Stack's Bowers & Ponterio
January 2020 NYINC Auction 17-18 Jan 2020
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CANADA. Dominion of Canada. 5 Dollars, 1924. DC-27. PMG Very Choice New 64.
A stunning note which is a piece likely missing from many collections. While the date shows 1924, it wasn't printed until 1931. Furthermore, the small quantity printed of 2,000,000 was not released until 1934 and roughly a third of that number actually entered circulation. Being released in 1934 made this a very short lived series as the 1935 Bank of Canada issues started to circulate with intentions of replacing the Dominion notes of old. Interestingly the engraved calendar date of May 26th coincides with Queen Mary's birthday. The note is one of the more pleasing we recall seeing with only a mere two known examples certified higher on the population report.
Estimate: $35000.00- $45000.00
A stunning note which is a piece likely missing from many collections. While the date shows 1924, it wasn't printed until 1931. Furthermore, the small quantity printed of 2,000,000 was not released until 1934 and roughly a third of that number actually entered circulation. Being released in 1934 made this a very short lived series as the 1935 Bank of Canada issues started to circulate with intentions of replacing the Dominion notes of old. Interestingly the engraved calendar date of May 26th coincides with Queen Mary's birthday. The note is one of the more pleasing we recall seeing with only a mere two known examples certified higher on the population report.
Estimate: $35000.00- $45000.00