Main Description

This 1954 Canadian $2 banknote features the Modified Portrait of Queen Elizabeth II, issued after the original “Devil’s Face” variety was withdrawn from circulation. This note is part of the general issue series bearing the MG prefix, with printed signatures of R.W. Lawson (Deputy Governor) and G.K. Bouey (Governor)

The reverse shows a rural scene titled “Canadian Landscape” — a traditional depiction from the iconic 1954 “Canadian Landscape” series. This specific note belongs to the MG–UG series with a confirmed total print run of 80,000,000 (Charlton GPM#38d).

• Pick#: P#76d

• Charlton#: BC-38d

• Country/Period: Canada — Elizabeth II

• Denomination: $2

• Year/Date: 1954

• Printer: British American Bank Note Company

• Dimensions: 152 x 70 mm

• Material: Paper

• Prefix/Serial: MG2079155

• Signatures: R.W. Lawson & G.K. Bouey

• Portrait: Queen Elizabeth II (Modified Portrait – without Devil’s Face)

• Series Type: General circulation

• Print Run: 80,000,000 (MG → UG prefixes, per Charlton 34th Ed.)

Condition: Strong original color with minor center folds and light edge handling. Visible crease line but no major tears or ink loss.

מצב: שטר סחיר עם סימני שימוש נראים לעין בהתאם לגילו.

Ships protected in a currency sleeve and padded mailer. 30-day returns.

Welcome to Treasure Trades — where every piece tells a story in metal (and paper).

Add this classic 1954 Canadian $2 note to your collection—part of the historic MG prefix run.

Why Buy:

• Iconic “Canadian Landscape” series design

• Modified portrait of Queen Elizabeth II (no Devil’s Face)

• MG prefix — part of large circulation group

• Verified print run of 80 million (Charlton BC-38d)

• Historical example of mid-century Canadian currency

• Affordable vintage collector note

Sources & Citations:

Sources:
• Charlton Standard Catalogue of Canadian Government Paper Money, 34th Edition — BC-38d
• Numista (Canada $2, 1954 Modified Portrait) — accessed 2025-11-18
• Bank of Canada Currency Museum — Portrait variant details and history

Let me know if you’d like a second listing for the Devil’s Face version for comparison or for any of the replacement/test issues!