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1.000 Dollars
| Issuer | Bank of Canada / Banque du Canada |
|---|---|
| Year | 1954 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse is printed in a uniform rose-pink palette and presents a panoramic landscape vignette of a rural Canadian river valley, with rolling hills, farmsteads, and a broad waterway receding toward a distant mountain range, all executed in fine intaglio line engraving. The scene is framed by an elaborate guilloche border with corner denominational counters reading 1000, and vertical lettering MILLE DOLLARS and ONE THOUSAND DOLLARS along the side margins. The bilingual issuer name BANK OF CANADA – BANQUE DU CANADA appears in a solid banner across the lower margin. |
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| Protection type | Watermark |
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| Comments |
The 1954 series $1,000 note was withdrawn from general circulation in 1000-dollar note was pulled from circulation in 2000 alongside the $500, primarily over concerns about use in money laundering — the Bank of Canada stopped distributing high-denomination notes rather than replacing them. By that point, most surviving examples had already migrated into collections rather than commerce.
Three signature combinations exist across the series, reflecting two changes in Bank of Canada governorship: Coyne gave way to Rasminsky in 1961 following a highly public dispute with the Diefenbaker government over monetary policy — one of the more dramatic episodes in Canadian central banking history. The Coyne-Beattie and Beattie-Coyne pairings are sometimes confused; the order of signatures changed when Coyne and Beattie swapped roles.