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Canadian Tire Corporation Ltd. 1950s-1960s, Specimen and Issued Scrip Note Pair

Currency:USD Category:Coins & Paper Money / Paper Money - World Currency Start Price:80.00 USD Estimated At:130.00 - 260.00 USD
Canadian Tire Corporation Ltd. 1950s-1960s, Specimen and Issued Scrip Note Pair
SOLD
80.00USDto h*****9+ buyer's premium
This item SOLD at 2022 Jun 15 @ 11:16UTC-4 : AST/EDT
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The auction will take place on March 10, 2021 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Canada, 1950-60s. Lot of 2 Scrip Notes, Includes: Specimen, 10 Cents by BABNC, Specimen overprints, POC's; and, Issued 10 Cents Certificate. Notes have slight variations of each other with the fictional character "Sandy McTire" he is based on no specific individual but is assumed to represent a thrifty Scotsman, the 1950s everyman of blue-collar Canada. Both are in Choice XF to AU condition. (2). Canadian Tire Corporation, Limited is a Canadian retail company which operates in the automotive, hardware, sports, leisure and housewares sectors. Canadian Tire money, officially Canadian Tire 'money' or CTM, is a loyalty program operated by the Canadian retail chain Canadian Tire. It consists of coupons, issued by the company, which resemble real banknotes. It can be used as scrip in Canadian Tire stores, but is not considered a private currency. The notes are printed on paper similar to what Canadian currency was printed on when they were still paper, and were jointly produced by two of the country's long-established security printers, British American Banknote Company (BABN) and Canadian Bank Note Company (CBN). Some privately owned businesses in Canada accept CTM as payment, since the owners of many such businesses shop at Canadian Tire. In Canadian Tire stores, CTM is accepted for Canadian money at par, i.e.; 1 Canadian Tire Dollar = 1 Canadian Dollar.