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Rare Niagara District Bank Five Dollar, 1872 - Possibly Unique in Private Hands

Currency:CAD Category:Coins & Paper Money / World Coins - Canada Start Price:10,000.00 CAD Estimated At:20,000.00 - 25,000.00 CAD
Rare Niagara District Bank Five Dollar, 1872 - Possibly Unique in Private Hands
SOLD
17,500.00CAD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2015 Oct 02 @ 19:42UTC-4 : AST/EDT
The Cataloguers have taken every reasonable measure to ensure that all the lots are as described by Geoffrey Bell Auctions. Many of the lots are third party graded by PCGS, PMG, ICCS - We feel these are the most recognized grading companies in the industry.
Rare Niagara District Bank $5, 1872 - Possibly Unique in Private Hands - Niagara District Bank, Five Dollars, 1st July, 1872, CH 530-14-02, S/N: 5775/A, Arnold-Benson signatures, graded by PMG VF-25, Net, with comments, “Perforation Cancelled, Annotation, Corner Tip Missing”. The note has been punch cancelled “Paid”, with the annotation on back, “This note was cancelled when destroying bills July 8th (?), 1886”. The top right corner tip has a small piece missing. It does face up quite nicely, with remaining bold colour.
There are three notes of this issue listed in the CPMS census. One is listed as residing in the National Currency Collection. Another, if still extant, is probably in the Bank of Commerce archives. This note is quite likely the only example in private hands and the only note listed with this signature combination.