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1 Dollar
| Issuer | Bank of Canada / Banque du Canada |
|---|---|
| Year | 1937 |
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| Reference(s) | P#58 |
| Obverse description | Green and black note with a central oval vignette of King George VI in military uniform, flanked by the bilingual inscriptions BANK OF CANADA and BANQUE DU CANADA in bold letterpress at left and right. The denomination ONE DOLLAR / UN DOLLAR appears along the lower panel, with serial numbers printed in red at upper left and upper right, and two manuscript signatures below the central vignette over the Ottawa date of 2nd January 1937. |
|---|---|
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| Reverse description | Printed entirely in green, the reverse centres on an elaborate allegorical vignette of a seated female figure representing Canada or Prosperity, enthroned between classical columns with agricultural produce and symbolic objects around her, executed in fine intaglio engraving. Large numeral 1 panels in ornate guilloche frames appear at left and right, with the bilingual bank name arching across the top and ONE DOLLAR / UN DOLLAR along the lower border. The printer's imprint CANADIAN BANK NOTE COMPANY, LIMITED. appears in small type at the bottom centre. |
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| Comments |
The 1937 series was the first issued under the Bank of Canada's own authority following the nationalization of the bank in 1938 — though the notes predate that event, having been prepared while the institution was still technically privately held. Three signature combinations exist for this denomination, reflecting successive changes in the position of Deputy Governor: Osborne was replaced by Gordon, then Coyne, all while Towers held the Governorship continuously from 1934 to 1954.
The Osborne-Towers pairing is the scarcest of the three by a considerable margin, having been superseded quickly.