Value Of Canadian Paper One Dollar Bill 1973
Introduction
The Canadian Paper One Dollar Bill 1973 is a piece of Canadian history that holds a lot of value to collectors and enthusiasts alike. This bill was in circulation from 1973 to 1989 and was the last paper one dollar bill issued by the Bank of Canada. Despite being out of circulation for over 30 years, the value of this bill remains high due to its rarity and historical significance.
Design and Features
The Canadian Paper One Dollar Bill 1973 features a portrait of Queen Elizabeth II on the front, along with the words "Bank of Canada" and "Canada". The back of the bill features a depiction of Parliament Hill in Ottawa, along with the words "Canada" and "One Dollar".
One of the unique features of the 1973 one dollar bill is the signature of the Deputy Governor of the Bank of Canada, which varies depending on the year the bill was printed. This makes each bill unique and adds to its value.
Value
The value of the Canadian Paper One Dollar Bill 1973 varies depending on its condition and rarity. Bills in uncirculated condition can fetch upwards of $50, while bills in circulated condition typically sell for around $10 to $20.
However, bills with unique serial numbers, such as repeating or sequential numbers, can sell for much higher prices. For example, a bill with the serial number "A0000001" sold for over $9,000 at auction in 2017.
Collecting
The Canadian Paper One Dollar Bill 1973 is a popular item among collectors and enthusiasts. Many collectors aim to complete a set of bills from each year of issue, while others focus on collecting bills with unique serial numbers or signatures.
Collectors should be aware of counterfeit bills, which are unfortunately common in the world of currency collecting. It's important to purchase bills from reputable dealers and to verify their authenticity through a third-party grading service.
Conclusion
The Canadian Paper One Dollar Bill 1973 holds a lot of value and significance for collectors and enthusiasts. Its unique design, features, and rarity make it a sought-after item in the world of currency collecting.