1954 Modified $1000 Canadian note - AU 58

Hi,

I was hoping someone would be able to help me with the value of a Canadian $1000 1954 modified note, graded AU 58. I assume it is worth a little more than face value, but am not sure.

Any help is appreciated.

Thanks.

 

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Value would depend on the signatures.

 

It looks like the surnames are Lawson and Bowey.

 

value is about $1,110-$1,200 but they are a very tough sell.

 

Thank you very much! Not looking to sell, I was just curious to see if it had any value above face. Otherwise it was off to the bank. Personally I would never have had something so common graded, but since I have it now I thought I would inquire about the value.

Thanks again.

 

A friend of mine (a coin dealer) picked up 16 or 18 of these a couple of years ago. He sold a few for a small profit but took the remaining 10 or so to the bank. It was a lot of money to have tied up.

 

I only have the one, which was given to me for face value by a friend. He had inherited the graded bill and was going to take it in to the bank. I don't have any $1000 bills (I collect coins, not notes) so I plan to hold on to it unless for some reason I ever need the money, in which case I'll likely just take it in to the bank.