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| 表面の銘文 | ログイン して詳細を見る |
| 裏面の説明 | The reverse is largely plain laid paper, with a rectangular guilloche underprint panel of two rows of interlocking lathe-work rosettes positioned in the lower centre, executed in fine engine-turned engraving typical of early 19th-century security printing. |
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| 偽造防止技術 | ログイン して詳細を見る |
| 偽造防止の説明 | Rectangular panel of engine-turned lathe-work rosettes printed on the reverse as a security underprint |
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Hudson's Bay Company fur-trade notes occupy a peculiar legal position: the HBC was never a chartered bank, yet it issued promissory notes redeemable in sterling at its London house or in made beaver — the standardized pelt unit of account still embedded in the company's trading arithmetic at the time. This note circulated almost exclusively within HBC trading posts across Rupert's Land, where coin was chronically scarce and the company effectively controlled the only available medium of exchange.
The fifty-year issuance window reflects continuous plate use rather than discrete series changes. Surviving examples are rare; most were redeemed and destroyed at the posts, and the isolation of those settlements meant attrition was severe.