1914 $2

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Hello all,

I am wondering if anyone can give me what fair pricing would be on the note in the photos I have attached. I do not have a pricing guide yet for Canadian (it's on order, but I am in the USA, so it's going to take a bit).

One of my friends in BC told me a max of $200 CAD. Does anyone else agree? Think less or more?

Listed on eBay from a US seller. The seller sent me an offer, but it is at $265.50 USD. Just trying to gauge if this is fair or not.

Thank you for the assistance in advance.

Riley H

This is on the lower end of the condition scale. It's impossible to grade based on photos alone, but I'd say probably around VG. Is there any firmness left to the paper, or is it limp? Has the note been washed, pressed, or repaired? I ask because the serial numbers seem to be disappearing—from wear, rubbing, washing... Compare this note with the two DC-22e's in the CPMF register, and note the difference in serial number clarity/vividness/colour (of course their condition is better, but you get the idea): https://cdnpapermoney.com/notes/register/7/2/7/22/152/list

Also beware of non-professional US sellers who list notes at catalogue prices in USD, when the catalogue values are in CAD. Charlton lists a VG DC-22e at $300 CAD, which equates to $214 USD, so you'd be overpaying at $265 USD if my "virtual" VG grade is accurate. The seller might argue that the grade is higher, but without it being third-party graded (TPG), no one can say with any certainty on an online sale.

Personally, I wouldn't buy a Dominion note online that wasn't graded by a trustworthy TPG such as BCS (preferred) or PMG. Otherwise the note is more like a closet curio/someone's conversation piece. Is it valuable? it might be, or not. Did I get a fair price? Maybe, maybe not.

One last thing to consider is that lower condition notes generally don't appreciate much in the long term. If you kept your eyes open for an example in better condition and with more eye appeal, you'd likely have to pay more, but it would also gain more value over time.

This is all just my opinion, but I hope its of some use.

Personally, I wouldn't buy a Dominion note online that wasn't graded by a trustworthy TPG such as BCS (preferred) or PMG. Otherwise the note is more like a closet curio/someone's conversation piece. Is it valuable? it might be, or not. Did I get a fair price? Maybe, maybe not.

One last thing to consider is that lower condition notes generally don't appreciate much in the long term. If you kept your eyes open for an example in better condition and with more eye appeal, you'd likely have to pay more, but it would also gain more value over time.

If I was just starting out, I'd buy directly from a trusted dealer in-person at a show.

Personally, I do not like TPG notes; I would only buy Dominion notes that are raw.  It is true that most Dominion notes are in low grades that don't appreciate much and if you wanted higher quality notes,be prepared to spend big bucks to acquire them.

The best advice is to learn how to grade banknotes.  That way, you can make an informed decision when buying a note and not have to rely on a third party to determine it for you.

Having said that, it is increasingly difficult to find notes that are NOT graded by a third party in dealer stock and that's a shame.

...it is increasingly difficult to find notes that are NOT graded by a third party in dealer stock and that's a shame.

I totally agree.

Thanks, everyone!
I am in the US and all the way down in Texas, so it's not too common to come across dealers with DOC notes too much.
And then most of the coin shows that do happen are hours drives away since the state is so big... and most of the time on weekends, which I usually work.

Thanks again everyone. I have my Charlton guide coming so that will be good to have.

Best regards,

Riley