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Collecting FAQ

Compiled by Idjit and MmmBeer.

  1. How come you don't have a section on collecting?
  2. Why do people collect bank notes?
  3. What makes a note collectable?
  4. What is a radar note?
  5. What is a million numbered note?
  6. What is an ascending or descending note?
  7. What are matching serial numbers?
  8. What is a consecutive numbered note?
  9. What is a high/low note?
  10. What do you mean by 'error note'?
  11. What is a replacement note?
  12. What's a 'Knight/Dodge' note?
  13. What's a series?
  14. Does the condition of the note make a difference?
  15. My friend has a note that has her phone number in the serial number. Is it valuable?
  16. I've got a radar note for sale. What is it worth?



  1. How come you don't have a section on collecting?

    This site is not about collecting. We like to see where money goes throughout the life of a note by tracking it online. However, some of our members like to collect notes as well, and you can contact them in the 'Collections' and 'For Sale' sections of the message board.

  2. Why do people collect bank notes?

    People collect for a variety of reasons. Some are interested in the history of Canadian bank notes, numerical combinations fascinate others, and others are looking for unique notes or rare notes. There are almost as many reasons to collect, as there are collectors.

  3. What makes a note collectable?

    There are several types of collectable notes. Some are popular because of a unique serial number, some because of their age, and others because of errors made while printing. Some of the questions below will help you understand the different types of notes.

  4. What is a radar note?

    A radar note or palindrome is where the serial numbers read the same left to right, or right to left. [2558552]. Other varieties of the radar is solid numbered [2222222], and sequential [1234321].

  5. What is a million numbered note?

    Million numbered notes have six zeros following any number [1000000, 2000000, 3000000].

  6. What is an ascending or descending note?

    These notes have serial numbers that decrease or increase sequentially. [1234567, 9876543, 0987654]. Examples of a combined ascending/descending serial numbers are [7654567, 1234321, 3456543].

  7. What are matching serial numbers?

    This is where different denominations of notes have the same serial number. You may have a ten and a twenty that have the serial numbers: [AIT2587743 and GPR2587743].

  8. What is a consecutive numbered note?

    Fairly common, where two or more notes are in sequential order. [ex: GPA8045777, GPA8045778, GPA8045779, etc]. These notes aren't too valuable but its up to you if you want to collect them.

  9. What is a high/low note?

    These notes are the lowest or highest notes found by someone in circulation. Check the high/low pages at http://www.cdnpapermoney.com/Lists/lists.htm.

  10. What do you mean by 'error note'?

    The Bank of Canada prints a lot of notes and sometimes things happen. A note can be cut wrong, or sometimes a crease during printing will leave the note disfigured. Other printing errors, like mismatched serial numbers, misplaced serial numbers or blocked serial numbers can happen, and these notes are of interest to some collectors.

  11. What is a replacement note?

    The Bank of Canada sometimes produces notes specifically to replace notes spoiled during the printing process. These notes are sometimes called 'insert notes' because they are inserted into a printing run whenever a spoiled sheet of notes is discovered. Replacement of insert notes usually have an asterisk preceding the prefix , or an "X" in the 3rd position of a three letter prefix to indicate a replacement note.

  12. What's a 'Knight/Dodge' note?

    The signatures on the face of the note help the collector classify the note. Some signature combinations are rarer than others, and these are of interest to some collectors.

  13. What's a series?

    Generally the series of a note is the date on the face of the note. The series is one of the main ways a note is classified.

  14. Does the condition of the note make a difference?

    Yes, definitely. When shopping for notes, collectors almost always value notes in perfect condition higher. The only exception is when a note is involved with an event that damages or marks the note in some way related to the event. (Sept 11, a note with a bullet hole in it, etc.) Check out the list of note conditions in the help section.

  15. My friend has a note that has her phone number in the serial number. Is it valuable?

    Probably only to him/her, but like any collecting, it's a matter of what interests the collector.

  16. I've got a radar note for sale. What is it worth?

    We don't appraise notes. For more information about collecting and the value of collector notes, try http://www.nunetcan.net. They discuss collecting in detail. You can also ask some of our members their opinion on the message board. Try 'Collections' and 'For Sale'. You can also finds books that address this question, such as "The Charleton Standard Catalogue of Canadian Government Paper Money 4th Edition."

Unless otherwise noted, all content on this site is copyright © 1999-2011 www.cdn-money.ca.  Ensure you agree to the terms of use and the general code of conduct before using this site. If you have questions about privacy, read the fine print. The help and FAQ should be useful if you're new. For all other questions, contact us.