Rare, low serial 1935 banknotes expected to draw lots of interest

This French $25 banknote is part of a collection that has been owned by a collector for 67 years.

A “monumental” collection of low serial number banknotes – each with the same “000005” ending – will be offered this spring as part of an estate sale by New Brunswick’s Geoffrey Bell Auctions. The collection of eight 1935 Series banknotes was displayed by Brian Bell, of Geoffrey Bell Auctions, at the Torex Coin Show held in downtown Toronto Nov. 18-19. “This collection will surpass $1 million,” said Bell, who’s also the owner of The Coin Cabinet in Moncton, N.B. “It’s a nice, old-time, fresh collection, but they all have the same serial number, and that’s the important part.” Bell said the collection – referred to as The Covered Bridge Collection because the estate wishes to remain anonymous – includes eight notes, six of which are French (with denominations of $2, $5, $10, $20, $25 and $50) and two of which are English (with denominations of $10 and $20). He began appraising the collection in early November; however, it will be a few weeks before all the estimates are determined. Continue reading →

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