1917, 1870 face proofs among Canadian highlights in upcoming U.S. auction

All estimates in U.S. dollars

A 1917 Canadian Bank of Commerce $100 face proof is among the top highlights of an upcoming sale by New Jersey’s Archives International Auctions.

Offered as Lot 61 of the July 7-8 sale, the proof features the Alonzo Foringer design with nude men and women alongside allegorical figures (as a face proof, there is no back design, which is left blank).

It was printed by the Canadian Bank Note Company on India paper on cut-down thin card with a 1924 imprint on the bottom. Dated Jan. 2, 1917, the proof is graded Choice Uncirculated-63 by Paper Money Guaranty (PMG) and has a pre-sale estimate of $600-$1,000 with an opening bid of $450.

A face proof of Canada’s 1870-dated 25-cent note is expected to bring upwards of $5,000 as Lot 54.

‘POSSIBLY UNIQUE’ 1870 FACE PROOF

Another highlight is a “possibly unique” face proof of Canada’s 1870-dated 25-cent note.

Offered as Lot 54, the proof – dated March 1, 1870 – was printed the British American Bank Note Company in black without an underprint. An allegory of Brittania with a spear is featured at the centre.

Graded by PMG as Uncirculated-60, the note has a “stain and small piece missing on the lower left signature area,” according to auctioneers.

“This is the only example for this variety that has been graded by PMG and very possibly unique. It originally came from the engravers files.”

It has a pre-sale estimate of $2,500-$5,000 with an opening bid of $1,800.

Other highlights include Lot 55, an 1878 “Payable at Montreal” note in PMG Very Fine-25; Lot 75, a group of five 1973 “Scenes of Canada” notes with matching low serial numbers; and Lot 63, a 1935 Series English-language note also certified by PMG as Very Fine-25.

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