The 1979 Canadian $20 bill, featuring the iconic image of Queen Elizabeth II, is a piece of history for collectors and enthusiasts. Its design and specific features, along with its current market value, make it a sought-after item for anyone interested in Canadian numismatics. While not as rare as some older Canadian banknotes, the 1979 $20 bill holds significance for its place in the evolution of Canadian currency and its unique characteristics.
The Design and Features of the 1979 $20 Bill
The 1979 Canadian $20 bill, like other banknotes of the era, incorporated a series of security features to deter counterfeiting. These features included:
- Watermarks: A portrait of Queen Elizabeth II was visible when held up to a light source.
- Security Thread: A thin, embedded thread running vertically through the bill, featuring the denomination "20" repeated along its length.
- Intaglio Printing: The raised printing of certain elements, like the portrait, gave the bill a distinct texture.
- Microprinting: Tiny lettering too small to be read with the naked eye was incorporated into the design.
Key Design Elements:
- Front: The bill prominently featured a portrait of Queen Elizabeth II, accompanied by the denomination "TWENTY DOLLARS" on the left side. A Canadian shield symbolizing unity and strength was placed at the top right.
- Back: The reverse side showcased the Canadian Parliament Buildings in Ottawa, a symbol of Canadian democracy and history.
The Value and Significance of the 1979 $20 Bill
The value of a 1979 $20 bill can vary greatly depending on its condition, serial number, and specific features. In general, a bill in circulated condition, showing signs of wear and tear, will have a lower value compared to a bill in pristine condition.
Factors Influencing Value:
- Condition: Uncirculated or near-uncirculated bills with minimal signs of wear command higher prices.
- Serial Numbers: Certain serial numbers, such as low numbers or consecutive numbers, can be more valuable.
- Errors: Any noticeable errors or printing variations can significantly increase the value of a bill.
- Rarity: While the 1979 $20 bill is not considered a rare bill, there might be specific variations or errors that increase its value.
How to Identify and Appraise a 1979 $20 Bill
Identifying Features:
- Watermark: The presence of the watermark of Queen Elizabeth II is crucial for authenticating the bill.
- Security Thread: The security thread with repeated "20" inscriptions should be visible.
- Intaglio Printing: Feel for the raised printing, particularly on the portrait.
- Microprinting: While difficult to see without magnification, the presence of microprinting adds to the authenticity.
- Serial Number: The serial number should be clear and consistent with the design.
Appraisal and Valuation:
- Online Resources: Websites specializing in numismatics and coin collecting can provide general valuations based on condition and features.
- Professional Appraisers: A certified numismatist or professional appraiser can provide an accurate assessment of a bill's value.
Tips and Tricks for Collecting 1979 $20 Bills
- Start Simple: Begin by searching your own collections or those of family and friends. Even a bill in circulated condition can be a good starting point.
- Online Auctions and Forums: Online auction websites and numismatic forums can offer opportunities to buy and sell bills.
- Coin Dealers and Shows: Visit local coin dealers and attend coin shows to find specific bills and learn from experienced collectors.
- Condition is Key: Always prioritize bills in good condition for maximum value.
- Research and Education: Continuously educate yourself about the history and features of Canadian banknotes to become a more knowledgeable collector.
Conclusion: The 1979 $20 Bill - A Piece of Canadian History
The 1979 $20 Canadian bill serves as a reminder of a bygone era and its unique design and features make it a valuable piece for collectors. While not an incredibly rare bill, its value is influenced by condition, serial number, and potential errors. With careful research and appraisal, collectors can find and appreciate the history and significance of this iconic Canadian banknote.
