Catalog
10 Dollars
| Issuer | Canadian Bank of Commerce, Toronto |
|---|---|
| Year | 1888-1912 |
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| Value | 10 Dollars |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE CANADIAN BANK OF COMMERCE WILL PAY TEN DOLLARS TO BEARER ON DEMAND Toronto ESTABLISHED 1867 PAID UP CAPITAL $6,000,000 |
| Reverse description | Centre vignette of the Canadian Bank of Commerce head office building in Toronto, rendered in fine intaglio engraving in blue ink, flanked by the numeral '10' at left and right within ornate guilloche panels. The upper left corner carries a sunburst motif alongside the partial inscription 'THE CANADIAN', and the lower panel bears the inscription 'BANK OF COMMERCE' within a decorative frame. The overall design is executed in a single blue tone with intricate geometric lathe-work borders. |
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| Comments |
The Canadian Bank of Commerce was one of the country's largest chartered banks by the late nineteenth century, and its note-issuing activity under the Bank Act was substantial. The American Bank Note Company in New York handled production for a significant portion of Canada's chartered bank paper during this period — a practical arrangement given ABNC's engraving capacity, which most domestic printers couldn't match.
Chartered bank notes in Canada remained legal tender alongside Dominion government issues until the 1944 Bank Act revisions finally ended private bank note circulation. Notes from this series spanning nearly twenty-five years of issue would have seen considerable handling in commercial transactions across Ontario and the western branches the bank was aggressively expanding into after 1900.