Premier Auction returns with paper money, specimens drawing early interest

A 1904 Bank of Montreal $20 specimen note, certified as Gem Uncirculated-65 EPQ (exceptional paper quality), opens with a $600 starting bid. The 117-year-old chartered note is expected to bring $1,700 as Lot 866 of the Sept. 10-11 Premier Auction.

This September, for the fourth time since the pandemic began in early 2020, Colonial Acres will hold its biannual Premier Auction virtually, with no in-person floor bidding. While the National Postage Stamp & Coin Show, where Colonial typically hosts its Premier Auction, will return to its usual in-person venue on Sept. 11-12, the two-session sale will be held online beginning on Sept. 10. It marks Colonial’s eighth Premier Auction since 2018 and comes as the Kitchener, Ont.-based firm celebrates its 30th anniversary. “We definitely had increased interest from consignors wanting to participate in this auction,” said co-owner and auctioneer Kirk Parsons, who added two “substantial collections” comprise most of the sale’s 1,325 lots. “With the pandemic and no shows, we were concerned we would be scrambling to find quality items to showcase in the auction, but fortunately, at nearly the last minute, we had some collections come forward that make for another great assortment of material.” Continue reading →

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