From research it seems that the worth of a 5 dollar Canadian bill from 1937 could range from 90 US dollars to 200 US dollars.
Despite the majority of old money no longer being in circulation, there are a few government and commercial services available to you that can help valuate any old money that you have. The value of former bills can be calculated by the effect of inflation on the purchasing power of the old currency. The services that provide you with the value of your money can be found online and usually for free.
Firstly you need to identify the type of old money that you want to have valuated. Of course the currency ranges from various countries such as American bills, Canadian currency, Federal Reserve Notes, British Pounds and so on. The main thing about finding out the worth of old money is how much difference there is on its face value. The face value of a note is how much the note was worth in the time when you could use it to purchase items. To find this out, you simply just have to look at the note and it is stated on the paper. You should make note of whether it was a circulated bill or an uncirculated bill. The money that was in circulation will be worn a bit and may have some tears whereas an uncirculated note will look much newer with no physical damage. This is very important as it will help determine the value.
You should scour the web to find dealers who specialise in old currency. They will usually have a database that you can look through for free, although sometimes you may have to register. You can enter the description of your old money to get the correct value. Furthermore you could try and ask your bank or any financial services how much some of your old money is worth. You might not always get a result but if your provide a description they may get back to you with an estimation.
Despite the majority of old money no longer being in circulation, there are a few government and commercial services available to you that can help valuate any old money that you have. The value of former bills can be calculated by the effect of inflation on the purchasing power of the old currency. The services that provide you with the value of your money can be found online and usually for free.
Firstly you need to identify the type of old money that you want to have valuated. Of course the currency ranges from various countries such as American bills, Canadian currency, Federal Reserve Notes, British Pounds and so on. The main thing about finding out the worth of old money is how much difference there is on its face value. The face value of a note is how much the note was worth in the time when you could use it to purchase items. To find this out, you simply just have to look at the note and it is stated on the paper. You should make note of whether it was a circulated bill or an uncirculated bill. The money that was in circulation will be worn a bit and may have some tears whereas an uncirculated note will look much newer with no physical damage. This is very important as it will help determine the value.
You should scour the web to find dealers who specialise in old currency. They will usually have a database that you can look through for free, although sometimes you may have to register. You can enter the description of your old money to get the correct value. Furthermore you could try and ask your bank or any financial services how much some of your old money is worth. You might not always get a result but if your provide a description they may get back to you with an estimation.
