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Monday, August 30, 2010

Canadian banknotes exchangeable for up to $8,000 in Ontario

Waddington's watches, jewellery and numismatic sale offers some great finds for treasure hunters

Waddingtons are holding an exciting sale next month of jewellery, watches and currency from its native Canada.

The sale will feature 350 lots of jewellery and numismatics including diamond rings, silver jewellery, gold chains and bracelets, and platinum jewellery.

In addition, wristwatches by Rolex, Rado, Gruen and other known makers will be available, alongside a fine collection of Canadian 1935 bank notes and quantities of silver coins.

Although not all 350 lots have been made available for viewing yet, we can take a quick look at some highlights:

For any just starting their watch collection a Rolex Oyster Perpetual Wristwatch made in 1951 might be of interest. With reference #6084; serial #733062; using an 18 jewel mechanism in a stainless steel case, it is expected to fetch just $900-1,200.

Yellow gold diamond ring
Yellow gold diamond ring

Likewise an attractive, but affordable 14k Yellow Gold Ring set with a brilliant cut diamond (weighing approximately 1.60ct) could make a useful start to a collection, or investment.

Unusually, the expected top lots are three sets of banknotes. With notaphily an increasingly exciting area of collecting, the Canadian pieces are expected to gain solid four figure results.

Canadian 5 dollar banknotes 1935
Some of Canada's first banknotes ($6,000-8,000)

All dating from 1935 - the first year that the Bank of Canada issue banknotes - the lots on offer are a set of four $10 notes, listed at $2,500-3,500, a selection of four notes: one $20, two $50 and one $100, which are expected to bring $4,000-6,000 and finally nine $5 notes, which are estimated at $6,000-8,000.

The auction takes place in Ontario in the evening of September 22. Online bidding is available.