Here are the two threads that talked about serrated notes:
http://www.cdnpapermoney.com/forum/index.php?topic=13706.0http://www.cdnpapermoney.com/forum/index.php?topic=13594.0On rarity of these notes:
With your note I have seen 3 $100 notes with this condition, 1 $50 note with this condition and now your $20.
There was some discussion about this type of condition happening post-production of the note, perhaps even purposefully made. I have yet to see anyone replicate this type of condition using any of the available tools.
In my research so far the type of condition that has been reported in the 3 $100 notes cannot be easily replicated. It is plausible that the condition is either caused by some note handling equipment post-production or even by some note handling equipment prior to packaging and distribution.
I have been closely examining edge condition of polymer notes and there is some indication that there has been some issues during cutting of the notes.
On Value of this condition
It was stated by forum members perhaps with a lot more knowledge about valuation that such notes do not have any collector value.
In case you were thinking of getting more than face please PM me - but the picture first.