{"id":75515,"date":"2026-04-10T10:19:31","date_gmt":"2026-04-10T17:19:31","guid":{"rendered":"https:\/\/surreygold.ca\/?post_type=blog&#038;p=75515"},"modified":"2026-04-10T10:19:31","modified_gmt":"2026-04-10T17:19:31","slug":"the-1954-devils-face-banknote","status":"publish","type":"blog","link":"https:\/\/surreygold.ca\/zh\/canada-gold-surrey-blog\/the-1954-devils-face-banknote\/","title":{"rendered":"The 1954 \u201cDevil\u2019s Face\u201d Banknote: Canada\u2019s Most Controversial Currency"},"content":{"rendered":"<p><span style=\"font-weight: 200; font-size: 0.8em;\"><i>1954 $100 \u201cDevil\u2019s Face\u201d banknote. Photo courtesy of the <a href=\"https:\/\/www.bankofcanadamuseum.ca\/\" target=\"_blank\" rel=\"noopener\">Bank of Canada Museum<\/a>.<\/i><\/span><\/p>\n<pre><\/pre>\n<p>Canada\u2019s <strong>1954 \u201cDevil\u2019s Face\u201d<\/strong> banknotes are one of the most intriguing pieces of Canadian currency. Often misunderstood, their story is rooted in public perception rather than in intentional design. Here\u2019s a closer look at what these notes are, how to identify them, and what they\u2019re actually worth today.<\/p>\n<pre><\/pre>\n<h2>What is the \u201cDevil\u2019s Face\u201d Banknote?<\/h2>\n<pre><\/pre>\n<p>The term <strong>\u201cDevil\u2019s Face\u201d<\/strong> refers to a series of Canadian banknotes (formally titled <a href=\"https:\/\/www.bankofcanadamuseum.ca\/complete-bank-note-series\/1954-canadian-landscape-series\/\" target=\"_blank\" rel=\"noopener\">\u201cThe Canadian Landscape\u201d<\/a> series) issued in 1954, shortly after Queen Elizabeth II ascended the throne. This marked the first Canadian currency to feature the young Queen\u2019s portrait across all denominations, which ranged from $1 to $1,000.<\/p>\n<p>Not long after the notes entered circulation, people began to notice something unusual in the Queen\u2019s hair. The highlights and shadows in the engraving appeared to form the image of a grinning face, complete with what looked like bushy eyebrows, a hooked nose, and a mischievous smile. Many interpreted this as a <strong>\u201cdevil\u2019s face\u201d<\/strong> hidden behind the Queen\u2019s ear, and the term stuck.<\/p>\n<p>Whether you see it immediately or need it pointed out, the illusion is striking once noticed, and it quickly became a topic of public discussion.<\/p>\n<pre><\/pre>\n<h2>The Controversy and Redesign<\/h2>\n<pre><\/pre>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-75520 size-full\" src=\"https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/queen-elizabeth-ii-devils-face-portrait-e1775839575145.jpg\" alt=\"Yousuf Karsh's portrait of Queen Elizabeth II\" width=\"602\" height=\"710\" srcset=\"https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/queen-elizabeth-ii-devils-face-portrait-e1775839575145-602x551.jpg 602w, https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/queen-elizabeth-ii-devils-face-portrait-e1775839575145-480x270.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 602px) 602px, 100vw\" \/><span style=\"font-weight: 200; font-size: 0.8em;\"><i>Portrait of Queen Elizabeth II taken by Yousuf Karsh. Photo courtesy of the <a href=\"https:\/\/www.bankofcanadamuseum.ca\/\" target=\"_blank\" rel=\"noopener\">Bank of Canada Museum<\/a>.<\/i><\/span><\/p>\n<pre><\/pre>\n<p>Public reaction grew quickly, and the issue gained enough attention to reach beyond Canada. In 1956, British politician H. L. Hogg even wrote to the Canadian High Commissioner in the United Kingdom, expressing alarm over the image and suggesting it appeared too deliberate to be accidental. As the story spread, it fuelled speculation and conspiracy theories, with some blaming hidden symbolism or even the engraver himself.<\/p>\n<p>The original portrait was based on a photograph by renowned Canadian photographer Yousuf Karsh and engraved by George Gunderson, Art Director at the British American Bank Note Company in Ottawa. When comparing the engraving to the original photograph, it becomes clear that Gunderson\u2019s work closely followed the source material, and the \u201cface\u201d was simply an unintended visual illusion.