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How The 1967 Centennial $1 Banknote Was Distributed

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oriole's Avatar
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 Posted 11/25/2025  11:01 am Show Profile   Bookmark this topic Add oriole to your friends list Get a Link to this Message Number of Subscribers

How-The-1967-Centennial-$1-Banknote-Was-Distributed
How-The-1967-Centennial-$1-Banknote-Was-Distributed

In 1967, Canada issued a 1 dollar banknote to celebrate its centennial. It was a regular note with "1867-1967" replacing the serial number.

It is very commonplace as so many were saved as souvenirs. I got one as a child, like everyone else, but I lived in Ottawa and had no idea until recently how they were distributed to more distant, isolated regions of the country. This item came into my LCS recently; evidently the original owner had kept all the paperwork.

The purchaser lived in Bristol, Quebec, a small town about 90 km northwest of Ottawa, where the notes were made. It appears that the purchaser just paid $1 and the Bank of Canada absorbed the registration cost of $0.55.

The note was sent from Ottawa on November 6, 1967, and from the stamps on the back, it arrived in Shawville about 100 km northwest of Ottawa on November 7, and presumably then onto Bristol, a small village about 10 km southwest of Shawville. It came via Pembroke, Ontario. As Pembroke is about 150 km northwest of Ottawa, it doesn't seem like such a direct route, but I'm sure it all made sense based on how the regional postal distribution centres were set up at the time.

It is a bit of a marvel to note the labour and cost of sending this note out, but I am guessing that they were more interested in the promotional aspects than making any profit (it was obviously a loss). The centennial celebrations were quite a big deal here in 1967. It is also interesting to note that the mail moved quicker 58 years ago!
Edited by oriole
11/25/2025 11:09 am
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Pacificoin's Avatar
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 Posted 11/25/2025  11:08 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Any bank had the dated ones or the serial # notes .
They circulated quite freely until at least
1969 .
Have to remember that one dollar note bought the
Following .
Two Imperial gallons of gas with some change!
Or .
Ten. Bags of potato chips
Or ..
Twenty paks of O Pee Chee Hockey cards !
Ahh . back when money had value!
Ten bottles of Coke as well !
Edited by Pacificoin
11/25/2025 11:09 am
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jbuck's Avatar
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oriole's Avatar
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 Posted 11/25/2025  12:09 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@pacificcoin, yes, I presume that the vast majority were distributed via the banks, but it seems there was also this option to order directly from the Bank of Canada. Why the person didn't just go to the nearest bank (no farther than Shawville) is something I don't know.
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walk2dwater's Avatar
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 Posted 11/26/2025  08:51 am  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
Interesting: thanks for sharing. I think it is very easy to lose context 60+ years later.
Were they sold in post offices (coins are still sold in them today) or at local stores?
Were they sold for $1.00 (I doubt it- I'm sure postage/handling charges would have been extra).
When I was a kid (5 years old in 1967), I recall banks opening at 10:00 & closing at 3:00. They were never opened on weekends & who knows how many banks would be open in rural Quebec (or the rest of the provinces). Getting something in the mail was like a Christmas gift (special) so I can see the appeal.
Edited by walk2dwater
11/27/2025 07:26 am
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mcshilling's Avatar
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 Posted 11/26/2025  09:45 am  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
Nice bit of history thanks for sharing.
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scopru's Avatar
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 Posted 11/27/2025  07:01 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
Interesting history as presented. I had no idea.
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CollegeBarbers's Avatar
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 Posted 11/27/2025  09:11 am  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list Get a Link to this Reply
Very interesting history! I love ephemera like this that add to the story of a particular banknote or coin.
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 Posted 11/27/2025  2:15 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
In 1967 I got 1867-1967 dated dollars from my bank (like Ozempic, I just asked), rumor at the time was these were not sent to banks by the BOC but were issued in limited numbers and only available at official Centennial events such as Expo or by authorized agents. Friends and I spurred by the rumors thought that these were sure to skyrocket in value. Turns out certain Centennial notes with serial numbers are more valuable to this day. Raw 1867-1967 dollars, which are no longer legal tender, are still only worth face value today, dealers do not want them.
Banks were open 10-3 four days a week and open late one day a week, usually Friday. Some were open late Thursday instead of Friday to accommodate people like my dad who got paid on Thursday. I don't know if these hours were set by law or customer convenience.
A dollar did go much further then, but was also much harder to earn. I was a student then and my summer job paid $70 a week, which wasn't too bad considering minimum wage was $1.25 an hour.
"Dipping" is not considered cleaning...
-from PCGS website
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