News
Government shifts power from chartered banks
Believed to be a deceptive contemporary counterfeit, some of which remain collectible today, an early Montréal Bank $20 note realized $1,000 as Lot 3415 of the February 2015 Canadian Legacy Sale II by Moore Numismatic Auctions and Canadian Coin & Currency.
For their issuers, banknotes have always been a product of necessity. The card money used to pay soldiers in New France, the early notes issued by chartered banks to control the money supply, and even Canada’s modern notes – upgraded about every decade to combat counterfeiting – are examples of how banknotes serve society’s financial needs.... Continue reading →