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The toonie (also spelled twonie [1] [2] or twoonie [3] [4] ), formally the Canadian two-dollar coin ( French: pièce de 2 dollars canadiens, nicknamed deux piastres or deux piastres rond ), was introduced on February 19, 1996, by Minister of Public Works Diane Marleau. As of 2023, it possesses the highest monetary value of any circulating ...
Banknotes of the Canadian dollar are the banknotes or bills (in common lexicon) of Canada, denominated in Canadian dollars (CAD, C$, or $ locally). Currently, they are issued in $5, $10, $20, $50, and $100 denominations.
The $2 banknote was withdrawn at the same time that the coin was released. Unlike several U.S. attempts to introduce a dollar coin, the new coins were quickly accepted by the public, owing largely to the fact that the Bank of Canada and the government forced the switch by removing the $1 and $2 bills from circulation.
$2 bills can be worth some serious coin, but it all depends on what year, what condition, and what makes it attractive to a potential buyer.
The 1937 Canadian banknote series is the second series of banknotes of the Canadian dollar issued by the Bank of Canada. The banknotes were issued into circulation on 19 July 1937, [1] at which time the Bank of Canada began gradually removing banknotes from the 1935 series from circulation. [2] The $1000 banknote was issued several years later ...
The highest value is $4,500 or more for uncirculated notes from 1890, although most of those bills range from $550 to $2,500. The values are the same whether the bill has a red or brown seal.
A Commons committee recommended in 1985 that the dollar bill be eliminated despite a lack of evidence that Canadians would support the move. [8] The government argued that it would save between $175 million and $250 million over 20 years by switching from bills that had a lifespan of less than a year to coins that would last two decades. [9]
To find the value of your $2 bill, look at the year and seal color. Bills with red, brown and blue seals from 1862 through 1917 can be worth up to $1,000 or more on the U.S. Currency Auctions ...