967 which are very common. Many of these notes
were issued (12,000,000) and many were kept. For this reason,
they only have a value of around $5 in uncirculated condition.
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For years numerous rumors have been circulating for years that the American flag
is on Canadian notes. Many notes show a flag, which is
actually the Red Ensign (shown at right) which has the Union Jack in
the upper corner. This was Canada's flag until 1965 when the
red and white maple leaf flag replaced it. You can see that
this flag flying over the Parliament Buildings, in miniature can
look like an American flag.
Canada has never printed an American flag on banknote.
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A
star or asterisk in front of a serial number means it is a
replacement note. All of these notes are in very high demand
so some issued in very low amounts can be very valuable, while
others where issued in quite high numbers and be worth less.
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If
there are three letters (prefix) in front of the serial numbers and
one of them are an "x", that note is either a replacement note or a
test note. Examples could be on a 1973 $1 note there could be
a prefix of EXA or AXA, these are called test notes. Another
example could be on again, a 1973 $1 note there could be a prefix of
AAX or EAX, these are called replacement notes.
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What does a devils face note
mean?
A
devils face note is from the first issue of the 1954 series.
When the engraving was complete and the notes started to be
produced, many noticed the there seemed to be an image of the devil
in the Queens hair, directly behind her ear. If you look
closely at a devils face note, look for a nose and when you find it,
you will see the eye and mouth.
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Paper
money collecting is becoming even more popular as time goes buy.
For tougher notes, the price indicated in the price guides are
generally shortly out of date. The best way to determine the
value, it is a must to get a current copy of
Charlton Standard Catalogue of Canadian Government Paper Money.
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How can I tell the grade
of my note?
There
are a few grading standards out there but the main one which nearly
all collectors use is the one adopted by the Canadian Paper Money
Society. You can find the grades
here. Read the descriptions of the grades
and compare them to your note(s).
Certified graded notes must be bought with caution for if the
potential buyer for your note grades using the Canadian Paper Money
Society standards, he/she will most likely take the certified note
out of the holder and then grade it.
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Are any of these
notes in this site for sale?
None
of these notes are for sale. They are either notes from my
personal collection or from fellow collectors.
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