Bank of Canada acquires ‘amazing’ note from Ontario dealer

Gary Fedora, right, hands an 1813 $1 army bill to Paul Berry, chief curator of the Bank of Canada’s National Currency Collection. Photo courtesy Henry Nienhuis.

The Bank of Canada has bolstered its collection once again with the addition of an ultra-rare military banknote – the only of its kind known to exist – that tells the history of paper money and banking in Canada. Sold by Georgetown, Ont. numismatic dealer Gary Fedora, the $1 banknote was originally issued in 1813 by the Army Bill Office in Quebec City. Now, it sits with hundreds of thousands of other currency-related artifacts from around the world at the Bank of Canada’s Currency Museum. The museum serves as the public face of its National Currency Collection, which is curated by Paul Berry. “It’s the only one,” said Fedora, who added the bill was “well used” with fold marks showing how it was once held in a pocket or a purse. Continue reading →

Third-party grade not the end of the story

I’d like to talk about the lost art of grading coins. Way back in the dark ages of 1990, third-party grading was not all that well accepted. The term slab, used for a coin holder, had a negative connotation. Many collectors still wanted to be able to hold their coins, and they also liked to form their own opinions of a coin’s grade. Continue reading →

Online bidding no substitute for floor experience, auctioneers say

Attendance at auctions has definitely been impacted by the growing trend to bid online.

But Internet has its advantages in a large country like Canada The auction scene has had a change of face in recent years, with many auction houses using new technology to modernize their bidding systems and bring the bidding floor directly to their customers, wherever they may be. While many of Canada’s most prominent auction houses offer a variety of ways to enter bids – whether by phone, mail, fax, online or in person – most of the action has moved online, said Marc Verret, owner and auctioneer with the Canadian Numismatic Company, in Quebec. Continue reading →

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