In this day and age, Canada has only five different banknotes ($5, $10, $20, $50, $100) that are currently being printed. This is because large amounts of money can be electronically transferred and small amounts, such as a $1, have been replaced by coins. Due to all of this, the twenty-five-cent bill, the one-dollar bill, the two-dollar bill, the four-dollar bill, the twenty-five-dollar bill, the five-hundred-dollar bill, and the thousand-dollar bill have been withdrawn from circulation.

The twenty-five-cent bill was issued  in 1870 by the Dominion of Canada. It was also known as a shinplaster. This bill was intended to be around for only a short time, but was reissued in 1900 and 1923 then recalled by the Bank of Canada in 1935.

The one-dollar bill stopped being printed in 1989 and was replaced with the loonie.

The two-dollar bill stopped being printed in 1996 and was replaced by the toonie. These are not seen very often in circulation anymore, although there was over 109,000,000 notes that were not returned to the Bank of Canada in 2006.

The four-dollar bill started being issued in 1871 by the Dominion of Canada. It was last issued in 1904 and was withdrawn in 1912 to be replaced with the five-dollar bill.

The twenty-five-dollar bill was issued by the Bank of Canada in 1935 to commemorate the silver jubilee of King George V. It was a limited release not printed in big amounts.

In 1935, the Bank of Canada issued  the five-hundred-dollar bill. It has not been printed again since.

The thousand-dollar bill stopped being printed in 2000. The demand for this bill was low and it was used for money laundering so it was withdrawn.

Canadian Coins are cool. Canadian currency or Canadian Coinage. Coins produced by the Royal Canadian Mint and circulated in Canada are called as Canadian Coins.These coins are denominated in lower denomination like cents and dollar, highest denomination being $5.Canadian dollars are available in cent and dollar. Canadian currency is classified as Nickel, Penny, Dime, Quarter, 50 cent and dollar.

Canadian Government withdrew $1 and $2 bills in 1987 and 1996 ,increasing the circulation of these coins. The Canadian Government was also keen to withdraw 1 cent coins from circulation, in 2007 but no steps were taken in that direction. There were rumors of 5$ bills too to be removed from circulation and increasing the circulation of $5 coins ,but no serious action was taken in that too.

Canadian coins are produced at the Royal Canadian Mint The wordings on the coins are printed in English as well as French ,both being the official languages of Canada.Elizabeth II ,by the grace of God ,Queen is printed on the coin in French the words are printed as Dei Gratia. The obverse side of all Canadian coins bear the picture of the Canadian Monarch.

The metal used to produce Canadian coins was bronze for 1 cent ,Silver for coins denomination above 5 cents .Gold coins were used only a Souvenirs. Around 1968 Silver as well as Bronze was replaced by Nickel.

In 1997 1 cent coins were reduced in size and copper plated. In 2000 all coins were changed to steel with copper as well as nickel plating .50 cent coins re rare I Canada circulation, though a unsuccessful attempt of increasing the circulation was made in 2002 as a special tribute to Queen Elizabeth II.

Royal Canadian Mint is known to produce many special edition coins ,these coins have known to be very popular with the coin collectors .In 2004 the Royal Canadian Mint produced a 350$ Canadian coin ,the highest denomination coin ever produced ,this coin was specially produced for the collectors market.

21ST Feb 2007 a 100 kg large coin was announced to be produced by the mint with a face value of $1 million ,made out of pure gold this coin is expected to sell at the highest price in the collectors market approximately 2.25$Million.

Bank of Canada ,Canadian Bank Note company ,Canadian Numismatic Association Canadian Paper Money Society Bank of Canada Currency Museum Royal Canadian Mint are the ones responsible in producing maintaining circulation and withdrawing of coins and currencies from the market.

Canadian coins are more Medallic like the British or Euro coins ,and very different from US coins . Canadian Coins - collect some!

Muna wa Wanjiru Has Been Researching and Reporting on Coins for Years. For More Information on Canadian Coins, Visit His Site at CANADIAN COINS

About the Author

Muna wa Wanjiru Has Been Researching and Reporting on Coins for Years. For More Information on Canadian Coins, Visit His Site at CANADIAN COINS