A $1,000 “bank legal” specimen issued by the Dominion of Canada nearly a century ago is expected to bring upwards of $75,000 at this February’s Torex Auction. Used by the federal government to move large amounts of money between banks, the 1924-dated bank legal (DC-37S) is offered as Lot 170 of the four-session auction by The Canadian Numismatic Company (TCNC). “For most of the 19th century, Canadian banks physically moved high-denomination, publicly negotiable bearer notes to settle their debts with each other,” explains the Autumn 2016 Bank of Canada Review. Continue reading →
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Features
ONA President Scott Douglas named ‘Numismatic Ambassador’
Page 1
Edward VIII sovereign patterns now Britain’s most valuable coin
Page 6
Annual RCNA award nominations now open
Page 24
Regulars

Focus on RCM Collectibles
Page 18

Are you buying or selling?
Page 26

Check out the shows is your area
Page 29
Columns

Ancient Money
Encounters in Roman Gaul spur creation of Celtic coinage
Page 8

Errors & Varieties
Etsy riddled with high-priced phoney errors
Page 10

Colonial Tokens
Tall trees distinguish 1842 BMO halfpenny variety
Page 12
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