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10 Dollars

Issuer Commercial Bank of Manitoba
Year 1885
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Shape Rectangular
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Obverse lettering COMMERCIAL BANK OF MANITOBA
WILL PAY TO
Ten Dollars
on demand
Winnipeg, May 1885
TEN
Reverse description The reverse is largely plain, printed on light cream-coloured cotton paper with faint ruling lines and a pale ochre tint, bearing only minimal printed text and geometric border elements; the overall design is intentionally unadorned, typical of Canadian chartered bank issues of the 1880s intended to be signed and issued on the obverse face.
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Comments

The Commercial Bank of Manitoba had a short and troubled life. Chartered in 1884, it failed in 1893 after a run of bad loans in a collapsing prairie real estate market, leaving depositors with significant losses. Notes from this institution are genuinely scarce precisely because the bank never achieved wide distribution before its collapse — most of its paper circulated in a tight regional corridor.

The American Bank Note Company printed the entire series from its New York facilities, as was standard for Canadian chartered bank issues of the period seeking engraved security work of sufficient quality to deter counterfeiting.

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