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1 Dollar / Piastre

Issuer Bank of Lower Canada
Year 1839-1851
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In circulation to 1851
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Obverse lettering LOWER CANADA
Bank of Lower Canada
A demande Payez UNE Piastre à l'ordre
de
à Quebec
ONE
UNE
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Reverse lettering LOWER CANADA
Bank of Lower Canada
ONE
UNE
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Comments

The Bank of Lower Canada was a short-lived institution chartered in 1836, operating through a period of profound political turbulence — the Rebellions of 1837–1838 had shaken confidence in Lower Canadian commerce, and many banks suspended specie payments during that stretch. That the bank survived into the 1850s at all reflects how quickly Montreal's merchant class rebuilt its financial footing after the unrest.

Rawdon, Wright & Hatch were among the most capable security printers in North America at the time, responsible for much of the early United States federal and state banknote output before eventually evolving into the American Bank Note Company in 1858. The bilingual denomination — Dollar and Piastre — reflects the dual English and French commercial culture the bank was obliged to serve.

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