<\/p>\n<pre><\/pre>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-75519\" src=\"https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/devils-face-portrait-and-engraving-comparison.jpg\" alt=\"Comparison of Queen Elizabeth II portrait with the &quot;devil's face&quot; engraving\" width=\"998\" height=\"708\" srcset=\"https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/devils-face-portrait-and-engraving-comparison.jpg 998w, https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/devils-face-portrait-and-engraving-comparison-980x695.jpg 980w, https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/devils-face-portrait-and-engraving-comparison-480x341.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 998px, 100vw\" \/><span style=\"font-weight: 200; font-size: 0.8em;\"><i>Yousuf Karsh\u2019s portrait of Queen Elizabeth II compared with George Gunderson\u2019s engraving. Photo courtesy of the <a href=\"https:\/\/www.bankofcanadamuseum.ca\/\" target=\"_blank\" rel=\"noopener\">Bank of Canada Museum<\/a>.<\/i><\/span><\/p>\n<pre><\/pre>\n<p>The Bank of Canada moved quickly to revise the design, enlisting engraver Yves Baril to adjust the portrait. In 1956, the original plates were updated to darken the highlights in the Queen\u2019s hair, removing the illusion. These revised notes are often referred to as the <strong>\u201cModified Portrait\u201d<\/strong> series, while the originals are known as the <strong>\u201cDevil\u2019s Face\u201d<\/strong> notes.<\/p>\n<pre><\/pre>\n<h2>How to Spot a \u201cDevil\u2019s Face\u201d Note<\/h2>\n<pre><\/pre>\n<p>Identifying one of these notes comes down to careful observation of the Queen\u2019s portrait. You won\u2019t be able to tell by the date as, unlike coins, banknotes show the year the series was issued (1954), not when the individual note was printed.<\/p>\n<p>Focus on the lower back section of her hair, just behind the ear. On the original 1954 notes, the pattern of highlights and shadows resembles a small face, often described as having:<\/p>\n<ul>\n<li>Two darkened \u201ceyes\u201d with bushy \u201ceyebrows\u201d above<\/li>\n<li>A defined, hooked \u201cnose\u201d shape<\/li>\n<li>A curved, almost smirking \u201cmouth\u201d<\/li>\n<li>A pointed \u201cchin\u201d<\/li>\n<li>The surrounding hair forming what looks like slicked-back hair or a forehead<\/li>\n<\/ul>\n<p>On the modified 1956 versions, this area appears darker and more blended, removing the distinct shapes that created the illusion.<\/p>\n<p>If you\u2019re unsure, comparing side-by-side images of the original and modified portraits can make the difference much clearer.<\/p>\n<pre><\/pre>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-75516\" src=\"https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/2-dollars-1954-canadian-devils-face-and-modified-banknotes.png\" alt=\"Comparison of 1954 $2 Canadian bills, one &quot;devil's face&quot; and one &quot;modified portrait&quot;\" width=\"1388\" height=\"1250\" srcset=\"https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/2-dollars-1954-canadian-devils-face-and-modified-banknotes.png 1388w, https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/2-dollars-1954-canadian-devils-face-and-modified-banknotes-1280x1153.png 1280w, https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/2-dollars-1954-canadian-devils-face-and-modified-banknotes-980x883.png 980w, https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/2-dollars-1954-canadian-devils-face-and-modified-banknotes-480x432.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1388px, 100vw\" \/><span style=\"font-weight: 200; font-size: 0.8em;\"><i>Top: 1954 $2 \u201cDevil\u2019s Face\u201d banknote. Bottom: 1954 $2 \u201cModified\u201d banknote. Photos courtesy of <a href=\"https:\/\/cdncoin.com\/\" target=\"_blank\" rel=\"noopener\">Canadian Coin &amp; Currency<\/a>.<\/i><\/span><\/p>\n<pre><\/pre>\n<h2>Are They Rare?<\/h2>\n<pre><\/pre>\n<p>Despite their reputation, <strong>\u201cDevil\u2019s Face\u201d<\/strong> notes are not as rare as many people assume. Millions were printed before the design was altered, and a significant number have survived in collections over the decades.<\/p>\n<p>However, rarity still depends on several factors, including:<\/p>\n<ul>\n<li><strong>Denomination<\/strong> (higher denominations like $100 or $1,000 are naturally scarcer)<\/li>\n<li><strong>Condition<\/strong> (crisp, uncirculated notes command higher premiums)<\/li>\n<li><strong>Serial numbers<\/strong> (low numbers, radar notes, or consecutive runs can add value)<\/li>\n<li><strong>Replacement notes<\/strong> (identified by special prefixes)\\<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">So while the notes themselves are not exceedingly rare, specific examples can still be quite collectible.