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    A diverse group of 4 young children playing a board game.

    Playing with Economy

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    Ever wondered who decides what goes on Canadian coins or bank notes? Or why our coins have certain names and our notes are different colours? Use this guide to help answer some of your money-related questions!

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The Reluctant Bank Note

By: Graham Iddon


June 29, 2020

The imagining and re-imagining of the 1975 $50 bill

Bank note development is a process that can involve more than a dozen contributors at any given stage. And at every stage, major changes can occur. But for the Scenes of Canada $50 bill, these changes seemed especially dramatic.

bright red bank note with ring of police officers on horses on the back

Among this note’s various design proposals were three images, three thematic colours and even three printing methods. 50 dollars, Canada, 1975 NCC 1975.70.1

Sometimes the colour drives the image choice

There could be few more stereotypically Canadian scenes than a lonely, snow-covered cottage on the rocky shores of a frozen northern lake. This was the image originally intended to appear on the back of the 1975 $50 bill. For a series of bank notes with a theme of “landscape with human activity” it seemed an ideal choice. But there was a problem.

black and white painting of trees and a cottage on a frozen lake

The original photograph chosen for the back of the $50 bill is here reproduced as a painting in preparation for engraving. Painting, Canada, 1971, NCC 1993.56.576

The issue was with the colour. The established thematic colour of Canadian fifties was a bright orange. Unfortunately, it showed few images well—engravings tended to lose contrast and depth. With its many subtle tones, the frozen lake scene was not a good candidate for this colour. So, a new photograph was chosen.

same image reproduced palely in orange (left) and richly in maroon (right)

The visual disadvantage of the orange ink is clearly demonstrated by comparing the 1937 (left) with the 1935 version of our $50 bill. 50 dollars, Canada, 1937 NCC 1974.59.2 / 1935, NCC 1984.23.3

Sometimes the image drives the colour choice

Curiously, the new choice was not a landscape at all, but a scene of a ballet company in performance. It was an elegant image and the George Gundersen engraving of it a magnificent example of the engraver’s art. Ironically, at about the time of choosing an image more suitable for the orange theme, the development team decided to abandon the colour.

As it turned out, the ink had more than one strike against it. The flattened tonal range that so limited the choice of images also made spotting a counterfeit more difficult. But the decisive strike was in the ink itself: poisonous heavy metals. The team instead opted for slate grey, a dark greenish colour.

an engraving on a $20 bill of performing ballerinas

The National Ballet of Canada performs a scene from Swan Lake. The engraving was tested in slate grey ink on a $20 back frame. The $50 back design had not yet been developed. $20, test note, Canada, 1965–70, NCC 1993.56.495

Dark inks in the grey and green ranges show engravings well. The high contrast brings out fine details, presenting a serious challenge to a counterfeiter. But engraver George Gundersen was not happy with this ink choice. Despite a reproduction rich in detail, he felt slate grey made the image appear lifeless. To show the ballet vignette to its best advantage, Gundersen recommended a colour in the purple to red range: between what he called orchid and claret. The grey was rejected, and the red $50 bill was born. But then the image was changed again!

Timing changes everything

photograph of a ring of police officers on horseback

George Hunter, who shot the images for the $5 and $10 bills, was on hand to shoot this image. But he was moved aside to allow the RCMP photographer the camera position. Photograph, Donald K. Guerrette, Canada, 1972 NCC 1990.57.30

The development of this note coincided with the centennial of the Royal Canadian Mounted Police (RCMP). A scientific advisor in the Currency Department proposed that the note could honour the RCMP during its time of celebration. This proposal was accepted. So, yet another image was selected for this note: a photograph of the RCMP Musical Ride in its dome formation. But this note’s long design journey was far from over.

The $50 bill, like all previous Bank of Canada notes, was expected to feature a large engraving on the back. What we call “engraving” is really a printing process called “intaglio,” which begins by carving (engraving) an image onto a steel plate. The image areas are filled with ink and, under the extreme pressure of a printing press, the ink is transferred to paper. The resulting monotone prints are exquisitely detailed with a slightly raised surface. The engraver assigned to execute the RCMP image was a gifted 20-year veteran of the Canadian Bank Note Company, Yves Baril. But this engraver had an ambitious plan.

Mr. Baril’s surprising proposal

Baril’s plan was to create an intaglio vignette, but in full colour. He would engrave several plates, and each would be of an aspect of the image that could be represented by just one colour. When the images were printed one top of another, a full-colour scene could be created.

