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Queen On Coins And Paper Money

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nss-52's Avatar
United States
54281 Posts
 Posted 02/23/2016  1:03 pm Show Profile   Check nss-52's eBay Listings Bookmark this topic Add nss-52 to your friends list Get a Link to this Message Number of Subscribers
I am not Canadian, and am not that familiar with Canadian currency, but why is the Queen on Canadian coins but not paper money?
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skip79's Avatar
Canada
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 Posted 02/23/2016  1:12 pm  Show Profile   Bookmark this reply Add skip79 to your friends list Get a Link to this Reply
She's currently on our $20 bill, and up until the 1970s she was on all Bank of Canada paper money. The 70s was the introduction of former PMs on various bank notes, leaving the queen on just the $20 and $1,000 notes; the latter being eventually discontinued.
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AgCoinAu's Avatar
Canada
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 Posted 02/23/2016  1:19 pm  Show Profile   Bookmark this reply Add AgCoinAu to your friends list Get a Link to this Reply
The Queen has always been on the $20 since 1935 with the exception of the '37 issues


Of course in '35 she wasn't the queen... she was a princess!
Edited by AgCoinAu
02/23/2016 1:20 pm
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trout1105's Avatar
Australia
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 Posted 02/23/2016  1:22 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
In Australia the Queen is on every coin but is only on one banknote as well , The $5 note.
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Sap's Avatar
Australia
16827 Posts
 Posted 02/23/2016  5:32 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The short answer to the question is "tradition". For a slightly longer answer, read on.

In Canada, as is also the case in America and Australia, coinage and banknotes are issued under two different authorities, with different laws regulating their issue. In Canada, the relevant law for coinage design is the Royal Canadian Mint Act, of which Section 6.5 states "The Governor in Council may determine the design of any circulation coin to be issued.". In other words, the Canadian government has to formally pass legislation to change the coinage designs. I believe the Mint has a standing policy that the Queen's portrait is to always appear on the obverse of all coins, unless specifically requested otherwise.

I don't know about Canada, but here in Australia (where the laws are similar), all attempts to pass laws stripping the Queen off the coinage are usually met with cries of "Republicanism by stealth" from pro-monarchist politicians, so any such law changes are unlikely to be passed until and unless we actually become a Republic.

Banknotes are issued by the Bank of Canada and their design is governed by the Bank of Canada Act, specifically section 25.4: "The form and material of the notes of the Bank shall be subject to approval by the Minister, but each note shall be printed in both the English and French languages." In other words, the Canadian Minister of Finance has the power to unilaterally approve of changes to banknote design which the Bank itself recommends. So changing the banknote design is less politically challenging.

In the case of note issue, there is a good case to not have the same portrait on every note: it minimizes confusion. In dim light or for the visually impaired/colourblind, notes that are the same size with the same portraits but different colours could be (and in the past often were) easily confused. There's also the security aspect: with identical portraits, on identical-sized notes, a counterfeiter could easily make a note resemble a note of higher denomination simply by judicious application of chemicals. Now, they could make half a dozen different portraits of the Queen, one for each denomination, but it would be even less confusing (and potentially fraudulent) if each note has a completely different person on it. I'm sure this line of reasoning is what the Bank argued back when the Queen was stripped off most of the denominations back in the 70s.
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ibagli's Avatar
United States
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 Posted 02/26/2016  03:54 am  Show Profile   Bookmark this reply Add ibagli to your friends list Get a Link to this Reply
The tradition of putting the monarch on ALL the banknotes didn't last very long in Canada. The 1953 series was the only one with no prime ministers at all. (The reigning monarch was actually on the banknotes of overseas realms and territories first. The practice was only taken up by the Bank of England in 1960.)
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 Posted 02/26/2016  09:38 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
It's a good thing the RCM is left to decide or our currency would have a DC or Marvell designs on them, the Queen and prime ministers are fine on our currency, except for the terrible poly notes.
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