<\/span><\/p>\n<pre><\/pre>\n<h2>What Are They Worth?<\/h2>\n<pre><\/pre>\n<p>The value of a <strong>1954 \u201cDevil\u2019s Face\u201d<\/strong> banknote can vary widely. A circulated $1 note may only carry a modest premium over face value, while a high-grade, uncirculated note, especially in a higher denomination, can be worth significantly more.<\/p>\n<p>Because prices fluctuate based on market demand and condition, it\u2019s important to refer to reliable pricing guides. One commonly used resource among collectors is <a href=\"https:\/\/www.coinsandcanada.com\/\" target=\"_blank\" rel=\"noopener\">Coins and Canada<\/a>, which provides updated estimates across different grades and denominations.<\/p>\n<p>It\u2019s also worth noting that online marketplaces can be misleading. Listings on platforms like eBay often show asking prices rather than actual sale values, which can create unrealistic expectations.<\/p>\n<p>For the most accurate assessment, it\u2019s best to visit a reputable numismatic specialist. <a href=\"https:\/\/surreygold.ca\/zh\/%e5%9c%b0%e9%bb%9e\/\">Many of our locations<\/a> are staffed with well-trained numismatic specialists, and all other locations consult with them as needed. We also work closely with our sister company, <a href=\"https:\/\/cdncoin.com\/\" target=\"_blank\" rel=\"noopener\">Canadian Coin &amp; Currency<\/a>, a trusted leader in professional numismatics with a legacy of serving the numismatic community since 1987.<\/p>\n<pre><\/pre>\n<h2>Final Thoughts<\/h2>\n<pre><\/pre>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-75517\" src=\"https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/50-dollars-1954-canadian-devils-face-banknote.jpg\" alt=\"1954 $50 Canadian &quot;Devil's Face&quot; banknote\" width=\"1280\" height=\"595\" srcset=\"https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/50-dollars-1954-canadian-devils-face-banknote.jpg 1280w, https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/50-dollars-1954-canadian-devils-face-banknote-980x456.jpg 980w, https:\/\/surreygold.ca\/wp-content\/uploads\/2026\/04\/50-dollars-1954-canadian-devils-face-banknote-480x223.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1280px, 100vw\" \/><span style=\"font-weight: 200; font-size: 0.8em;\"><i>1954 $50 \u201cDevil\u2019s Face\u201d banknote. Photo courtesy of <a href=\"https:\/\/www.cgb.fr\/\" target=\"_blank\" rel=\"noopener\">cgb<\/a>.<\/i><\/span><\/p>\n<pre><\/pre>\n<p>\u7684 <strong>1954 \u201cDevil\u2019s Face\u201d<\/strong> banknotes are a fascinating example of how perception can shape history. What began as an unintentional visual illusion quickly turned into a nationwide talking point, which ultimately led to a redesign of Canada\u2019s currency.<\/p>\n<p>Today, these notes remain a popular piece of Canadian numismatic history. While they may not be as rare as some believe, their story, distinctive appearance, and connection to a unique moment in time continue to make them highly collectible.<\/p>\n<p>So, if you ever come across a 1954 Canadian banknote, take a closer look &#8211; you just might spot the famous <strong>\u201cDevil\u2019s Face\u201d<\/strong> hidden within the details.<\/p>","protected":false},"excerpt":{"rendered":"<p>1954 $100 \u201cDevil\u2019s Face\u201d banknote. Photo courtesy of the Bank of Canada Museum. Canada\u2019s 1954 \u201cDevil\u2019s Face\u201d banknotes are one of the most intriguing pieces of Canadian currency. Often misunderstood, their story is rooted in public perception rather than in intentional design. Here\u2019s a closer look at what these notes are, how to identify them, [&hellip;]<\/p>\n","protected":false},"featured_media":75518,"template":"","class_list":["post-75515","blog","type-blog","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The 1954 \u201cDevil\u2019s Face\u201d Banknote: Canada\u2019s Most Controversial Currency - Surrey Gold<\/title>\n<meta name=\"description\" content=\"Discover the history, value, and how to identify a 1954 Devil\u2019s Face banknote, one of Canada\u2019s most famous and collectible currency notes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/surreygold.ca\/zh\/canada-gold-surrey-blog\/the-1954-devils-face-banknote\/\" \/>\n<meta property=\"og:locale\" content=\"zh_HK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The 1954 \u201cDevil\u2019s Face\u201d Banknote: Canada\u2019s Most Controversial Currency - 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