Bank of Canada values and prices of 1969 to 1975 banknotes
Becausea growing concern over counterfeiting, the Bank of Canada began to release a new seriesbank notes in 1969.
This series represented another complete departure in design from earlier issues:
- colourful, wavy patterns were introduced;
- a new seriesCanadian scenic vignettes was created;
- portraitsformer Canadian prime ministers were re-introduced.
The main characteristicthe new design was the use multicoloured tints beneath the dominant colour. This series was often dubbed the "multicoloured series". With the exceptionthe $1 note, the useblack ink was abandoned. Furthermore, the words "this note is legal tender" replaced the phrase "will pay to the bearer on demand," reflecting the fact that Canada's currency had long ceased to be redeemable in gold. The $1,000 denomination was not included in this issue.
Unlike previous series, the 1969-79 series did not have the same dateissue for all denominations, but rather the year in which the printing plate was produced.
Originally, the Queen's portrait was to appear on all denominations. However, the MinisterFinance requested the inclusionportraits former Canadian prime ministers on the new bank notes to enhance national identity.