I have constructed two volume-limited samples of supernovae; the first
of extragalactic events with a distance modulus less than 29 mag (H-0
= 75), and the second of Galactic supernovae from the last millennium
within 4 kpc. Out of 33 total events in these samples, a surprising n
umber are either greatly subluminous or possessing highly unusual spec
troscopic or photometric properties. My conclusions are as follows. (1
) A significant fraction (probably the majority) of Type Ia events are
not standard candles, with most being subluminous by from 1 to 6 mag.
(2) The luminosity function of Type II events is roughly flat from M(
B) equal to -18.3 to -15.2 and then rises sharply to lower brightnesse
s with events as faint as -11.8. (3) Type Ia, Ib, and II events consti
tute 24%, 14%, and 62% of the samples. (4) One-third of all supernovae
cannot be placed in the traditional classification scheme due to unus
ual properties. (5) A deep supernova search to M(B) = -12 will discove
r subluminous events that can serve as well-observed prototypes of new
explosion mechanisms.