The 1954 Canadian Bank Note Series was the third set of Canadian bank notes. There was another variety of this series released two years later in 1956. Though released in 1954, the Bank of Canada‘s third order of bank notes were prepped in 1952. This is due to Queen Elizabeth II’s taking the Royal Crown in 1952.

Although the 1954 Bank Notes look a lot different compared to the 1937 Canadian Bank Notes, the notes are still bilingual and all of the notes have the same color they did in the 1937 series. All of the notes have Queen Elizabeth II pictured on the front of them and this is the only series of bank notes that this has happened.

To prevent the portrait from being worn out from folding, the Queen’s picture was moved to the right. The bills design was made simpler and the back of the bills now had Canadian scenes. For the first time ever the Coat of Arms of Canada was used on a bank note in this series, being put as a portion of the bills’ background design.

The modified version of this series in 1956 was because of the highlights in Queen Elizabeth’s hair. There was arguments over this because it presented a mirage of a demon grinning behind the Queen’s ear. This gave the notes of the series the title of “Devil’s Head”.

This is a list of the different sites pictured on the reverse of each 1954 bank note.

The 1954 $1Bank Note has the Saskatchewan prairie on the back of it.

The 1954 $2 Canadian note has a picture of country land in Richmond, Quebec.

The 1954 $5 bill has a image of  Otter Falls, Yukon.

The 1954 $10 note pictures a Rocky Mountain peak in Mount Burgess, British Columbia.

A winter landscape in Laurentians, Quebec is on the back of the 1954 $20 Canadian bill.

The 1954 $50 Canadian Bank Note portrays an image of Lockeport, Nova Scotia.

The 1954 $100 Canadian Note shows Okanagan Lake, British Columbia.

The 1954 $1000 Canadian Bank Note has a covered bridge pictured in L’Anse-Saint-Jean on the Saguenay River, Quebec.

In January 1967, a $1 banknote was made to celebrate the centennial of the Canadian Confederation. It had Queen Elizabeth’s portrait on the front and it pictured the Original Parliament Buildings which were burned down in 1916.

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In 1934, the Bank of Canada was founded and it was in charge of regulating Canada’s supply of money and promoting both economic and financial welfare of Canada. This gave it the privilege to issue bank notes in Canada. The Bank of Canada released the first series of bank notes on March 11, 1935.

In the beginning, all denominations of the bank notes came in two languages, English and French. The designs were the same except for the different languages.

The 1935 $1 Canadian Bank Note had King George V on the front and a picture of agricultural allegory on the reverse. The bill was mostly green.

The blue 1935 $2 Canadian Bank Note featured Queen Mary on the obverse and a scene of transportation allegory on the back.

The 1935 $5 Canadian Bank Note portraid a picture of Edward, the Prince of Wales, on the front and it had a picture electrical power allegory on the back; it was mostly orange.

The dark purple 1935 $10 Canadian Bank Note pictured Princess Mary on the obverse with a picture of harvest allegory on its back.

The 1935 $20 Canadian Bank Note had a rose red color featuring Princess Elizabeth on the front and agricultural allegory on the reverse of it.

The 1935 $50 Canadian Bank Note was mostly reddish brown in color featuring Prince Albert, Duke of York, on the obverse and it had allegorical pictures of modern inventions at the time on the reverse.

The Duke of Gloucester, Prince Henry, was portraid on the front of the dark brown 1935 $100 Canadian Bank Note while a scene of commerce and industry allegory was pictured on the back of it.

The olive green 1935 $1000 Canadian Bank Note had Sir Wilfrid Laurier featured on the obverse with a picture of security allegory on the back of the note.

The two notes special to the 1935 Series were:

The 1935 $25 Canadian Bank Note, which was a commemorative the silver jubilee of King George V. The bill was mostly purple; it had King George V and Queen Mary on the front and the Windsor Castle on the back.

The 1935 $500 Canadian Bank Note, which was mainly sepia in color, had Sir John A. Macdonald, Canada’s first Prime Minister, on the obverse and a picture of fertility allegory on the reverse.

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In 2001, a new series of Canadian banknotes was released to honor Canada’s achievements, culture, and its history. The first of the bills released was the $10 bank note in 2001 followed by the $5 in 2002. Later in the year of 2004, the Bank of Canada issued a $100 note in March, a $20 note in September, followed by the $50 bill later in November. Following in May of 2005, the $10 bill was changed with more advanced security features along with the $5 banknote which was released again in November of 2006.

The original $5 and $10 Journey Series Notes had four security points:

1) Three maple leaves that shined brightly when you tilt the note.

2) There was a see-through number to the left of the portrait.

3) There are three places where the ink is thicker, giving it a raised feel to it.

4) On the portrait is a picture of the Coat of Arms along with “BANK OF CANADA” and “BANQUE DU CANADA”  which only appears under UV light.

The more recent $5 and $10 bills along with the $20, $50, and $100 notes have six updated security points:

1) A metallic, holographic stripe that goes width-wise on the left side of the note.

2) A small watermark of the portrait to the right of the actual portrait.

3) Security threads that change from gold to green when you tilt the bill.

4) A see-through number when the note is held up to the light can be seen just to the left of the giant number.

5) Places on the bill, such as the coat of arms, portrait, big number, and the wording “BANK OF CANADA” and “BANQUE DU CANADA” have thicker ink, giving these areas a raised feel to them.

6) On the portrait, the bill’s worth, “BANK OF CANADA”, and “BANQUE DU CANADA” appears under UV light in yellow and red.

The Canadian $5 note has Sir Wilfrid Laurier on the obverse and the reverse shows a picture of children playing.

The Canadian $10 banknote has Sir John A. Macdonald pictured on the front while the back on the bill has a scene representing a Remembrance Day.

The Canadian $20 Journey Series note has Queen Elizabeth II on the obverse and the reverse represents Canada’s arts and culture.

The 2004 Canadian $50 bill shows William Lyon Mackenzie King’s portrait on the front and the reverse represents nation building.

The 2004 Canadian $100 Journey Series banknote portrays Sir Robert Laird Borden on the front while pictures of Canada’s exploration and innovation are on the back.
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