692

1876 Consolidated Bank of Canada $4

Currency:CAD Category:Coins & Paper Money / World Coins - Canada Start Price:1,600.00 CAD Estimated At:2,500.00 - 3,000.00 CAD
1876 Consolidated Bank of Canada $4
SOLD
2,000.00CADto floor+ buyer's premium
This item SOLD at 2014 May 29 @ 22:15UTC-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.
1876 Consolidated Bank of Canada $4 - CH 205-10-02a, PMG Very Good 6, brown staining, St. Catharines "C" Overprint, ONLY ONE KNOWN, Overprinted C C in dark blue, the only known example of this overprint on any Consolidated Bank note. The bank was formed by the amalgamation of the City Bank (Montreal) and the Royal Canadian Bank in 1876. It could not weather the depression then under way, and failed in 1879. The notes were redeemed until 7 May 1890, (except for the $10 notes which the bank never issued because of the theft of 4,000 new notes). The scarcity of $4 and $5 notes of this bank is now beginning to be appreciated by collectors. S/N:30990/B.