1954 issue $1000 notes

General discussions on the canadian bank notes.
Willow
Posts: 1
Joined: Sun Jan 03, 2010 2:44 pm

1954 issue $1000 notes

Postby Willow » Sun Jan 03, 2010 3:00 pm

Hi there,

Just wondering where the best place to sell old Canadian currency is. I would rather sell to a collector who would appreciate them, rather than just turn the bills into a bank as I have heard banks are required to destroy old bills that have long been removed from circulation. Not sure if this is true, though, but would hate for them to cease to exist.

Any suggestions would be appreciated!

Thanks!

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Lightw4re
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Re: 1954 issue $1000 notes

Postby Lightw4re » Mon Jan 04, 2010 7:40 pm

For Bank Notes like this one, eBay could be the best solution.

momomomo
Posts: 39
Joined: Sun Dec 20, 2009 4:59 pm

Re: 1954 issue $1000 notes

Postby momomomo » Tue Jan 05, 2010 3:23 pm

Willow wrote:I have heard banks are required to destroy old bills that have long been removed from circulation.


That's true.

papermoneyguy
Posts: 19
Joined: Mon Oct 29, 2012 1:39 pm

Re: 1954 issue $1000 notes

Postby papermoneyguy » Mon Oct 29, 2012 6:29 pm

Lightw4re wrote:For Bank Notes like this one, eBay could be the best solution.

I don't see these worth selling on ebay since the cost of listing/selling/paypal/postage etc are unlikely to justify the money you sell it for and in most case you will probably lose money


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