Bank of Montreal $5, 1931 "C" Test Note

Currency:CAD Category:Coins & Paper Money Start Price:7,000.00 CAD Estimated At:12,500.00 - 15,000.00 CAD
Bank of Montreal $5, 1931  C  Test Note
8,750.00CAD+ (1,750.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Oct 02 @ 22:21UTC-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.

CH 505-58-02c. PMG EF45 EPQ. One of the great rarities of 20th century Canadian chartered bank notes, this is only the sixth known example of the series C test note issued by the Bank of Montreal. It is also the finest known example and highest graded by PMG, a bright, clean and original EF+. Series C test notes were the “control” test, printed on Crane’s paper from Massachusetts. 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: C1303698/A