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1 Piastre/Dollar
| Issuer | Mechanics Bank, St. John's |
|---|---|
| Year | 1837 |
| Type | Log in to see details |
| Value | 1 Piastre |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | MECHANICS BANK ST. JOHN'S LOWER CANADA UNE ONE Solemande Paye / Promise to pay ST. JOHN'S Rawdon, Wright, Hatch & Co. New York |
| Reverse description | Plain unprinted reverse. |
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| Comments |
The Mechanics Bank of St. John's, Newfoundland, was a short-lived institution chartered during the speculative fever of the mid-1830s. This 1837 note predates Confederation by three decades and circulates under the dual denomination — piastre and dollar — reflecting the mixed currency environment of British North America at the time, where Spanish dollar traditions still held practical weight alongside sterling.
Rawdon, Wright, Hatch & Co. were among the most prolific bank note engravers operating out of New York in this period, later absorbed into the American Bank Note Company in 1858.