Description

    Excessively Rare $100 1935 French Text

    BC-16 $100 1935
    We first sold this note in April of 2008 as part of the celebrated Tom Flynn collection, where we described it "This French Text $100 is one of the great Canadian small size rarities, with an original printing of only 17,500 pieces. The Flynn collection example is a bright and well centered piece which displays only the lightest evidence of real circulation. The PMG holder notes 'Pinholes, Minor Rust.' We seldom chide grading services, especially PMG, which does a careful and conservative job of evaluating notes it grades, but these comments represent incredible nit-picking, as the 'pinholes' consist of perhaps three microscopic pinpricks that affect absolutely nothing and the 'minor rust' is so minor we have no earthly idea what PMG thinks it saw, as the 'rust' must have disappeared between the time the note was graded and the time this cataloguer described it...because it certainly isn't present now. PMG Very Fine 30." The marketplace must have agreed with our assessment as the note realized $7475 against a pre-sale estimate of $7500-9500. We see no reason whatever that, nearly two years later, that price will not be equaled or exceeded in today's offering.


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    Auction Info

    Auction Dates
    January, 2010
    6th-11th Wednesday-Monday
    Bids + Registered Phone Bidders: 2
    Lot Tracking Activity: N/A
    Page Views: 675

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