Volume 59 – #09

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Volume 59#09

August 3 – August 16, 2021

A 1911 $500 note (shown) and 1935 $500 note each set new world records this June, selling for $528,750 and $337,812.50, respectively (including buyer’s premium). Both realizations are the highest prices paid for their respective issues.

1911, 1935 $500 notes set new records in TCNC sale

Even exceeding auctioneers’ expectations, a pair of sought-after $500 banknotes set world records as they drew spirited bidding during this June’s Prominence Sale IV. A 1911 $500 bill (DC-19) crossed the block for $528,750 after 15 bidders put their hats in the ring to own what auctioneers described as the “holy grail” of Dominion of Canada banknotes. The same denomination from the Bank of Canada’s inaugural 1935 Series (BC-17) brought $337,812.50, with more than 20 bidders competing for that lot. Both sales set new world records as the June 26-29 auction, hosted by the Canadian Numismatic Company (TCNC), topped $2.5 million in total realizations. “I sincerely think this great sale we just had will help the Canadian numismatic industry and prove our market strong and healthy,” said auctioneer Marc Verret, the owner of the Québec-based auction house. “I am very proud of this sale and all the records set, but I’m also so happy for the Canadian coin market, for our industry. It is good for all of us.” Continue reading →

Features
New Calgary dealer loses $10K in overnight storefront theft
Page 1
Latest ‘R&D Lab’ coin leads July RCM catalogue
Page 1
Collector created fake toonie catalogue ‘because there were so many’
Page 6

Regulars
CCN Trends
Focus on Canadian five cents
Page 16
CCN Marketplace
Are you buying or selling?
Page 26
Show & Bourse
Check out the shows in your area
Page 29
Columns
Stanley Clute
Ancient Money
Meet a goddess deserving of your numismatic appreciation
Page 8
Tim Grawey
Colonial Tokens
Some Canadian token issuers favoured U.S. annexation
Page 10

Sean Sinclair
Commemorative Coins
Toonie marks a quarter century with several commemoratives a
Page 22
John Regitko
Errors & Varieties
Blakesley Effect impossible if struck-through, delaminatio
Page 24

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