Redesigned $5 Journey note???

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There is an auction currently on e-bay selling an HOC Journey $5 which states:

Up for auction is a very nice crisp UNC HOC 1853229 Jenkins/Dodge note.This will very likely be a short run prefix (last prefix) as the new 5's and 10's are coming soon and the surplus inventory of notes needs to be used up. It is believed that the new 5's and 10's will be printed on a different paper with the new security features added.

Is this statement accurate or speculation?  I haven't heard about a redesigned $5 note just a $10 note.  I'm also certain just as for the other notes in the Journey series that the Bank will give significant notice for the general public about a changeover in the bank notes. The BofC will likely have an announced "unveiling" followed by release of the note to circulation 6 to 8 weeks later. They want to instill trust in Canada's currency with the public, not destabilize it...... so I can't imagine that one day these notes will just appear in curculation unannounced.  

The statement is probably based more on suspicion than fact.  The only fact that can be known at this point is that some time during 2005, the $10 notes will be redesigned with better security features.  I think there is a statement somewhere in the BoC website to this effect.  Anything beyond that statement is just speculation, rumour and guesswork.  This includes specific timelines, what exactly the new security features are, ANYTHING about the $5 note, etc.

So, before anyone reacts like Jonathan did the last time we said that the new Mackie/Merritt signatures were out, let's try and keep in mind what is fact and what is not.

Jeez that was a riot with the Mackie/Merritt signatures.  We really had him going too!  LOL (Oh and by the way, if you're wondering what those squiggly black lines are in the bottom right corner of my signature and those of several other staff.............)

The only fact that can be known at this point is that some time during 2005, the $10 notes will be redesigned with better security features.  I think there is a statement somewhere in the BoC website to this effect.

Right here (scroll down to the bottom of the press release):
http://www.bankofcanada.ca/en/press/2004/pr04-26.htm

No word about the $5.

Hello!

I read in the news paper "Le Soleil" last week that the new 10$ was to be released in may.

Jokered

I read in the news paper "Le Soleil" last week that the new 10$ was to be released in may.

Yet again, this has already been reported and discussed in a separate thread.

CLICK HERE to view the original thread.

Brent, why not move the original thread to *this* forum?  It is a Journey series note, after all.  

Done.

Bank of Canada to upgrade $5 Journey note???

No decisions has been made yet on the $5 bank note. They don't know yet.

I guess there will be a need for an upgraded fiver eventually.  When the new upgraded ten gets released next month, counterfeiters will then turn to producing phony $5's since it will be the only denomination left that is more prone to be bogus, thus expressing a need for an upgraded $5 note.

That's my $5 worth.  

Jonathan, out!

Hi people!
the teller at my CIBC branch on Sherbrooke ST. told me yesterdaythat the FIVE dollar bills will also be redesigned. She also told me (in a very hesitant way; as if it is a secret) that both fives and tens will be removed from circulation.

hope this helps!
sosso

Tellers hardly know anything.  After the release of each of the Journey notes, I was easily able to find several tellers who were completely clueless that new notes were even being released.

Until the Bank of Canada makes an announcement, it is a safe bet that the $5s as we know them today are going to be around for the foreseeable future.

Look at the Americans... They will have THREE series of notes in active printing and circulation.  The $1s and $2s will still be printed with the original 1928 designs.  The $5 will carry the 1996 black-only design.  The $10 through $100 will be the colourized 2004 (or 2005/6?) series.

Hi people!
the teller at my CIBC branch on Sherbrooke ST. told me yesterdaythat the FIVE dollar bills will also be redesigned. She also told me (in a very hesitant way; as if it is a secret) that both fives and tens will be removed from circulation.

hope this helps!
sosso

I strongly doubt that we will see any change to the $5 note before the year 2015... of course this is what i think, i just see the need to change the $5 as well

The $1s and $2s will still be printed with the original 1928 designs.  


hmmm, are you saying that US two's are coming back?

They were never gone.  Refer to the appropriate thread in the US Currency forum for followup on this matter.

The $5 should be modified ASAP. The bills of the series should all be the same in terms of security features.