canadian 1 and 2 dollar bills

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Is there a Canadian 2 dollar bill?

The Canadian 2 dollar bill has long been phased out and replaced with the toonie in 1996. In Sept. 2012, however, a 1986 $2 Canadian banknote was sold for $10,000 in an auction. It was described by the auction house as an “excessively rare note” and that “no other note of this quality has been sold for this prefix and signature combination.”

How much is a dollar bill worth in Canada?

The value of one bill can range from $20,000 to $60,000 depending on its condition, according to the website Canada Currency. Other rare bank notes, such as the $25 bill, can also fetch thousands of dollars. The $1 and the $2 notes stopped being issued in 1989 and 1996, respectively, and were replaced with the loonie and toonie.

Are Bank of Canada Bills still legal tender?

As of January 1, 2021, the $1, $2, $25, $500 and $1,000 bills from every Bank of Canada series are no longer legal tender. These bank notes have not been produced in decades, so the decision to remove them from circulation has had little impact on most of us.

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