The Canadian Numismatic Company
2024 RCNA Sale  12-15 Jul 2024
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Lot 55

Starting price: 70 000 CAD
Lot unsold
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This is an "UNPARALLELED OPPORTUNITY" to own one of the finest ever assembled set of 1923 $1 banknotes. The uniqueness of this offering can't be over-looked on multiple fronts: A 18-note set that opens at a price point well below a 1935 $500 in VG condition. Not to mention that the populations of some condition rarities in this set, are far more difficult to acquire than the 1935 $1000 even in Superb Gem Mint State-65. While the set has a technical trends valuation of approximately 100k, we all appreciate that with population number 1's to top 10's, premium over trends is expected. With the above clearly illustrating their excellent value, High quality Dominion of Canada banknotes in general and relative to their populations, remain incredibly undervalued. A potential buyer is well positioned to purchase now and retain ownership of a historical set that deserves greater catalog valuations in the rarer grade points.
The notes !
Our highlights must start with the DC-25k "Purple Seal". Choice Uncirculated-64. A near Gem example. Among the Best of The Best, this is a pristine issue with nice eye appeal, good margins and superb embossing. A splendid note! This example has realized $9520, well over estimate in one of our previous auction sale. Regardless, it was put away, beautifully preserved and over 100 years finds itself to be one of the finest known.
The DC-25L- sister note, the "Purple seal" Campbell-Clark signatures, Choice Extra Fine-45, also among the solo finest and known by ardent followers of the series to be impossible to acquire in AU or + condition.
The DC-25iT – The ultra rare "Test Note" Very Fine-20, among the finest known examples.
The DC-25m – McCavours-Saunders in Choice About Uncirculated-58, among the finest known examples.
The DC-25o – with Prefix "F" in Choice Uncirculated-63. Excessively scarce and among the finest known examples.
The DC-25a – Very Fine-30 Hyndman-Saunders signatures.
And all other different seals in Choice Uncirculated-64 to Gem Uncirculated-67. We are an auction house. We buy and sell banknotes and enjoy the time they are in our hands before being passed along. We feel obligated to offer this set to our loyal collector base, however the temptation to buy this ourselves, not to public auction - and put this away is intense. It's completeness, rarity across the board, the eye appeal and of course, the history ( provided to a new owner ) is special. We see great value. It won't be broken up. It might realize more being sold separately, but it is simply too historically important. This set could sell at the opening; however, it could also sell at twice that. It could fit into a Provincial museum or a personal collection or even, a speculators investment holdings. We can imagine it donated to a museum as well. But aside from what we can imagine what we HOPE is, it finds a home with a collector. To enjoy generation to generation and when it is ready to be traded again in fifty years, that collector discusses it with our family - who may not let the chance to own it pass by again.

From "The Wildlife Museum collection"

Estimate: 100000 - AND UP CAD
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