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Bank of Canada releases new $5 Note |
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The second note in the modernized Canadian banknote series has finally appeared. The new Five Dollar bill, originally scheduled for release last Summer, made its appearance this week. Media reports, eBay sales offers, and photos all came to light before the notes were officially unveiled. No one is explaining the lengthy delay in issung the Fives, although it is known that the new Tens were instantly and easily counterfeited, so most suspect the Fives were delayed while new anticounterfeiting devices were explored. At a local banknote launch today, the Bank representative admitted that water soluble ink was used for one of the anticounterfeiting devices in the Tens. Presumably this mistake has been corrected in the new Fives. |
 The new Five bears the Knight/Dodge signature combo and the 2002 date. The dozen or so examples we have seen all had the three letter serial number prefix ANV. The traditional blue colour scheme is maintained with this note. Prime Minister Wilfred Laurier shares one side of the note with the West Block of Parliament and the three phantom gold maple leaves anticounterfeiting device. |
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| Another anticounterfeiting device, the Bank of Canada Coat of Arms, is hidden in the portrait, and fluoresces under ultraviolet light. To aid the visually impaired and deter forgers, six raised dots can be found in the upper right corner. | ||
 The other side of the Five Dollar note is Winter themed, perhaps explaining the non-Summer release time after all. Although Canadian Women's groups lobbied for this banknote to feature the Famous Five Women's rights political workers, Ice Hockey is the main theme here. If the new Ten is the peacekeeper Ten will the new Five be the Puck Buck? |
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| Fortunately for equality advocates some of the skaters are women. There is a toboganning child, a father and daughter skating, and four hockey players skating on a frozen pond. Several large snowflakes feature prominently. The Ice Hockey theme has been popular with all of the people we have shown the new Five too. It seems especially appropriate after Canada won both the Men's and Women's Ice Hockey Gold Medals at the 2002 Winter Olympics. The note does say printed in 2001, but copyright 2002. | ||
| How many people will recognize the lines of verse from Roch Carrier's "The Hockey Sweater," a well-known National Film Board production? Then there is the number nine hockey jersey, worn by hockey greats Gordie Howe and Maurice Richard, on the back of the long haired skater. There are no nets or goalies visible, but all young skaters are wearing protective headgear.
Collectors will be keen to determine the changeover series and serial numbers. The mass media will be looking to identify the real people who may appear in the artwork used and to report the first instance of counterfeiting. |
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Newsletter #28 |
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