Category Archives: Bank Of Canada

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First Canadian Note to Feature Elizabeth II Boosts Heritage World Paper Money Sale Over $2.1 Million

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French version of note from Harry M. Eisenhauer Collection leads auction at $132,000   An original and Uncirculated example of the first Canadian banknote to feature a portrait of the eventual Queen, Elizabeth II, sold for $132,000 USD to lead Heritage Auctions’ March 23 World Paper Money Signature Auction to $2,140,937. A Serial Number 7 […]

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Changes to Legal Tender Status for Some Older Canadian Banknotes Take Effect in 2021

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By Bank of Canada …… In accordance with amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018, the federal government of Canada recently decided to remove legal tender status from some older Canadian banknotes as of January 1, 2021. This change will affect the $1, $2, $25, $500 […]

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Bank of Canada Launches Public Consultation for New $5 Banknote

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By Bank of Canada …… Minister of Finance Bill Morneau and Governor Stephen S. Poloz today announced that the Bank of Canada is launching public consultations to select an iconic Canadian to appear on the next $5 bank note. Canadians can submit nominations by using the Bank of Canada’s submission form by March 11, 2020. […]

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2020, Bank Of Canada, canadian banknotes, canadian frontiers banknote series, Coin Articles, Columns, paper money, Viola Desmond, World Coins

Canada: New $5 banknote planned, Bank of Canada seeks public input on design and featured personality

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The governor of the Bank of Canada, Stephen Poloz, announced (9th January) that a new initiative to re-design the $5 banknote would involve broader public input to determine the personality featured on the face

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2020, Bank Of Canada, Bank of England, Coin Articles, Columns, g series banknotes, paper money, polymer banknotes, technology, Technology and Numismatics, World Coins

United Kingdom: Surprising number of polymer £5 and £10 banknotes replaced due to damage

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New and surprising information about Bank of England polymer notes has surfaced in which their lifespan has been put into question. The Bank of England has reported that nearly 50 million polymer £5 and £10 notes have had to be replaced since they were launched due to wear and tear

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Royal Canadian Mint Releases Innovative Tributes to Canada for Annual July 1st Celebrations

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As the nation gears up for July 1st, the Royal Canadian Mint continues to find new ways to celebrate Canada with original and innovative coins. These creations include the 2019 $30 Fine Silver Coin – The Fabric of Canada. Artist Rebecca Yanovskaya has designed a first-ever undulating, colored Canadian flag, realistically fluttering above national landmarks, […]

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PMG Grades Second-Known 1920 Home Bank of Canada $5

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Paper Money Guaranty® (PMG®) has certified the second-known example of the 1920-dated Home Bank of Canada $5. The issue was previously thought to be unique, with the only example being in the National Currency Collection of The Bank of Canada. The note, recently certified by PMG, is the first and only in private hands. This […]

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Paper Money – What Are The World’s 15 Highest Denominations Ranked by GDP

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Paper Money Denominations Updated by Coinweek Staff July 24, 2018 ……. Ever wonder what the highest-denomination paper money banknotes are in the world’s top-producing nations based on GDP? At a time when terrorism and other criminal activities increasingly have the attention of international police and regulatory agencies, there is greater pressure on authorities to eliminate the […]

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New $10 Canadian Banknote Featuring Viola Desmond Unveiled on International Women’s Day

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By Bank of Canada …… Finance Minister Bill Morneau and Bank of Canada Governor Stephen S. Poloz yesterday unveiled the new $10 bank note featuring Viola Desmond during a ceremony at the Halifax Central Library. Once issued into circulation in late 2018, it will mark the first time that an iconic Canadian woman is portrayed […]

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Legal Tender Status of Older Canadian Bank Notes to Change

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By Bank of Canada …… In the 2018 budget, the Government of Canada announced that it will ask for the power to be able to remove legal tender status from Canadian bank notes–something it cannot do now. If that power is approved by Parliament, the plan would be to remove that designation from certain Canadian […]

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Canada: Final silver coin issued in “Nature’s Impressions” series features the wolf

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The Royal Canadian Mint has issued new coins that are part of an innovative and unconventional tie-in to the traditional wildlife portrait.
As an added feature to each design, engraved animal prints all along the coin’s edge can be viewed in a continuous pattern which correspond to the wildlife highlighted

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Canada: Popular maple leaf bullion coins celebrate 30 years with new anniversary two-coin set

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The Royal Canadian Mint have released a new two-coin set which is in celebration of one of the world’s most successful and celebrated bullion coins: The Canadian silver maple leaf coins. First issued in 1988, the silver coins guaranteed the finest silver purity available by state of the art refining which offered bullion investors unparalleled artistry, craftsmanship, and value

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CoinWeek News Wire for September 22, 2017: Nanotechnology, Coin Thievery, and Gold

