Here are interesting observations from auction activity this past 12 months. The somewhat hard to find high grade 1937 $20 Osborne-Towers note has appeared in three different auctions very recently. The serial numbers are within a bundle of 100 notes as shown below:
A/E 0433020, BCS Unc 60 Original, auction October 2nd from Almont.
A/E 0433052, CUnc, auction November 13th from Quebec City.
A/E 0433082, CUnc, auction November 13th from Quebec City.
A/E 0433093, BCS CUnc 63 Original, auction September 27th from Kitchener.
A quick search found other notes from this bundle sold in the past 12 months:
A/E 0433015, PCGS GUnc 65 PPQ, auction July 20th from Quebec City.
A/E 0433022, Unc, auction April 24th from Quebec City.
A/E 0433083, BCS Unc 60 Original, auction December 26 2024 from Kitchener.
I imagine that a more detailed search could find other notes from this range of 100 notes between A/E 0433000 - 0433100.
We sometimes wonder why, at first glance, the catalogue seems to ignore recent auction results. The pricing panel considers other factors including new hoards of notes or in this case a bundle of $20 notes probably put away many years ago. (A similar observation has been made regarding 100 notes from the Multi $2 RS test notes – again all Unc’s).
I will leave it to others to comment on the wide range of TPG grades assigned to these Unc notes!
JBN
