Bank of Canada banknotes price guide and values - Find the value of your banknotes (2024)

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In 1934, the newly created Bank of Canada was given the responsibility, through an Act of Parliament, to regulate the country's money supply and to promote the economic and financial welfare of Canada.

The new central bank was also given the exclusive right to issue bank notes in Canada. In 1944, it was forbidden for Canadian Chartered banks to issue banknotes. Below, the list of chartered banks that merged with the Royal Bank of Canada.

The value of a Bank of Canada banknote depends on several factors such as rarity, quality and wear, mintage, supply and demand, etc.

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This section will help you to find the value of your Bank of Canada banknotes. Through the various list below, it's also possible to read descriptions of the different series from 1935 to today. This simple guide will help to determine the value of any Bank of Canada banknote.

Canadian banknotes from 2018 to 2022

On January 9, 2020, Bank of Canada governor Stephen Poloz says the central bank is working on plans for a new 5-dollars banknote. The consultations are similar to those that led to the choice of Viola Desmond for the 10-dollars banknote. Once the new portrait subject has been selected, the bank note design process will begin. All we know right now is that it will be a polymer note with a vertical design.

The 10 dollars banknote launched in 2018 shows Viola Desmond, icon of the human rights and freedoms movement in Canada. A successful Nova Scotia businesswoman, she defiantly refused to leave a whites-only area of a movie theatre in 1946 and was subsequently jailed, convicted and fined. Her court case was one of the first known legal challenges against racial segregation brought forth by a Black woman in Canada.

Canadian banknotes from 2018 to 2022 values and prices »

Canadian 10 dollars banknotes of 2017

Commemorative $10 banknote celebrating the 150thanniversary of Confederation. This banknote was presented at a ceremony held on April 7, 2017 at the headquarters of the Bank in Ottawa and was put into circulation on June 1st of the same year.

Canadian 10 dollars banknotes of 2017 values and prices »

Canadian 20 dollars banknotes of 2015

This commemorative banknote is a variant of the $20 regular polymer one. It was put into circulation in the fall of 2015. The Bank of Canada issued 40 millions of these.

Canadian 20 dollars banknotes of 2015 values and prices »

Canadian banknotes from 2011 to 2020

This is the first time that a series of Canadian banknotes are printed on any material but paper. Banknotes printed on polymer are already in circulationelsewhere. Internationally, the first non-paper noteswere produced on a polyethylene material called Tyvek and issued in three countries in the early1980s. Canada's new notes are unlike other polymer notes,however.

Canadian banknotes from 2011 to 2020 values and prices »

Canadian banknotes from 2004 to 2011

The Bank issued the new $100 bill in March, the $20 note in September, and the $50 note in November of 2004. As part of its ongoing efforts to improve the security of Canadian bank notes, the Bank of Canada issued a $10 note with upgraded security features on 18May2005 and completed the series with an upgraded $5 note on 15November2006.

Canadian banknotes from 2004 to 2011 values and prices »

Canadian banknotes from 2001 to 2004

In 2001, the Bank introduced the new $10 note from the Canadian Journey series, followed by the $5 note in 2002. Notes in the new series are distinguished by new and enhanced security features to help fight counterfeiting and a tactile feature to help the blind and visually impaired identify the different denominations.

Canadian banknotes from 2001 to 2004 values and prices »

Canadian banknotes from 1986 to 1991

The 1986 series of bank notes, often referred to as the "Birds of Canada" series, was designed with enhanced security features to counter developments in colour-copier technology.

Canadian banknotes from 1986 to 1991 values and prices »

Canadian banknotes of 1979

$5 and $20 banknotes issued in 1979 looks like banknotes 1969 to 1975 except that the serial numbers can be found on the bottom of the opposite side of the banknote.

Canadian banknotes of 1979 values and prices »

Canadian banknotes from 1969 to 1975

Because of a growing concern over counterfeiting, the BankofCanada began to release a new series of bank notes in 1969. This series represented another complete departure in design from earlier issues.

