$500 Canadian Bill Saved from Shredder, sold at auction for $322,000
Posted by Blogger on October 22nd, 2008A rare $500 Canadian bill from 1911 was “seconds” away from the shredder,
was sold at a recent auction for the bargain price of $322,000 US. The vintage bill was one of three ever created and features the image of Queen Mary. Apparently it is a very conservative result comparative to other mature banknote markets
The bill was discovered in Ontario by accident and could easily have ended up in the garbage.
A relative of someone who had passed away was cleaning out an office, going through the deceased’s personal possessions and a pile of documents were in or on a desk. The family’s name and hometown are not known.
The auction house described the bill as a “classic rarity” that had undergone only minor restoration.


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