$50,000 Bank Legal - Limited Edition 10 oz. Pure Silver Collector Replica
This limited edition collectible is a high quality replica of the largest denomination banknote ever issued by the Dominion of Canada. While original notes were printed on high security banknote paper, this collector re-creation is engraved and struck in ten ounces of .9999 fine silver, including full colour raised micro-engraved printing. The note has a $50,000 nominal denomination and bears the original issue date of 1924.
This type of note is referred to as a "bank legal" since they were only legal for payment by chartered banks and could not be acquired or used by individuals. In 1924, $50,000 would have had the purchasing power equivalent to about $900,000 today, making this type of note impractical for individuals. This collector issue is also marked "specimen", confirming it cannot be used as currency of Canada.
- Beautifully designed coin: It is 10 ounces of pure silver.
- Very low mintage. Only 275 are available to collectors worldwide.
- Includes a Certificate of Authenticity: This coin is authenticated by Canadian Heritage Mint.
- No GST/HST
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