Wednesday, August 28, 2013
Fake Canada $1 Dollar 1973 Mismatched Error Notes
Recently sold on Ebay for $105.10 + $12 shipping was a set of 9 Bank of Canada Multicolour 1973 series 1 dollar mismatched error notes.
The seller had them listed as:
TOP CONDITION UNC MISS CUT MISS MATCHED ONE DOLLAR BANK OF CANADA NOTES.MOST LIKELY OF A SHEET OF FORTY.ALL 9 ARE IDENTICAL MISSMATCHED TYPES AND ARE ORIGINAL BANK OF CANADA NOTES.
These notes are mismatched because they were cut from a uncut bank note sheet 40 x $1 which were sold by the Bank of Canada on December 12th 1988 to collectors. The left side of belonging to one note from the sheet and the right side belonging to a different note on the same sheet.
The value of these notes to any collector of Canadian Paper money would not be more than face value of $9.
Collectors should be aware that $1 banknotes from 1973 with any errors are fake.
Fake error notes from these sheets have appeared as cutting or fold over errors. Since these sheet were sold as collector sheets they were check by the Bank of Canada and it is highly unlikely that any ink errors were sold.
A total of 114,516 sheets were sold between December 1988 and June 1989.
BABN sheets were sold in a 5 x 8 format. 88,009 BABN sheets were sold. CBN sheets were sold in a 4 x 10 format. 26,507 CBN sheets were sold. These include replacement banknote sheets of BAX, and EAX.
The prefixes of the sheets sold were as follows: BFD, BFK, BFL, BAX, ECP, ECR, ECV, ECW, EAX. The 2011 collector prices for these sheets in AU condition are between $150 to $450. The replacement note sheets range in collector price from $375 to $800.
The notes that were cut and sold on Ebay came from a BFK sheet.
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