Canada is one of two dozen countries today that prinet their money on polypropylene, which is a substrate. The reason for using a substrate is because it represents a security feature. Counterfeiters can’t easily copy notes like Canadian paper money if extremely expensive or highly unusual material is used to print it. Another advantage of using polymer to print Canadian paper money is its durability. Because of its composition, polymer resists the soiling of daily handling, can withstand extreme instances of folding and will typically last two and a half times longer than a paper note. Polymer also allows for…
Paper Money
The Story Behind the 1974 Canadian Two Dollar Banknote Image
During 1974 until 1979, the image on the $2 bill was one of Joseph Idlout and his family, preparing boats for a hunt. Most Canadians might remember this image on their Canadian paper money, or may still even have one of these bills. There is quite an interesting story behind this image. Who Was Joseph Idlout? Joseph Idlout was the grandfather of Canadian musician Lucie Idlout. She revealed to CBC Radio program DNTO recently, where the image of her grandfather and relatives comes from. She said that her father was an excellent hunter. “He was one of the first few…
Canadian Paper Money: History Of Canadian Banknotes
Throughout its history, Canadian paper money has had numerous forms, shapes, colours, and sizes. Currently, Canadian dollars are issued in $5, $10, $20, $50 and $100 paper denominations. Current notes are issued by the Bank of Canada, with its first series of notes going back as far as 1935. However, before the current series of polymer banknotes that are used today, there have been numerous iterations throughout history. British Army notes were the first paper money issued in Canada denominated in dollars. Ranging in denominations from $1 to $400, they were emergency issues due to the War of 1812 and…
Collector Tips On How To Properly Care For Paper Money
As captivating and rewarding as collecting Canadian paper money is, there’s a huge downside to it. That downside is the fact that all paper money – and paper products in general – suffer from the effects of time. If you lack the adequate tools to preserve your collection, it’s bound to perish. Therefore, if you’re aiming to keep your treasure in pristine condition, you’d be wise to brush up on the proper preservation techniques and storage options, some of which are as follows. 1. Everything Starts With Adequate Storage When talking about storing paper money – including Canadian paper money…
