10 Dollars

The Exchange Bank of Yarmouth was one of several small Nova Scotia chartered banks that survived the consolidation pressures of the late nineteenth century by serving a tightly defined regional economy — in Yarmouth's case, one built substantially on the shipping and lumber trades. The American Bank Note Company produced notes for dozens of Canadian chartered banks during this period, and the shared production infrastructure meant that plate quality was consistently high even for institutions of modest size.

Canadian chartered bank notes remained a legitimate private currency until the Bank Act revisions of 1944 finally extinguished the system. The Exchange Bank of Yarmouth did not survive that long — it was absorbed by the Bank of Nova Scotia in 1903, ending note issuance well before the federal deadline.