Canadian banknotes from 1969 to 1975 values and prices »

Canadian 1 dollar banknotes of 1967

In honour of the 100th anniversary of Confederation, a modified version of the 1954 $1 note was issued, bearing the date 1967. The centennial logo was added to the front of the note and a view of Canada's original Parliament Buildings, destroyed by fire in 1916, was substituted for the prairie landscape that appeared on the original 1954 $1 note.

Canadian 1 dollar banknotes of 1967 values and prices »

Canadian banknotes of 1954 modified portrait

The third series of Bank of Canada bank notes was prepared in 1952. Significant changes to the design of Canada's paper currency gave it a whole new look that set the standard for the future. These banknotes were very different from the 1937 series, although the colours and bilingual nature were retained.

Canadian banknotes of 1954 modified portrait values and prices »

Canadian banknotes of 1954 with the devil's face

This series caused controversy because highlighted areas of the Queen's hair gave the illusion of a grinning demon behind the ear. The term "Devil's Head" is commonly used to describe these bank notes. The BankofCanada had both bank note companies modify the face plates by darkening the highlights in the hair. These modifications were made in 1956 for all denominations.

Canadian banknotes of 1954 with the devil's face values and prices »

Canadian banknotes of 1937

The creation of a second series of bank notes, only two years after the first issue, was prompted by changes in Canadian government legislation requiring the BankofCanada to produce bilingual bank notes. Another contributing factor was the death of King George V on 20 January 1936 and the subsequent abdication of Edward VIII.

Canadian banknotes of 1937 values and prices »

Canadian banknotes of 1935

The BankofCanada was created in 1934 and given responsibility, through an Act of Parliament, to regulate the country's money supply and to "promote the economic and financial welfare of Canada." Accordingly, it was given the exclusive right to issue bank notes in Canada. On 11 March 1935, the BankofCanada issued its first series of bank notes.

Canadian banknotes of 1935 values and prices »

Related numismatic tools, articles and links

The Art and Design of Canadian Bank NotesThe design and production of a bank note is a formidable challenge.
How much my canadian banknote is worth?This simple guide will help to determine the value of any Bank of Canada banknote.
Is my Canadian banknote worth $25,000?If you have a modern banknote in hand, there is a one-in-a-billion chance it is worth several thousand dollars.
Known asterisk and replacement banknotesList of known asterisk and replacement banknotes from 1954 to 1975.

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Bank of Canada banknotes price guide and values - Find the value of your banknotes (2024)

FAQs

How much is my bank note worth? ›

Most circulated Federal Reserve Notes from more modern series are worth no more than face value. Some of the early series notes (1928 and 1934) do carry a small premium, although for circulated notes this premium is small, usually 10% to 30%.

Are my old Canadian bills worth anything? ›

How to redeem older bank notes. The $1, $2, $25, $500 and $1,000 bills still retain their face value even though they are no longer legal tender. You can take them to your financial institution or send them to the Bank of Canada to redeem them.

How much is a Canadian $1 bill worth? ›

Since dollar bills were discontinued in 1989, they are exceedingly unique and can fetch up to $350. As with all coin collectibles and antiques, the value of old Canadian dollar bills depends on condition and rarity. So, you'll want to ensure any Canadian dollar bills you have been yellowed, dog-eared, or torn.

What is my 1986 Canadian $2 bill worth? ›

According to NumiCanada, $2 bills that were printed in 1986 with the AUH-prefix within the seven digit serial code could be worth ten thousand times their face value. Depending on the condition of the bill (nearly perfect or signs of wear and tear) the value can be between $3,000 to $15,000.

How do you know if a note is valuable? ›

Look for Oddities To Find Out If the Currency Is Rare
  1. Look at the Sizing. “A great first thing to look at is the size of the bill/font. ...
  2. Check the Date. ...
  3. High Denomination Bills. ...
  4. Bills With Serial Number Oddities. ...
  5. Printing Errors on Bills and Coins. ...
  6. Use Apps. ...
  7. Find a Local Coin Dealer. ...
  8. Check Online Forums.
Mar 11, 2024

Is there an app to identify paper money value? ›

NoteSnap is a perfect app for banknote collectors. With the help of cutting-edge AI-driven technology, NoteSnap allows you to effortlessly identify and catalog your banknotes within seconds.

