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10 Dollars
| Issuer | Bank of Prince Edward Island |
|---|---|
| Year | 1872 |
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| Shape | Rectangular |
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| Obverse description | Black intaglio print on white paper. Central vignette of a sailing schooner at sea in rough waters, flanked by a standing fisherman figure at left and a domed building with florals at right. Large numeral "10" in ornate lathe-work ovals at each upper corner; bank name and denomination in bold letterpress across the centre field. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Uniface green intaglio print with an elaborate guilloche border enclosing a central oval cartouche bearing the bank name in bold serif lettering. Ornate lathe-work rosettes and geometric engine-turned patterns fill the surrounding panels, with numeral "10" in mirror-image at each lateral extremity. |
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| Comments |
The Bank of Prince Edward Island was a short-lived institution, chartered in 1856 and liquidated by 1881 — a casualty of the financial consolidation that followed PEI's entry into Canadian Confederation in 1873. Notes issued in the years immediately surrounding that transition occupy an ambiguous political moment: the bank was a colonial institution that suddenly found itself operating under federal banking law it had no hand in drafting.
The British American Bank Note Company, established in Montreal in 1866, handled much of the chartered bank business in Canada during this period and printed this series. BABNC would later merge with the Canadian Bank Note Company in 1923, but in 1872 it was still building its roster of institutional clients across the new Dominion.
Given the bank's early closure, notes from this issue had a circulation window of under a decade.