Baril’s plan demanded the highest of engraving skills—and it succeeded. But despite the beautiful results, this printing process was considered too laborious and expensive to be practical, so a final major change occurred to this note. Another printing method was proposed.

page with colour patches and a colour print of ring of police officers on horseback

One of Yves Baril’s test prints for his multi-plate intaglio process. Note the edges of the colour layers visible around the RCMP image. The three middle patches demonstrated how the colours mixed in patterned but empty areas. Die proof, Canada, 1974, NCC 2011.67.1326

An engraver embraces lithography

Baril proposed the same layered approach as in his intaglio experiment but using lithographic plates instead. Modern lithography uses a photographic, chemical process to create individual plates. Baril produced five lithographic plates, each carrying one of the fundamental colours seen in the image. They were printed one on top of the other, as in his previous experiment. The resulting vignette was like nothing ever before seen on Canadian money. Richly colourful, it was the signature feature of what became one of Canada’s most popular bank notes.

slideshow of five individual ink layers of RCMP vignette plus the final image
187-07 RC50 plate 02
187-07 RC50 plate 03
187-07 RC50 plate 04
187-07 RC50 plate 05
187-07 RC50 plate 06
slideshow of five individual ink layers of RCMP vignette plus the final image
187-07 RC50 plate 02
187-07 RC50 plate 03
187-07 RC50 plate 04
187-07 RC50 plate 05
187-07 RC50 plate 06

Lithography can replicate photographs, but this was never meant to look like a photograph. The careful layering of basic colours produced a far bolder image. 50 dollars, die proofs, Canada 1974–1986, NCC 2011.67.1562.032–037

A pivotal bank note

The $50 bill issued in 1975 heralded the end of the traditionally engraved vignette. Lithography took over most of our bank note imagery for all the following series. In this way, Yves Baril became the bridge between Canada’s old school of bank note printing and the future. For the 1986 Birds of Canada series, the back vignettes were entirely lithographic. Baril prepared three of the bird images for lithography and hand-engraved the portraits of Sir Wilfrid Laurier and Sir Robert Borden. He retired in 1996, just before planning began for the Canadian Journey series.

bank note vignette of ring of police officers on horses on the back

The vignette on the $50 bill was a wild departure from the monochrome images of the rest of the series and, indeed, all previous Canadian bank notes. 50 dollars, Canada, 1975 NCC 1975.70.1

Intaglio printing may have taken a back seat to lithography, but it never disappeared. Still used for portraits and other details of bank notes, intaglio’s raised print is a valued tool in the Bank’s defence against counterfeiters. And it is still a beautiful feature.

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Content type(s): Blog
Subject(s): Collection, History

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February 26, 2021

Playing with Economy

By: Graham Iddon


A diverse group of 4 young children playing a board game.
There might be only a handful of basic game formats, but there is an infinity of variations—a surprising number of which require the skills we need to manage our daily economic lives.
Content type(s): Blog Subject(s): Education
January 4, 2021

Economic Opportunity Costs

By: Graham Iddon


Man in a superhero costume crouching in an aisle of a home renovation warehouse.
With his superpowers, Peter Parker would no doubt do a fabulous job of tiling his kitchen backsplash. But as Spider-Man, he has more valuable things to do with his time.
Content type(s): Blog Subject(s): Education
November 30, 2020

How Many Groats Are in a Noble?

By: Graham Iddon


For daily users of modern money, getting an understanding of the old British system of currency can be an act of confusion and wonder. But it’s also a peep into 13 centuries of European numismatic history.
Content type(s): Blog Subject(s): Collection, History
November 27, 2020

Understanding Money: Common Questions

By: Nathan Sells


Ever wondered who decides what goes on Canadian coins or bank notes? Or why our coins have certain names and our notes are different colours? Use this guide to help answer some of your money-related questions!
Content type(s): Blog Subject(s): Education
November 2, 2020

Teaching Economics During the COVID-19 Pandemic

By: Adam Young


Authentic, teachable moments show students how the Bank of Canada is helping the economy navigate the COVID-19 pandemic.
Content type(s): Blog Subject(s): Education
October 21, 2020

The Story Behind the Engraving

By: Graham Iddon


The men on the back of this bill were part of a small community of families, a summer hunting camp called Aulatsiivik on Baffin Island.
Content type(s): Blog Subject(s): Collection, History
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