12911

DC-8b $1 1878

Currency:USD Category:Coins & Paper Money Start Price:700.00 USD Estimated At:1,400.00 - 1,800.00 USD
DC-8b $1 1878
<B>DC-8b $1 1878</B></I><BR> Charlton indicates that a plausible reason for preparing a new issue of $1 and $2 notes so soon after the introduction of the Dominion notes was the counterfeiting of the Toronto $1 notes as the catalogue notes, "If the purpose of the 1878 issue was to improve security, it failed badly. The ones were raised to resemble $4 notes and the $2 notes were extensively counterfeited." This note, payable at Toronto, comes from the first issue with the scalloped borders. PMG <B>Fine 12.</B></I><BR><I>From The Thomas M. Flynn 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>)