The Prominence Sale - XIV - Major sale

1935 $500 BC-17 PMG Choice Very Fine-25. A pleasing mid-grade example displaying...

1935 $500 BC-17 PMG Choice Very Fine-25. A pleasing mid-grade example displaying strong originality, solid paper body, and well-retained colour. The note remains problem-free in appearance, with only minor pinholes noted strictly for accuracy and completeness of description. This offering represents a compelling opportunity to acquire one of the most iconic and elusive notes in Canadian numismatics. The 1935 $500 issue stands as the sole denomination of its kind ever released by the Bank of Canada, a distinction that significantly enhances its historical importance and enduring collector appeal. Issued during the Bank’s inaugural series, this remarkable note embodies both the economic context of its era and the artistry of early Canadian paper money design. High-denomination notes of this nature were produced in limited quantities and saw relatively little circulation, contributing to their pronounced rarity today. Examples are seldom encountered on the open market, making this piece a cornerstone acquisition for advanced collectors. Its combination of absolute rarity, historical significance, and strong demand ensures its status as a premier highlight in any distinguished collection of Canadian currency. Recent market performance highlights the strength of this segment: an example graded EF-45 realized $337,812 in the Prominence Sale IV, demonstrating both the scarcity and the sustained enthusiasm for this legendary issue.