Heritage World Coin Auctions
Paper Money Signature Sale 4042 23 Mar 2023
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Canada Dominion of Canada $5 26.5.1924 DC-27 PMG Very Fine 25. Featuring a formal portrait of Queen Mary, this issue offers an interesting history. Although the plates were prepared in 1924 and the note is dated May 26th in honor of the Queen's birthday, there was so little need for Dominion $5 bills that printing for this issue did not commence until 1931. When finally printed, they were stored until 1934 when they finally entered circulation, just in time to be replaced by the 1935 Bank of Canada issue which marked the withdrawal of the Dominion notes. The new Charlton catalogue estimates that only about one-third of the very small printing of 2,000,000 pieces were ever put into circulation. This example has retained its lovely blue color, and the slight circulation does not seem to detract much form the overall presentation. HID08706262019 © 2022 Heritage Auctions | All Rights Reserved https://currency.ha.com/itm/world-currency/canada-dominion-of-canada-5-2651924-dc-27-pmg-very-fine-25/a/4042-24134.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4042-03232023 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 2400-3600 USD
Canada Dominion of Canada $5 26.5.1924 DC-27 PMG Very Fine 25. Featuring a formal portrait of Queen Mary, this issue offers an interesting history. Although the plates were prepared in 1924 and the note is dated May 26th in honor of the Queen's birthday, there was so little need for Dominion $5 bills that printing for this issue did not commence until 1931. When finally printed, they were stored until 1934 when they finally entered circulation, just in time to be replaced by the 1935 Bank of Canada issue which marked the withdrawal of the Dominion notes. The new Charlton catalogue estimates that only about one-third of the very small printing of 2,000,000 pieces were ever put into circulation. This example has retained its lovely blue color, and the slight circulation does not seem to detract much form the overall presentation. HID08706262019 © 2022 Heritage Auctions | All Rights Reserved https://currency.ha.com/itm/world-currency/canada-dominion-of-canada-5-2651924-dc-27-pmg-very-fine-25/a/4042-24134.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4042-03232023 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 2400-3600 USD