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    Rare Canada $10 Army Bill 1815

    Quebec, LC- $10/50s/10 Piastres Army Bill January 1815
    The army bills were issued for the purchase of supplies and the payment of troops during the War of 1812. These bearer instruments were legal tender and were issued from the Army Bill office in Quebec. Charlton lists four issues, two dated in 1813, one dated in 1814, and one dated in 1815. Each issue utilized a different format. Pages 4-7 discuss and list these in the 26th Charlton edition, but they are not given a catalogue number. All but one example is declared as "very rare" in Charlton and the lone piece without "very rare" is priced at $22,000 in VG. The PMG Choice Very Fine 35 note that we offer is from the last issue for this War of 1812 emergency emission. Virtually all were quickly redeemed in 1815 as they did not earn any interest after that year. Charlton mentions that an example of this note in VF sold for $23,000 in 2010. We have now offered only two examples of this class of note over the years and therefore feel confident that this piece will hammer in the range of...

    Auction Info

    Auction Dates
    Sep-Oct, 2013
    25th-1st Wednesday-Tuesday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 658

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