The commemorative bank note is a variation of the existing $20 polymer bank note (B373) that already features a portrait of Queen Elizabeth II. The new note is identical to the current $20 note, with one distinct difference: its large window contains a range of special design elements, including a portrait of Her Majesty wearing a crown (tiara) for the first time on a Canadian bank note. The portrait is based on a 1951 image by renowned Canadian photographer Yousuf Karsh – the same photograph that inspired the portrait engraving of the Queen, without the crown, for the 1954 Canadian Landscape series of bank notes and the 1967 commemorative note celebrating Confederation. Since her accession to the throne in 1952, an image of Her Majesty has appeared on every series of Canadian bank notes.
The Bank of Canada’s Chief of Currency, Richard Wall, unveiled the commemorative note, together with the Governor General of Canada, His Excellency the Right Honourable David Johnston.
“This is a unique milestone in the history of the monarchy in our country, and the Bank of Canada is honoured to mark the occasion in this special way. Over Her Majesty’s reign, the technology behind our bank notes has continually evolved – to the state-of-the-art polymer notes we have today. It is therefore fitting that we are commemorating this historic occasion by using one of the most advanced security features of our current notes – the large holographic window,” said Mr. Wall.
The Bank of Canada will issue 40 million commemorative notes, the first of which will start to be available at financial institutions across Canada tomorrow. They will circulate alongside the existing $20 note, which will continue to be issued and will comprise the vast majority of $20 notes in circulation.
Courtesy of Alex Zlotin.