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The first commemorative banknote issued by the Bank of Canada was a $25 banknote in the 1935 series to commemorate the Silver Jubilee of the accession of George V to the throne. [ 3 ] [ 4 ] The royal purple banknote was issued on 6 May 1935, [ 4 ] and is the only $25 banknote issued by the Bank of Canada.
All but the commemorative $25 banknote began circulating on 11 March 1935, the same day that the Bank of Canada officially started operating. [ 1 ] [ 3 ] All banknotes contained the words "Ottawa, Issue of 1935" centrally at the top of the obverse, except for the $20 banknote, in which the words appeared below the serial number. [ 9 ]
As of 1 January 2021, the $1, $2, $25, $500 and $1,000 bills from every Bank of Canada series are no longer legal tender. [24] Despite the introduction of new notes, older notes are still in use. + Two varieties were printed, the first with conventional serial numbers , the second with the double date "1867–1967" appearing twice instead.
Printing of the $1,000 note ceased in 2000. The denomination was withdrawn on the advice of the Solicitor General and the Royal Canadian Mounted Police (RCMP), as it was often used for money laundering and organized crime. [5] The Bank of Canada has requested that financial institutions return $1,000 notes for destruction. [6]
$0.25 $0.50 Issued as postage currency with two main varieties: 1) edges (straight versus perforated), and 2) monogram (presence or absence of the American Bank Note Co. monogram (ABCo) on the reverse). [nb 4] All four denominations bear the stamp motif on the obverse. Second issue October 10, 1863 Feb 23, 1867 $0.05 $0.10 $0.25 $0.50
Bouquet sou were a series of tokens that were created for use primarily within Lower Canada in the mid- to late-1830s. Roughly equivalent in value to a half penny , the "bouquet sou " were so called because they displayed a group of heraldic flowers tied together with a ribbon on their obverse.
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A simple homemade currency strap holding 80 $1 bills, made from a loop of paper secured with sellotape. Bundling money together with a simple elastic or paper device is as old as paper currency itself. However, measured and standardized straps are a relatively new idea. For example, until the mid-1970s, The US Federal Reserve counted bills by hand.