List of some intriguing and valuable error Canadian notes
By thecanadiannumismatist | Thursday, July 7, 2022
Like regular banknotes, error notes value depends on several factors such as rarity, quality and wear, mintage and supply and demand. But the shape, size, rarity and other aspect of the error affect it. Furthermore, error banknotes are often unique, making it very subjective to assign a precise value on a general type of error. The following examples can be used to determine the value of an attractive error on a banknote.
5 dollars 1972 - *SB4735499
Sold for $21,240 in October 2018.
This note is the highest replacement *SB serial number known. Only 3 above 4,000,000 were discovered. In addition to that, that BCS AU-55 banknote was miscut. The auctioneer described this note as:
The very process of printing a third error makes this virtually impossible, since the high ranges replacement notes which end in 000,499, 500, 999 are replacing defective /error notes and are specially hand cut. We are very confident in saying that this note is possibly the only known example.
20 dollars 1969 - *EH2613122
Sold for $15,470 in June 2021.
Certified LCG GUNC-65, this replacement note is a folding and cutting error.
During the manufacturing process, an extra piece of an adjoining note on the sheet is attached to the a note being cut. When the attached parts are in a corner, the error is commonly called Butterfly like on the 10 dollars 1989 PMG AU-53 Thiessen Crow AEA2497912. It sold for $3,115 in 2013.
Some fake folding and cutting errors exist. They can been made by cutting notes from a complete sheet that can be bought on the market.
50 dollars 2012 - GHE6101625
Sold for $6,572 in April 2022.
Certified BCS VF-35 this banknote is designated as incomplete printing by the certification company. BCS is owned by Steven Bell (President) who is also the editor of the Charlton Standard catalogue of Canadian Government Paper Money where this banknote is featured.
This example is the featured note on Page #399 of the Charlton Standard Catalogue of Canadian Paper Money, 33rd Ed. An intriguing high denomination error note. We figure between 2-4 issues of this error exist at present.
20 dollars 1991 - ASR4433283/ASR4433373
Sold for $5,975 in April 2022.
When a mismatched serial numbers note has more than 1 different digit, it increases the value like on this certified LCG GUNC-67 note.
5 dollars 2002 - AOB7350221
Sold for $5,900.
Inverted face printing on this certified PCGS GUNC-66 note.
10 dollars 2008 - BTZ2980467
Sold for $5,900.
Inverted overprint on back on this certified PCGS EF-40 note.
5 dollars 1986 - GPN6336034
Sold for $4,780 in April 2022.
An incomplete printing (missing face print) is sometimes caused by a lack of ink or incorrect ink adjustments. When the portrait is missing on a banknote, it is called Ghost or Ghosting. This example is graded GUNC-65 by LCG.
Some fake errors exist since it is possible to remove the ink from certain banknotes with chemicals.
5 dollars 2013 - HCB9634131
Sold for $3,286 in April 2022.
Certified PCGS GUNC-66, this banknote, even not noted on the holder, is missing the hologram.
Missing, misplaced or erroneous security element can be faked since it is possible to remove the security elements from certain series with chemicals.
25 cents 1870
Sold for ~$3,000 in August 2014.
Inverted back design and miscut.
5 dollars 1937 - OC7431009
Sold for $2,987 in January 2022.
Partial digit serial number missing.
Other intersting notes
10 dollars 2011 to 2016
An interesting error/variety on some of these notes where you can see a mark called UFO above mountain top.
This notes are worth around $500 in pristine condition.
10 dollars 2001 and 2002
Another interesting error/variety: a missing circle on the far left of the front on FEE prefix notes.
This notes are worth around $200 in pristine condition.
Pictures by Heritage Auctions and The Canadian Numismatic Company.
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