756

Royal Canadian Bank $1 1865

Currency:CAD Category:Coins & Paper Money / World Coins - Canada Start Price:7,500.00 CAD Estimated At:15,000.00 - 20,000.00 CAD
Royal Canadian Bank $1 1865
SOLD
17,000.00CAD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2014 May 29 @ 22:36UTC-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.
Royal Canadian Bank $1 1865 - Continental Bank Note Co. printing, Payable at Montreal, 2734/A, Charlton #635-12-04-01.
The discovery note and only known $1 of this type, we offer this lovely F-VF note with a few insignificant staple holes. (The only other Payable Montreal issued note is a punch cancelled $5 in the Bank of Canada collection.)
The Duke of Wellington vignette is at the left, the Royal Canadian Bank seal is superimposed on the Royal Crest at centre, and a blacksmith stands at his forge at the right. The note bears the engraved T. Woodside signature at left, and the bold manuscript signature M. H. Gault (per) at the right. Gault was manager of the Montreal branch from 1866 to 1870, and later became the President of the ill-fated Exchange Bank of Canada. This splendid rarity was discovered in a purse in a secret compartment of an antique desk in England, and first reported in April 2013.
All notes of the Royal Canadian Bank are rare, and none are rarer than this.