Colorful 1924 $5 Queen Mary NoteDC-27 $5 1924
This issue, featuring a formal portrait of Queen Mary, offers an interesting history. Although the plates were prepared in 1924, and the note is dated May 26th in honor of the Queen's birthday, there was so little need for Dominion $5 bills that printing for this issue did not commence until 1931. When finally printed, they were stored until 1934, when they finally entered circulation, just in time to be replaced by the 1935 Bank of Canada issue, which marked the withdrawal of the Dominion notes. The new Charlton catalog estimates that only about one-third of the very small printing of 2,000,000 pieces was ever put into circulation. This moderately circulated example has retained its lovely blue color and shows even wear, its only flaw being some minor paper clip rust on the back. PMG Very Fine 20 Net.
From The Kosowan Black Gold Collection
Estimate: $7,500 - $10,000.
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