Bank of Montreal $5, 1931 - S Test Note

Currency:CAD Category:Coins & Paper Money Start Price:2,000.00 CAD Estimated At:3,500.00 - 4,000.00 CAD
Bank of Montreal $5, 1931 - S Test Note
2,600.00CAD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2018 May 04 @ 21:53UTC-4 : AST/EDT

Buyer’s Premiums will be added on all items as per the Terms & Conditions of the sale. Invoices will be emailed out after The Toronto Coin Expo.
1931 Bank of Montreal $5 "S" Test Note - CH 505-58-02b. One of the great rarities of 20th century Canadian chartered bank notes, this is only the twelfth known example of the series S test note issued by the Bank of Montreal. It is also one of the finest known example, a bright, clean and original VF+, with just a small stain. Series S test notes were the test, printed on experimental paper (Howard Smith paper). General Manager W. A. Bog is portrayed at the left and President Sir Charles Gordon at the right, with the arms of the bank in a large green V in the centre, and an old engraving of the Head Office building, unchanged from its introduction in 1904, is seen on the back. Rare Test Issue with S/N:S1331786/C.