991

Army Bill

Currency:CAD Category:Coins & Paper Money / World Coins - Canada Start Price:4,000.00 CAD Estimated At:8,000.00 - 12,000.00 CAD
Army Bill
SOLD
4,250.00CAD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2010 Jul 15 @ 19:20UTC-3 : ADT
Lot pick-up: July 16th & 17th on the RCNA bourse floor from 10am-4pm. All lots not picked up after the show will be shipped at the bidders expense.

Catalogue Values & References: All values are listed in Canadian Funds.
There were several issues of Army Bills, most issued from Quebec. They were used from 1813 to 1815 for purchasing supplies and paying troops stationed there. Earlier Bills of Exchange were being discounted at rather exhorbitant rates so authorities responded with the issuence of legal tender notes. This specimen is one of the Third Issue of 1814. It has the upper left and lower left corners missing but otherwise a clean note appealing to the eye. A historical rarity not to be missed,*