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1 Pound Royal Bank of Canada

Issuer Royal Bank of Canada
Year 1938
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Currency Pound (1822-1969)
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Obverse lettering DOMINION OF CANADA THE ROYAL BANK OF CANADA INCORPORATED 1869. WILL PAY TO BEARER ON DEMAND ONE 1 ONE ONE POUND AT ITS BRANCH IN KINGSTON, JAMAICA CANADIAN BANK NOTE COMPANY LIMITED
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Reverse lettering THE ROYAL BANK OF CANADA 1 POUND 1 POUND ONE ONE ONE CANADIAN BANK NOTE COMPANY LIMITED DIEU ET MON DROIT
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The Royal Bank of Canada operated branches across the Caribbean for much of the twentieth century, and this pound-denominated note was issued specifically for circulation in Jamaica, where sterling-based accounting remained standard well into the colonial period. It is not a Canadian domestic note despite the issuer's name — the denomination alone makes that clear.

Canadian chartered banks retained the legal right to issue their own currency in certain overseas territories long after domestic private bank note issue had been effectively absorbed by the Bank of Canada, which had only been established in 1935. This note sits in that narrow window between the Bank of Canada's founding and the full consolidation of issue rights.

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