Description
This 2010 $20 Proof Silver coin’s reverse design features a reproduction of the allegory that appeared on the original 1935 $20 bank note. It featured an Agriculture allegory: Kneeling male exhibiting the produce of the field to female Agricultural figure. Mintage 7,500. HST/GST exempt.
The Bank of Canada:
The Bank of Canada began operating 75 years ago in 1935 and was given responsibility to regulate the country's money supply and to promote the economic and financial welfare of Canada. Accordingly, it was given the exclusive right to issue Canada's bank notes. On March 11, 1935, the Bank of Canada issued its first series of bank notes.
Features of the Original Banknotes:
The front of the notes featured a portrait of a member of the royal family or of a former Canadian prime minister while allegorical figures representing Canada's growing agricultural, industrial and commercial prosperity appeared on the back. Each denomination was available in English or French, a practice that ended with the introduction of bilingual notes in 1937.
