Unfortunately, Queen Elizabeth the Second is on the brink of her death. At 94 years old, this could strike us at any time, and when that happens. There will be no delay to try and update there future banknotes, and coins. But this will mostly be about banknotes. Right now- try and get the newest (2018-2020) Canadian $5,$10,$20,$50 bills. They will have the Queens magnificent portrait on the back, and because of that when the queen passes away- they will become more uncommon. Once the queen passes away, then the current-prince (Prince Charles) will take the role of King of the UK. Because of that, after a few year's of the death of Queen Elizabeth II, then collect the new Canadian $5,$10,$20,$50 bills with Prince Charles. And since Prince Charles is 71 years old, he will pass away within 15-30 years. And then you will collect the newly printed Canadian $5,$10,$20,$50 bills with the next in power. And then if you play the long game- which could take 50 years. Then you would have a collection of Canadian banknotes (and even Canadian Loonies, Quarters, Dimes, Nickels and Commemorative coins) with the Next- Next of kin's portrait on the back and front.
TLDR:
Wait until Queen Elizabeth II and Prince Charles passes away, and gets power in the throne and then wait until future King Charles will pass away and the next of kin will be in power. And then you have three generation of Canadian Banknotes and Coins.
In case you would like to learn more about what would happen when our queen passes away- watch some of these videos!
Yeah, I'm keeping some of my change. Though it only appears the $20 bill has a portrait of the Queen, I'm still going to keep a full set of bills and coins.
"Be kind, rewind."
Numista referee for banknotes from Greece, Crete & the Ionian Islands.
Bit of a morbid overtone here, the Queen is more likely to abdicate than die. Her mother lived to 101½ and she looks healthy for 94. The Prince is almost 99!
I think Charles should wisely abdicate in favour of Prince William, as Charlie is too old and unpopular. He has made stupid decisions in the past and the people hold a big flame for Diana whom they consider a martyr.
There is already a glut of Elizabeth II material to collect, with at least 5 major portraits on the coins so far. Many of us have only been alive in her reign. You would have to be at least 68 years old to be alive in the reign of the Previous ruler and 85 for the King before that (I don't count Edward VIII - he was never crowned).
I love coins. Especially silver, gold and anything really old.
Member of the Royal Numismatic Society of New Zealand and the Auckland Numismatic Society
I don't think that banknotes and coins collecting will be a popular hobby in 50 years. Perhaps not all the young people those time will see them in their lifes. And if you do not use something, it would be hard to start to collect something. We can see such phenomenon now with stamps...
My personal list of scammers from Numista: erniemix, yvain, CassTaylor
But there are young people out there who will always gravitate towards coins and stamps take me. My coin collections and my 100 or so stamp albums have been my abiding love since I was 29 and early permutations going back to the age of 6. You can see my passion for these in my posts here and on Stampboards.
Mainstream they maybe flops - but there will always be a core of collectors for both groups. I myself are fascinated with Eliazabeth II coins and notes, but now my favourite reign by far for coins and stamps is George V (1910 - 1936). It has so many interesting types of coins and stamps and has that imperial glow through it.
I love coins. Especially silver, gold and anything really old.
Member of the Royal Numismatic Society of New Zealand and the Auckland Numismatic Society
Interesting serie of portraits on 20$ notes from the age of 8 up to 86 years old
I've read somewhere that Canada (or Australia may be ?) won't print anymore the portrait of the UK sovereign after queen Elizabeth II ?
Quote: "Frenchlover"Interesting serie of portraits on 20$ notes from the age of 8 up to 86 years old
I've ridden somewhere that Canada (or Australia may be ?) won't print anymore the portrait of the UK sovereign after queen Elizabeth II ?
-you may have read that on a Canadian site but I believe its speculation since the Bank of Canada (BOC) dropped John A Macdonald (1st PM) from their $10 dollar note (2018) & will be replacing Sir Wilfrid Laurier from their $5 next. Speculation is that all royal/prime ministerial figureheads will be substituted in the near future.
Great BOC link - thanks for sharing! Note that they don't show the famous "Devil's Face" series (which lasted from 1954-56) but rather the modified on the $20 (which also happens to be a *V/E replacement). All the banknotes at the BOC museum are amazing (like the 1935 $20 Specimen which also happens to be #1 note). That 1935 $20 happens to be one of the most popular (& tough) banknotes to collect (thus quite pricey- yet a bargain in terms of rarity & other nation's currency).
Re: OP- collecting QEII banknotes?
I have to side with "Moneytane" who wrote: "There is already a glut of Elizabeth II material to collect, with at least 5 major portraits on the coins so far. Many of us have only been alive in her reign."
I doubt her passing will make the majority of the millions of banknotes printed (nor coins minted) any more amazing/nor more valuable. It might spark a little renewed interest in the hobby but unlikely to create a groundswell of new banknote enthusiasts.
Usually, transitions mean that the notes and coins will be cheaper since people start saving them precisely with the idea that they'll become rare.
In Canada, the last year of Victoria's reign, 1901, is the easiest to obtain with regard to higher grade coins. Edward VII's 1902 and 1910 coins are also about the commonest. The 1911 coins of George V are not the commonest in the series, but also not that difficult to get; note that they are a one-year type ("godless" legend) which makes them more desirable. His last year, 1936, is about the easiest to get in high grade for all denominations except the 50¢. Likewise, the 1937 coins of George VI are not rare, though not the most common, but the 1952 are about the most common in high grade. Note that the first years of Elizabeth are tricky because of hair-splitting varieties combined with the "shoulder fold" vs. "no shoulder fold" varieties. Yet the basic varieties are easy to get. Likewise, 1964/65, 1989/90, and 2003, all years of transition to a new portrait.
I have heard some people claim that when a coin gets to be 100 years old, it increases in value. I have never seen this actually happen.
In the case of notes, look for transitional prefixes (if you care about those things). The Bank of Canada just appointed a new Governor (Stephen Poloz's term ended June 2). So, there's a chance that the three-letter prefix during the transition from Poloz to Macklem will be rare for either of them. And if you think about it, who else than a coin/note collector would know about this? Almost everyone will use those notes without noticing the signatures.
