CANADA. Bank of Canada. 1 Dollar, 2.1.1937. BC-21d. Serial Number 1. PCGS Banknote Choice Extremely Fine 45.Coyne - Towers signature combination. E/N prefix. An exceptional offering and no doubt one of the highlights of the present auction. While the Bank of Canada over the years has made low-numbered notes available to collectors, and they even did so for the 1935 series, the 1937 series did not get the same treatment. Instead, they were quietly released into circulation, and as a result, low serial numbers on any of the denominations issued are extremely rare. In fact, one could easily make the argument that solid serial numbers on this series are much more available, and a survey of auction records confirms this. The $1 seen here with serial number 1 is the first we have been able to offer to the Canadian collector community. While it has a middle prefix and is seen in lightly circulated condition, its desirability cannot be overstated. An exceptional opportunity that is unlikely to repeat itself anytime soon.
