Dominion of Canada One Dollar Bill Value Guide

The 1923 Dominion of Canada One Dollar Bill is a significant piece of numismatic history, representing one of the final issues before the Bank of Canada was established in 1935. Featuring the portrait of King George V, these paper notes are highly collectible as artifacts of Canada's pre-central bank monetary system.

What Is Dominion of Canada One Dollar Bill Worth?

The typical price range for Dominion of Canada One Dollar Bill is $10 - $15 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Physical condition is paramount, with crisp, uncirculated notes commanding higher prices than those with heavy folds or tears.
• The presence of specific prefix letters or rare signature combinations can increase the base value of $10-$15.
• The clarity and preservation of the King George V portrait and the surrounding decorative borders.
• The overall eye appeal, including the absence of ink stains, pinholes, or significant discoloration from age.

How to Identify Dominion of Canada One Dollar Bill?

• Verify the presence of King George V's portrait, which is the central feature of the 1923 series design.
• Check for the 'Dominion of Canada' text at the top of the note, distinguishing it from later Bank of Canada issues.
• Look for specific seal colors and series letters, such as the black or green seals found on authentic 1923 variations.
• Examine the paper quality and intricate lathe work patterns that were standard for early 20th-century Canadian currency.

History of Dominion of Canada One Dollar Bill

The Dominion of Canada issued its own banknotes from 1870 until 1935, when the Bank of Canada was established. These notes were an integral part of Canada's monetary system, circulating widely and featuring prominent figures like King George V. The 1923 series is particularly notable as it was one of the last issues before the transition to the Bank of Canada.