Nice notes @techwriter & @scottishmoney Just the $1, $2, $500 & $1000 were demonetized. Here's a bit from the BoC site on Legal Tender
Thanks for that clarification! It made no sense to me that currency was "demonetized" when it was still being accepted by the Bank of Canada.
Just to be clear: all the policy means is that no retailer (nor business) must accept the 4 denominations (but banks will). Few people try to pass on the $1 or $2 (as tips) and nobody will try to use the $1000 (which haven't been issued in 40 years). So the policy was aimed to encourage hoarders to remit the older $1/$2/$1000 notes. They currently come into banks (which exchange them at FV) & one enterprising collector has been getting lucky tapping into that cull. It would pretty crazy to deposit a $500 (worth $3000-$80,000 in VG as less than 40,000 were printed) so it's mostly $1000 (& the lower denoms) that get deposited at banks.
You know, this note just has it all!! A train, manufacturing, steamships, multiple languages with multiple denominations.
Wow! I've never seen a 3 denomination (50 Sous, 25 cents, 15 Pence) note before! The only thing I can remotely compare it to is this uniface colonial PS-1959 $2 (2 Piastres) from the St. Lawrence Bank & Lumber Co. (1837). It is doubtful that it is related since the $2.00 was printed by Underwood, Bald, Spencer & Hufty (a different co. than your 50 Sous). Here's some background info on the Champlain & St. Lawrence Rail Road one of the 1st rail roads in Canada.
Very rare & impressive colonial banknotes in amazing grades @techwriter. Never collected colonial, DoC, or Chartered. Simply focussed on BoC & this is about as good as it gets:
@Notaphylic_C I'd sure like to own the French version of that particular note. There is no other person in all of history who has been on money for 86 years of their lifetime. I own several Dominion and BoC notes, but my faves are the Charter Notes that were issued until 1943.
"I own several Dominion and BoC notes, but my faves are the Charter Notes that were issued until 1943." @scottishmoney I've seen your Lady Patricia & I think some of your "faves" & believe you have more (from the depth of what you've posted). Below are a couple of "toughies" though from much larger runs. The "Shirley Temple" $20 BC-9b (above) only had a paltry 800,000 run (2nd small seal). The "large seal" BC-9a (I own but have not posted) is actually scarcer (200,000 run) than the French version (BC-10 at 202,500) but demand for the "F" (French) version remains higher (as does BV). Of course the run size doesn't tell the whole story (whereas registries give a better picture). The 'Un Dollar' BC-2 had a 15M run but I guess as the workhorse (plus a bad habit of pressing notes back in the day when folks started tucking these away), they're pretty scarce with the "Q" or in "Original." The above French $5 'Cinq Dollars' (BC-6) had a 3M run & is pretty popular due to its BOE unfamiliar colour scheme (orange) along with the portrait of the Prince of Wales who abdicated.
When it comes to Bank of Canada 1937 series, most collectors go for this one: BC-24a (P-61) with the Osborne Towers signature combo. 6,400,000 of these were released before the Gordon Towers signature began. But as the first signature, it has a high world demand (even though its nearly 13 times more common than the Z/D). When it's actually this one, BC-24b Z/D last prefix (500,000) which is the truly scarce one & seldom seen in most collections. (9.5M of these Z/D have the 3rd Coyne Towers signatures). Few collectors caught the Gordon Towers & yet its about 60% the BV of the Osborne note:
I put the specimen stamp on the images because BoC doesn't particularly care for people posting images of their notes if they think they will be reproduced. They really did have some attractive and modern designs with the 1935/1937 series.
Have not seen a remainder from the Colonial Bank of Canada before. Very nice. Thanks for sharing @techwriter .