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Bank of Canada Currency from 1935

The Bank of Canada first issued paper money for the Canadian government in 1935. Ten different denominations were printed. The $25 bill is possibly the most interesting bank note from the series (surprisingly though, it wasn’t the first time such a denomination was used in Canada). Five hundred dollar bills from 1935 are definitely the rarest for the series year. Most $500 bills are worth more than $25,000. Values for any denomination are really just based on condition. High grade bank notes are worth more than low grade bank notes. Click on an image below to learn more about exact pricing. Be sure you have a Bank of Canada note (English version) and not a Banque Du Canada (French version) note. The designs are the similar, but the values are very different. We have a separate guide for currency from La Banque Du Canada.