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1 Dollar

Issuer Bank of Canada
Year 1935
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In circulation to 1935
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Reverse description Printed in dark green intaglio, the reverse centres on a large allegorical vignette of a seated female figure representing Commerce or Prosperity, enthroned against an elaborate landscape with foliage and cornucopia at her feet. The 'BANK OF CANADA' legend arches across the top, with the denomination 'ONE DOLLAR' in bold serif lettering along the lower border. Corner numerals '1' appear within guilloche panels at all four corners, and ornate lathe-work borders frame the entire composition.
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Protection type Watermark
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Comments

The 1935 series was the Bank of Canada's inaugural issue, released the same year the bank opened — March 11, 1935. Ottawa had deliberately kept production domestic, awarding the contract to the Canadian Bank Note Company rather than sending the work abroad as colonial-era banks had routinely done. Two signature varieties exist for the dollar denomination: Osborne/Towers and Osborne/Ralston, the latter appearing after James Ilsley replaced Ralston as Minister of Finance. Confirming which you have requires careful attention to the lower-right signature.

English and French versions were printed as entirely separate notes, not bilingual face designs — a distinction that matters for completeness collectors building the full series.