CPM Forum

Canadian Notes => Bank of Canada Notes => Topic started by: doug62 on March 01, 2006, 02:16:03 am

Title: Why are 1937 BoC issue wider
Post by: doug62 on March 01, 2006, 02:16:03 am

Would someone mind giving me a brief history of the reason for the size reduction between '37 & '54 ? Curious...

Received a '37 and DF $1's UNC from Don Olmstead today to give to my little niece ! Nice notes Don, thanks.

Doug
p.s. This little angel has become quite skilled at differentiating between different denominations in her collection  ;D

Title: Re: Why are 1937 BoC issue wider
Post by: stevepot99 on March 01, 2006, 08:12:41 pm

they used money clips in the earlier time period and bill folds which are bigger then the wallet invented to fit in todays pant pockets

Title: Re: Why are 1937 BoC issue wider
Post by: jasper on March 01, 2006, 08:59:04 pm

I read somewhere that the size of notes were reduced from the 1923-sized ones to the current size to save money on the paper, follwoing the US's lead in reducing the costs of production.

Title: Re: Why are 1937 BoC issue wider
Post by: doug62 on May 03, 2006, 12:40:06 pm

Below is a quote from the currency museum.


http://www.currencymuseum.ca/eng/cyp/grocery_2.php

"As a cost-saving measure, the size of chartered bank and government notes was reduced in the mid-30s. This action followed a similar one taken in the United States in 1928. "

Title: Re: Why are 1937 BoC issue wider
Post by: eyevet on May 03, 2006, 01:30:53 pm

I think Doug's original question was about the difference between the size of 1937 notes and 1954 notes.
According to the catalogue (pg 232 & 247) the 1937 series measured 6" x 2 7/8" while the 1954 series measured 6" x 2 3/4".  Is there a known reason for this change?