Bank of Canada 1954 Two Dollar Bill

Description:   1954 $2 bills were issued as “devils face” and as “modified portrait” notes. We show examples of both types in our picture guide below. If you look at Queen Elizabeth’s hair then you can see a shape that looks like a hook nose, bushy eye brows, and snarled lips. That is the identifier for the devils face note. Our guide here specifically applies to devils face notes. The modified portrait variety is many times more common than the devils face variety. All Canadian bank notes from 1954 have a similar face design. Only the colors and back designs differ between denominations. Two dollar bills are reddish brown in color and show a farm landscape with hills and trees on the back of each bank note.

Varieties:   Devils face $2 bills from 1954 were issued with two different signature combination possibilities. Some were signed by J.E. Coyne and G.F. Towers and others were signed by J.R. Beattie and J.E. Coyne. Both signature combinations sell for similar prices. What you really want to look for are notes that have a serial number that begins with an asterisk. Asterisk notes, aka replacement notes, sell for significant premiums. We are not covering all of the different varieties available for the modified portrait 1954 $2 bill series.

Quantity Printed:   88,612,000 (total applies only to Devils Face notes)

Text:   Canada – Two Dollars – Deux Dollars – Bank Of Canada – Banque Du Canada – Will pay to the bearer on demand – Ottawa 1954 – Paiera au porteur sur demande -British American bank note company limited – deputy governor – governor – sous gouverneur – gouverneur

DEVILS FACE FRONT:

MODIFIED PORTRAIT:

BANK NOTE BACK:

DETAILED IMAGE:

NEED AN APPRAISAL OR WANT TO SELL?

We are only buying 1954 Devil’s Face notes that also have a serial number that starts with an asterisk.  Please contact us if you have something like that.  Otherwise we would not be a buyer.

Manning@CanadaCurrency.com