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10 Dollars

Issuer Mechanics Bank, St. John's
Year 1837
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Composition Cotton paper
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Reverse description Plain unprinted reverse.
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Variants S1867 - dated 20.05.1837
S1867 - dated 21.05.1837
Comments

The Mechanics Bank of St. John's, Newfoundland was a short-lived private institution operating during the era when Newfoundland remained a British colony, entirely separate from the Canadian monetary system. Rawdon, Wright, Hatch & Co. — the New York engraving house that would later evolve into the American Bank Note Company — handled the printing, a common arrangement for colonial issuers who lacked access to domestic security printers of comparable quality.

1837 was a year of severe financial panic across North America, and many small private banks that issued notes that year did not survive the decade. Whether the Mechanics Bank weathered it is worth verifying before writing provenance assumptions into a sale.