Bank of Canada One Dollar Bill Value Guide

The 1937 Bank of Canada One Dollar Bill is a landmark piece of numismatic history, representing the first series to feature King George VI and the introduction of bilingual English and French text. This paper banknote is highly collectible for its transition in Canadian identity and its intricate allegorical reverse depicting agriculture.

What Is Bank of Canada One Dollar Bill Worth?

The typical price range for Bank of Canada One Dollar Bill is $25 - $27 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The physical condition of the paper, with uncirculated notes commanding the highest end of the $25-$27 value range.
• The presence of crisp edges and the absence of heavy fold lines or ink staining.
• The specific serial number prefix and the signatures of the bank officials present on the bill.
• Market demand for 1937 series notes as the first bilingual currency issued by the Bank of Canada.

How to Identify Bank of Canada One Dollar Bill?

• Verify the portrait of King George VI on the obverse, which was his first appearance on Canadian paper currency.
• Check for the bilingual text format, a defining feature of the 1937 redesign compared to earlier issues.
• Examine the reverse side for the specific allegorical figure representing agriculture.
• Look for the 'Bank of Canada' title and the 1937 series date printed clearly on the note.

History of Bank of Canada One Dollar Bill

In 1937, a major redesign of Canadian banknotes occurred to introduce English and French text, reflecting Canada's bilingual nature. This series also marked the first time King George VI's portrait appeared on Canadian currency, following his ascension to the throne in 1936. The one-dollar bill in particular featured an allegorical figure representing agriculture on its reverse.