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1 Pound The Canadian Bank of Commerce
| Issuer | The Canadian Bank of Commerce |
|---|---|
| Year | 1921 |
| Type | Log in to see details |
| Value | 1 Pound |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central intaglio vignette of Mercury flanked by two allegorical female figures, with the bank seal positioned at centre. Fine guilloche border work frames the entire composition, executed in detailed intaglio engraving. |
| Reverse lettering | ONE POUND |
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| Comments |
The Canadian Bank of Commerce was one of the last chartered banks in Canada still issuing its own currency under the Bank Act provisions that permitted private note issuance — a practice that ended definitively with the 1944 revision centralizing all circulation through the Bank of Canada. A pound-denominated note from a Canadian chartered bank in 1921 is genuinely anomalous: sterling-based denominations had been functionally obsolete in Canada since Confederation, and this note almost certainly circulated in Newfoundland, which remained a separate dominion and retained pound currency until joining Canada in 1949.
The American Bank Note Company's Ottawa facility handled the printing, one of relatively few ABNC productions from their Canadian plant rather than New York.