1937 CAD Bank Notes for Sale

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Sylvie
Posts: 2
Joined: Wed Dec 30, 2020 10:11 pm

1937 CAD Bank Notes for Sale

Post by Sylvie » Thu Dec 31, 2020 10:20 am

Hi Forum,

I have a $5, $10, $20 and $100 1937 Bank notes. Attached are photos of the notes. With the CAD banks no longer taking any paper notes after today, I will be cashing them in notes are not worth more than face value. Can someone advise if any value above face value for these?
1937 CAD Note Front Bills.jpg
1937 CAD Note Front Bills.jpg (1.4 MiB) Viewed 1049 times
1937 CAD Note Back Bills.jpg
1937 CAD Note Back Bills.jpg (1.66 MiB) Viewed 1049 times

GBELEC
Posts: 160
Joined: Tue Jun 25, 2019 8:01 pm

Re: 1937 CAD Bank Notes for Sale

Post by GBELEC » Thu Dec 31, 2020 11:21 am

Not sure what you mean, these notes are all still legal notes , not all paper money as lost legal tender status.
you can take them to a bank and deposit them in your account or trade for modern notes. with the writing on some of the notes and poor condition the value over face is not great but some start up new collector would be happy I'm sure to have them. If you are wanting to get rid of them i hope you can find a new owner as they will be destroyed if turned in to the banks . you can check out value by seeing what they are selling for on e-bay, just be sure you are comparing your notes to notes of equal condition, and signatures, and serial number prefixes.

Sylvie
Posts: 2
Joined: Wed Dec 30, 2020 10:11 pm

Re: 1937 CAD Bank Notes for Sale

Post by Sylvie » Thu Dec 31, 2020 12:11 pm

Thanks for feedback. We cashed them in today for face value. The banks in Canada will no longer accept old notes after today. TD Bank confirmed it. If not traded and of value, you will most likely not be able to cash them in at any financial institutions.

troubadour
Posts: 300
Joined: Thu Nov 24, 2016 3:46 pm

Re: 1937 CAD Bank Notes for Sale

Post by troubadour » Thu Dec 31, 2020 2:27 pm

you will always be able to cash them. not at your TD bank, but at Bank of Canada.
Attachments
cash-value.jpg
cash-value.jpg (51.52 KiB) Viewed 1024 times

GBELEC
Posts: 160
Joined: Tue Jun 25, 2019 8:01 pm

Re: 1937 CAD Bank Notes for Sale

Post by GBELEC » Thu Dec 31, 2020 3:13 pm

I'm easily confused but I think the bank notes you showed us are still legal tender, they could be used any where to make a purchase.
Lots of places may not want to except them but by the law of the land could be made to.
Sad that they were turned over to bank and unless a bank employee gets them into the right hands they will be destroyed .

beachcow
Posts: 35
Joined: Sun Sep 27, 2020 10:22 am

Re: 1937 CAD Bank Notes for Sale

Post by beachcow » Mon Jan 04, 2021 12:25 pm

GBELEC you are bang on. It's too bad there is a lot of mis-information, many times coming from bank employees.

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