Canadian Paper Money] . This page will attempt to answer questions pertaining to Canadian Paper Money.љ ... 4) What does the "*" beside the serial number represent? ... Following the creation Canada's central bank, the Bank of Canada introduced its first paper money issue.љ ... Starting with the 1954 Bank of Canada issue, defective notes produced during the printing process were replaced by these 'replacement notes' which carried the asterisk before the serial number.љ ...