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By Coinweek …. CoinWeek News Wire for September 22, 2017: Brain Food 1.) The ATM at 50: How it’s changed consumer behavior The wide acceptance of the ATMs changed the types of cash Americans typically carry in the pocketbooks. Since ATMs became more widely available in the early 1980s, the $20 bill has regularly been […]

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CoinWeek News Wire for September 22, 2017: Nanotechnology, Coin Thievery, and Gold

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By Coinweek …. CoinWeek News Wire for September 22, 2017: Brain Food 1.) The ATM at 50: How it’s changed consumer behavior The wide acceptance of the ATMs changed the types of cash Americans typically carry in the pocketbooks. Since ATMs became more widely available in the early 1980s, the $20 bill has regularly been […]

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Bank of Canada Gives Award to RCMP’s Counterfeit Enforcement Team

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By Bank of Canada …… L to R: Richard Wall, Managing Director of Currency Department; Sgt. Marco Roy and Cpl. Vincent Roy, officers, RCMP-C Division; Mario Harel, President, Canadian Association of Chiefs of Police; Gilles Michaud, Deputy Commissioner, Federal Policing, RCMP; and Bill Blair, Parliamentary Secretary to the Minister of Justice and Attorney General of […]

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Kolbe & Fanning Sale 146 – Important Numismatic Literature: Lots You Need to Know

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Numismatic booksellers Kolbe & Fanning will conduct their 146th Sale of Important Numismatic Literature on Saturday, July 15, 2017 at 12:00 Noon, Eastern Time. The sale will consist of 400 rare and antiquarian numismatic books, including many highly collectible editions, manuscripts, and plated catalogs covering a wide range of numismatics, from ancients to world coins […]

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Bank of Canada Museum Unveiled Ahead of July 1 Public Opening

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By Bank of Canada ….. On June 20, Governor Stephen S. Poloz welcomed special guests from the government, business and the tourism sectors for a preview of the Bank of Canada Museum, which is opening soon. Located at the corner of Bank and Wellington, in the Bank’s head office complex in downtown Ottawa, the re-designed […]

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Bank of Canada Issues Commemorative $10 Banknote for 150th Anniversary of Confederation

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By Bank of Canada ….. On Thursday, June 1, the Bank of Canada began circulating the $10 commemorative bank note that celebrates the 150th anniversary of Confederation. Canadians can now obtain this special note at financial institutions. Only 40 million notes are being issued–roughly one for every Canadian. Governor Stephen S. Poloz was among the […]

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Historic Canadian Banknote Collection Could Top $1 Million at Toronto Coin Expo Auction

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By Geoffrey Bell Auctions and Toronto Coin Expo…. Hidden in a safety deposit box in New Brunswick since the mid-1980s was a prized collection of 2,000 banknotes. The collection has been hailed as The Covered Bridge Collection and is expected to realize more than $1 million altogether over 2 sales this year. Part one of […]

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CoinWeek News Wire for April 14, 2017

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By Coinweek …. CoinWeek News Wire for April 7 2017 Brain Food 1.) Test How Much You Know About Bitcoin As the world’s monetary systems teetered on the edge in late 2008, some computer whizzes sought a digital solution. As Lehman Brothers lay dying, a math-based, completely digital means of exchange known as bitcoin was […]

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CoinWeek News Wire for April 14, 2017

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By Coinweek ….   CoinWeek News Wire for April 14 2017 Brain Food 1.) Test How Much You Know About Bitcoin As the world’s monetary systems teetered on the edge in late 2008, some computer whizzes sought a digital solution. As Lehman Brothers lay dying, a math-based, completely digital means of exchange known as bitcoin […]

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CoinWeek News Wire for February 24, 2017

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By Coinweek …. CoinWeek News Wire for February 24, 2017 Brain Food 1.) The Secret Art History on Your Money The “fancy heads” both prettied things up and made the documents harder to counterfeit. A $1 bill issued by the Corn Exchange Bank of Wisconsin in the 1850s or ’60s shows a head derived from […]

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CoinWeek News Wire for February 24, 2017

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By Coinweek ….   CoinWeek News Wire for February 24, 2017 Brain Food 1.) The Secret Art History on Your Money The “fancy heads” both prettied things up and made the documents harder to counterfeit. A $1 bill issued by the Corn Exchange Bank of Wisconsin in the 1850s or ’60s shows a head derived […]

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Woman of Color, Civil Rights Pioneer Viola Desmond Chosen as Woman on New $10 Canadian Banknote

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By Bank of Canada ….. Governor Stephen S. Poloz, Minister of Finance Bill Morneau and Minister of Status of Women Patty Hajdu today announced that Viola Desmond will be featured on a new $10 bank note, expected in late 2018. This will mark the first time that a portrait of a Canadian woman will be […]

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Bank of Canada, Finance Minister to Reveal Woman on Latest Banknote

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By Bank of Canada ….. On Thursday, 8 December 2016, Bank of Canada Governor Stephen S. Poloz, Minister of Finance Bill Morneau and Minister of Status of Women Patty Hajdu will reveal which iconic Canadian woman will be featured on the next regularly circulating bank note. Topic: The announcement of a Canadian woman to be […]

