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Canadian Government Paper Money, 28th Edition

Regular price $29.95

The market in Canadian government issued paper money mirrors the Canadian economy, with a slow recovery in some sectors and stagnation in others. Among Bank of Canada note issues, there is no dominant trend among the notes of the 1935 issue. Aside from a little fine tuning in either direction, there is again a sharp increase among some of the higher denominations in gem uncirculated condition. It may be that circulated 1935 notes are now so costly that some newer collectors are discouraged from acquiring them. The more common 1937 notes are moving cautiously forward. Regular issue 1954 notes are increasing in value in a number of instances, while some of the asterisk replacement notes have fallen further. In the case of the *N/Y $1 notes, for instance, what was formerly thought to be a very scarce note is now somewhat more available on the bourse floor, a once hidden quantity evidently having made its way onto the market. It is a little perplexing that there is no upward pressure recorded yet on the 1954 Devil's Face $2 and $10 Coyne-Towers replacement notes, given their low known populations. Later issues are behaving much the same as the 1954s, with gains for some regular issues and losses for some replacement and test notes. In the insert note niche market, there are both gains and losses, with many in a holding pattern. Dominion notes have been firming up slightly in recent auctions. Montreal and Toronto issue 1878 scalloped border $1s have barely moved but may be poised for a breakout, particularly should any nice original, problem free examples be offered, as they have been long undervalued in relation to their very low populations. Meanwhile, increases and decreases in catalogue valuations for Dominion notes are roughly balanced. Front of the book material shows the most consistent forward momentum W K Cross. ISBN: 0889683727. Pub Date: 8/31/2015. Edition: 28th. Binding: Spiral. Size: 7x9. Pages: 448. Case: 13 .