Auction review: French 1935 Series $25 note brings $22K

A French $25 banknote (BC-12) issued by the Bank of Canada as part of its 1935 Series of banknotes realized $22,800 USD (more than $29,650 Cdn.) as part of Heritage Auctions’ Central States Numismatic Society World Currency Signature Auction this April.

This note, which features vignettes of King George V and Queen Mary in their coronation robes, was graded Choice About New-58 PPQ (premium paper quality) by Professional Coin Grading Service and has a serial number reading “F000008.”

The auction catalogue explains: “Traits observed are premium paper quality, close to perfect centering, dark inks, and sound paper. With most of the low numbers held by the Bank of Canada’s Currency Museum, this offering presents a great opportunity.”

The 1935 Series included eight denominations, each of which was printed in both English and French. It is the only banknote series issued by the Bank of Canada to feature dual unilingual banknotes.

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