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    Description

    Scarce High Grade McCavour-Saunders Purple Seal Test Note

    DC-25k $1 1923 Experimental Issue
    This "purple seal" note was printed as an experimental issue on paper supplied by the Howard Smith Paper Company of Beauhomais, Quebec. The object of the test was to determine if the paper this company supplied was up to the standards of that furnished by the Canadian government's normal supplier, the Crane Paper Company of Dalton, Massachusetts. The government desired a Canadian paper source, but only if the quality was similar to or better than that of the American vendor. For test purposes, all of the notes on Smith paper were given purple seals, the only use of that color on Dominion notes. Most were printed with the Campbell-Sellar signatures, with only 128,000 issued with the McCavour-Saunders combination. These are scarce items in high grade, and especially so this nice. About Uncirculated.
    From The Halton Lake Collection


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    Auction Dates
    September, 2006
    14th-15th Thursday-Friday
    Bids + Registered Phone Bidders: 4
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