Canada: 2010 $20 75th Anniversary of the First Bank Notes Silver Coin

Canada: 2010 $20 75th Anniversary of the First Bank Notes Coin

For almost 200 years, Canadian paper money existed in a variety of forms until the first national bank notes were issued on March 11, 1935. Each denomination featured a member of the royal family or former Canadian prime minister on the front with an allegorical figure on the back.

The Bank of Canada began operating in 1935 and was given responsibility to regulate the country’s money supply and to “promote the economic and financial welfare of Canada.” Accordingly, it was given the exclusive right to issue Canada’s bank notes. On March 11, 1935, the Bank of Canada issued its first series of bank notes.

The series of 1935 included denominations of $1, $2, $5, $10, $20, $25, $50, $100, $500 and $1,000.

Composition: 99.9% Silver

Finish: proof

Mintage: 7500

Packaging: Maroon leatherette clam style case, black flocked insert, encapsulated coin and a Certificate of Authenticity.