Release Day for $50 Polymer?

News: Welcome to the Canadian Paper Money Forum.

My observations?  The background looks identical to the $100s - same basic shade of beige.  Without having one of the notes in my hand to compare alongside the $100, I'll venture to say I fear that these will be easily confused.

Thanks for posting this. I agree with Brent. Unless the light was bad, or the note shown is actually a test note and not the final design, we may be up for a big disappointment. I thought the $100 was bland but the $50 is even worse. I expected a much more dominant and brighter red but it's mostly beige like the hundred. Ugly.

When the BoC originally released the images of the new polymer series, the $50's were red... I will really be disappointed if they are this colour, and not the red that they are supposed to be.

From the BOC video I posted earlier, sadly it looks like it will the the same dull washed-out background/design we've seen on the $100s. I'm disappointed with the lack of liveliness in the colour/portrait design in the new $100s, looks like the $50s will be no exception. I'll miss the deep and rich red colour of the $50s we've seen since the multicolours.

Pictures from polarbear:

{http://img607.imageshack.us/img607/368/img2012030400292.jpg:http://img607.imageshack.us/img607/368/img2012030400292.th.jpg} {http://img337.imageshack.us/img337/2290/img2012030400293.jpg:http://img337.imageshack.us/img337/2290/img2012030400293.th.jpg}

These were taken by him personally at a trade show where the Bank of Canada was in attendance for the purposes of introducing the new notes to cash handlers.  This is the real deal.

I also see some shiny $20 notes on the table in these 2 pics. Those can't be the new polymer 20s?? They look like the current Journey 20s printed on polymer, so I expect they are just "concept notes" or something...

Hi members

Sorry for taking so long to get back to you with the picture.  Thanks Brent for doing that for me.  Ok here is what  got from the ever so nice rep from the B Of C.

the note is more red but not really as attractive as I would of wished.  compared to the Hong Kong $10 it is pinkish in comparison.

the note also has the visually impaired reader  capabilities.

this is "a real note that will be circulated to on March 26 2012"-- B of Canada rep

My observations... The window seemed a bit larger then the $100.  If you look at the serial number sure looks like a great range for a replacement..  Ok just me speculating.

That is about it. 

Oh the display had info on counterfeit detection and training .  yes  i grabbed on or two for my reading pleasure. 

cheers

Polarbear

This is an image from last June.

{http://img535.imageshack.us/img535/7429/585286346410674637bfo.jpg:http://img535.imageshack.us/img535/7429/585286346410674637bfo.th.jpg}

Cheers, Bill

Thanks for posting that picture Hounddog, that is the one I was talking about in my post.

I don't think this is the case, prefix "A" must still be printed by BABN (BA). Both CBN and BA are printing the initial supply of polymer notes until 2013. Starting in 2013 it will be exclusively CBN.

I thought that the BABN didn't make the investment in the new equipment for printing the Polymer notes and they were just doing the mop up of the Journey series.

"As a result of changing conditions in the local Canadian bank note market, BA International will cease printing bank notes for the Canadian and international market at the end of 2012," the statement read.

"The introduction of polymer bank notes in Canada significantly changes the local bank note market. Given that these notes are expected to last longer, the requirement to reprint bank notes is expected to drop from 2013 onwards," it continued.

However, the Bank of Canada and BA International have both confirmed to CBC News they are working together to save from 30 to 40 of the 190 jobs in Ottawa. The plan would include BA International performing additional services for the Bank of Canada.

So will all Canadian banks have access to these 50 dollar notes on March 26?

So will all Canadian banks have access to these 50 dollar notes on March 26?

It is unlikely that all banks will have the new $50 notes on the release date.
In most cases the larger cities tend to get them first and outlying communities shortly after that...when the $100's were released last Nov it took 2 weeks before I saw any in my area, yet I did get some the day of release in Toronto...

It also has to do with the delivery schedule the bank has with armoured services.

Bank of Canada to Begin Circulating New $50 Polymer Bank Note

OTTAWA – The Bank of Canada will begin circulating the new $50 bill – the first of the polymer bank note series that will be available in automated banking machines – on Monday, 26 March 2012.

A ceremony to officially issue the new $50 note, which highlights Canada’s commitment to Arctic research and the development and protection of northern communities, will be held at the Canadian Coast Guard’s Québec port facility, and will feature the CCGS Amundsen – the Arctic research vessel depicted on the back of the new bill.

Speaking at the event will be Mark Carney, Governor of the Bank of Canada; Shelly Glover, Parliamentary Secretary to the Minister of Finance; Marc Grégoire, Commissioner of the Canadian Coast Guard; and Louis Fortier, Scientific Director of ArcticNet.

Audio and video webcasts of the event will be available on the Bank's website. At the conclusion of the event, members of the media will have an opportunity to meet with experts to find out more about the various features of the new bill, participate in a tour of the CCGS Amundsen and purchase new $50 polymer bank notes.

http://www.bankofcanada.ca/2012/03/media-advisories/bank-canada-circulating-50-polymer/

We should also expect the bills to be available only after the launch ceremony. When the new $100s came out, RBC and Scotiabank were the first ones to have them at their main branches, and the memos they got were to only distribute them after 1:30pm.

It is unlikely that all banks will have the new $50 notes on the release date.
In most cases the larger cities tend to get them first and outlying communities shortly after that...when the $100's were released last Nov it took 2 weeks before I saw any in my area, yet I did get some the day of release in Toronto...

It also has to do with the delivery schedule the bank has with armoured services.

Banks in the GTA will have them on the 26th as long as it coincides with their cash parcel delivery schedule and orders.

I also see some shiny $20 notes on the table in these 2 pics. Those can't be the new polymer 20s?? They look like the current Journey 20s printed on polymer, so I expect they are just "concept notes" or something...

If you look really closely, those $20's you see are actually those lenticular cards that illustrate the security features of the $20 Journey notes that were issued by the Bank of Canada to educate the public, financial institutions and retailers.

Look at the picture that shows the back of the $50 and you will see the top part of the card on the $20 that's closest to the bottom of the picture