1973 BANK OF CANADA ONE 1 DOLLAR BANKNOTE MG0727065 ELIZABETH II NICE BILL

Features: It showcases a portrait of Queen Elizabeth II on the front and a view of Parliament Hill from the Ottawa River with tugboats on the back. The banknote's unique "rainbow printing" technique was employed to achieve its distinct coloration.
Legal Tender Status: While previously legal tender, these older Canadian banknotes, including the 1973 one-dollar bill, were officially demonetized on January 1, 2021, meaning they are no longer accepted for transactions.
Redemption: Despite being demonetized, you can still redeem them for their face value at the Bank of Canada, or you might find them to be of higher value to collectors depending on their condition and rarity (e.g., serial number prefixes, signatures).
Collectibility: The value for collectors varies significantly based on factors like condition (uncirculated notes generally fetch higher prices), specific series variations, and the presence of rare features like certain signature combinations or replacement notes.