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1.000 Dollars
| Issuer | Bank of Canada / Banque du Canada |
|---|---|
| Year | 1954 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 181 x 92 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | CANADA ONE THOUSAND DOLLARS MILLE DOLLARS 1000 BANK OF CANADA – BANQUE DU CANADA WILL PAY TO THE BEARER ON DEMAND / PAIERA AU PORTEUR SUR DEMANDE OTTAWA 1954 DEPUTY GOVERNOR SOUS-GOUVERNEUR GOVERNOR GOUVERNEUR ONE THOUSAND MILLE Canadian Bank Note Company Limited |
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| Variants | P#83a - Signature Beattie-Coyne. (1955-61) P#83b - Signature Beattie-Rasminsky. (1961-72) P#83c - Signature Bouey-Rasminsky. (1972) P#83d - Signature Lawson-Bouey. (1973-84) P#83e - Signature Thiessen-Crow. (1987) |
| Comments |
The 1954 $1,000 note is the highest denomination ever issued for general circulation in Canada, and it remained legal tender until January 2000, when the Bank of Canada withdrew the $500 and $1,000 notes specifically to impede money laundering — a decision driven by pressure from law enforcement rather than any monetary policy consideration. By that point, virtually all surviving examples had migrated from cash transactions into collections, making true circulated specimens genuinely uncommon.
The two signature combinations reflect the changeover from James Coyne to Louis Rasminsky as Governor in 1961, a transition that followed one of the more acrimonious public disputes between a central bank governor and a federal government in Canadian history.