Canadian one dollar serial number dating
On some notes, a star appears in place of the last letter.When an imperfect sheet is detected during the manufacturing process after the serial number has been overprinted, it must be replaced with a new sheet.No timeline has been set for the change, but the Bo C says it will not happen “overnight,” and nothing can happen until the necessary legislation is passed on Parliament Hill.It says banking institutions will continue to accept the affected bills for a period of time, after which they’ll need to be sent directly to the Bo C for redemption.The 0 bill is perhaps the Holy Grail for Canadian currency aficionados.
The Bank of Canada says it will accept any of the outdated bills at face value, but there’s more money to be made by selling the rarer bills to collectors.
The government does not currently have the power to revoke legal tender status, but it plans to change that in order to remove outdated bank note denominations from circulation.
The legacy bills will no longer be usable in day-to-day transactions, although banks will accept them at full value, the Bank of Canada (Bo C) says.
The bill, which was issued in 1935, depicts Sir John A.
Macdonald on one face and a woman in a drooping robe on the other.