LOT Old Heritage Auctions  /  2007 Sept Long Beach, CA Sig Currency #448  / 

12408

DC-27 $5 1924

Currency:USD Category:Coins & Paper Money Start Price:9,000.00 USD Estimated At:7,000.00 - 9,000.00 USD
DC-27 $5 1924
<B>DC-27 $5 1924</B></I><BR> This issue, featuring a formal portrait of Queen Mary, 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 exhibits barely any traces of circulation at all. It is as nice or nicer than the specimen we sold as part of the Halton Lake collection last year which realized $7475. <B>PMG Choice Extremely Fine 45 EPQ.<BR></B></I><I>From The John Ameen Collection</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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