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Controversy Over Animal Fat Used to Manufacture New UK 5 Pound Note

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By Charles Morgan and Hubert Walker for CoinWeek …. Tallow: The white nearly tasteless solid rendered fat of cattle and sheep used chiefly in soap, candles, and lubricants. –Merriam-Webster Online Dictionary Tallow. Probably not a word we or any other numismatic authors and journalists have to use much, but it’s at the heart of the […]

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CoinWeek News Wire for December 2, 2016

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  By Coinweek …. CoinWeek News Wire for December 2, 2016 Current Events 1.) Zimbabwe police fire tear gas at bank note protest “We are not going to embrace bond notes,” Hardlife Mudzingwa, a spokesman for Tajamuka, told AFP. “They are being used to mop up the US dollars that people have in their accounts so […]

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Women on Money: Five Finalists Chosen for Canada’s Newest Banknote

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By Bank of Canada……. On Thursday, 8 December 2016, the Minister of Finance and the Governor of the Bank of Canada will reveal which iconic Canadian woman will be featured on the next regularly circulating bank note, expected in 2018. In advance of that announcement, the Bank today published the short list from which the […]

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CoinWeek News Wire for November 11, 2016

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By Coinweek …. CoinWeek News Wire for November 11, 2016 Current Events 1.) Some Central Florida toll booths not registering $1 coins Central Florida Expressway Authority officials said they weren’t aware of the problem until Channel 9 brought it to their attention… Under the Radar 2.) Commemorative Singapore Botanic Gardens coin unveiled A commemorative coin showcasing iconic features of the Singapore […]

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CoinWeek News Wire for November 4, 2016

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By Coinweek ….   CoinWeek News Wire for November 4, 2016 Canada 150 1.) Royal Canadian Mint unveils its 2017 Canada 150 circulation coin series The Royal Canadian Mint has unveiled its 2017 Canada 150 circulation coin series featuring the work of five Canadians selected by popular vote to design the tails side of the […]

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CoinWeek News Wire for October 21, 2016

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By Coinweek …. CoinWeek News Wire for October 21, 2016 Brain Food 1.) What is the Average Lifespan of a Coin? Coins are tough little devils. Over the course of a coins’ lifespan, they will be dropped, kicked, stepped on, possibly run over by a vehicle, or involved in some children’s experiment to discover just how […]

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Gold & Silver PAC October 2016 e-Newsletter

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By Scott Barman for the Gold & Silver Political Action Committee ….. From the Political Coordinator Every four years we elect a president and vice president. By definition, elections are politically motivated exercises and candidates look to convince you to elect them and not their opponent. I used an opportunity to have a discussion about […]

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CoinWeek News Wire for September 23, 2016

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By Coinweek …. CoinWeek News Wire for September 23, 2016 The Future Is Now 1.) Bitcoin is money, U.S. judge says in case tied to JPMorgan hack “Bitcoins are funds within the plain meaning of that term,” [Judge Alison] Nathan wrote. “Bitcoins can be accepted as a payment for goods and services or bought directly […]

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CoinWeek News Wire for September 2, 2016

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By Coinweek …. CoinWeek News Wire for September 2, 2016 Brain Food 1.) What to do with an ink-stained bank note? Would you know what to do with a bank note stained with dye — an indicator that the note was stolen in a robbery or ATM theft?… 2.) Collectors Universe Reports Financial Results for […]

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Candidates for 2018 Bank Note Featuring Iconic Canadian Woman Announced

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By The Bank of Canada ……   The Bank of Canada today announced that the 2018 bank note independent Advisory Council has narrowed to 12 names the list of iconic Canadian women who could be featured on the first bank note of the next series. The 12 prominent Canadian women, who were selected from the […]

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Women on Money: Members of Bank of Canada 2018 Banknote Advisory Council Announced

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By The Bank of Canada……. On April 4, the Governor of the Bank of Canada, Stephen S. Poloz, and Senior Deputy Governor Carolyn Wilkins announced the members of an independent Advisory Council, who will develop a short list of iconic Canadian women who could be featured on the first bank note of the next series. […]

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CoinWeek Weekly Coin & Currency News Roundup – April 1, 2016

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By Coinweek …. Hello, and welcome back to CoinWeek’s weekly roundup of the strange and off-center in coin and currency news. Today’s roundup happens to fall on April 1 – once known as New Year’s but now better known as April Fool’s. We leave it to you, gentle reader, to decide whether one (or more?) […]

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Canadian Banknotes to Feature Woman in 2018

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By Joshua McMorrow-Hernandez for Coinweek ……. Canadian Prime Minister Justin Trudeau declared the Bank of Canada will feature a woman on the first new banknote of 2018. The landmark move, announced during an International Women’s Day event on March 8, comes after women’s groups and others have called for Canada to honor a woman on […]

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