What Canadian money is valuable? ›

List of the Rarest Canadian Coins Worth Money
Rare Canadian Coins Worth MoneyEstimated Value
Pre-1922 Canadian Silver Nickels$1,500-$15,000 CAD
1936 Canadian "Dot" Dime$14,450-$245,000 CAD
1921 50-Cent Piece$78,331.63-$251,410.81 CAD
Near-Mint Victoria 50-Cent Piece$77.21-$50,150 CAD
9 more rows

How much is a $20 Canadian bill worth? ›

Download Our Currency Converter App
Conversion rates Canadian Dollar / US Dollar
20 CAD14.69508 USD
50 CAD36.73770 USD
100 CAD73.47540 USD
250 CAD183.68850 USD
8 more rows

How to check money serial numbers? ›

A quick look at any U.S. banknote will show you a serial number. Those printed before 1995 have serial numbers consisting of eight digits sandwiched between two letters, like A12345678B. Today, only $1 and $2 bills follow this form, according to the Bureau of Engraving & Printing.

Is a $2 Canadian bill worth $20 000? ›

The Huffington Post denies the controversial $20,000 valuation of all 2$ bills after this remarkable appraisal at a Toronto auction house. Only the 1986-series bill with an AUH-prefix on the seven-digit serial number below the bill's pic is worth the whopping 20 grand.

How do I know if my old money is worth anything? ›

There are a couple of key places on your bill to check out, like the year and seal color. Bills that have red, brown, or blue seals printed between 1862 and 1917 could be worth up to $1,000, per IndyStar. And, the older a bill is, the rarer it's usually considered.

Are old bank notes worth anything? ›

Certain examples of our notes may be of interest to collectors. We cannot advise in this respect, since banknotes are only ever 'worth' their face value to us. If you want to find out whether certain banknotes have any additional worth, we suggest you approach a banknote dealer.

Which 2 dollar bill serial numbers are valuable? ›

According to MarketWatch, other highly-prized serial numbers include “solids” — when all the numbers are the same, like 2222222222 — and “ladders” — where the serial number is sequential, like 12345678910. Much more collectible are the extra large notes issued before 1918.

Why would a $2 bill be worth thousands of dollars? ›

If your $2 bill dates back to 1886 and has a red seal with a silver certificate, you're in luck. That bill is worth $4,500. A number of other iterations of the $2 bills with a red seal can also fetch well over a $1,000. Bills with brown seals are also very valuable.

How do I know if my $2 Canadian dollar bill is worth anything? ›

If the $2 bill was minted and printed before 1976, it would likely be worth more than its face value on the collectibles market. In some cases, it might be worth only $2.25. The highest value is $4,500 or more for uncirculated notes from 1890, although most of those bills range in value from $550 to $2,500.

Are my old bank notes worth anything? ›

Some old banknotes may be valuable as collector items. The Reserve Bank does not provide opinions concerning the market value of old, rare or misprinted banknotes. Collectors may wish to have their banknotes appraised by a reputable banknote and coin dealer.

How do I find out what my star note is worth? ›

Star notes never have a set value—they're only as valuable as other people say they are. That's why the best way to find out the value of yours is to sell the currency on a site like eBay and let other people decide for you in an open auction.

How do I check my bank notes? ›

Raised print is used in some of the features on genuine banknotes and should feel slightly rough to the touch. Lines and print should be sharp and well defined with no blurred edges. Colours should be clear and distinct – not hazy.

Can you sell bank notes? ›

Third, you can sell your banknotes online through eBay, an online banknote dealer or a major auction house. Selling online might take a little more time, but it's a great option if you want a global audience to see your rare banknotes. However, the guidance of a local banknote dealer can also help in this process.

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