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Stack's Bowers & Ponterio
August 2021 ANA Auction  16-21 Aug 2021
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Lot 30111

Starting price: 540 USD
Price realized: 700 USD
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CANADA-NEWFOUNDLAND. Government of Newfoundland. 1 Dollar, 1920. P-12d. PMG Extremely Fine 40.
The Newfoundland Treasury Notes of 1920 were issued to deal with a shortage of silver coin (precipitated, as with Charlton notes, by the withdrawal of the cash notes) at a time when the price of silver was very high on world markets. By 1939, about 99% of the total amount of these notes printed had been redeemed and destroyed. On this example PMG mentions Previously Mounted, Annotations.

Estimate: $900 - $1500
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