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10 Dollars

Issuer Metropolitan Bank
Year 1902
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Value 10 Dollars
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Obverse lettering THE METROPOLITAN BANK
WILL PAY TO THE BEARER ON DEMAND
TORONTO
NOVEMBER 5TH 1902
TEN DOLLARS
TEN
PRESIDENT
American Bank Note Co. Ottawa
Reverse description The reverse is printed entirely in green, with an elaborate symmetrical guilloche pattern filling the entire field. A central circular vignette contains a heraldic coat of arms supported by two lions, enclosed within a decorative engine-turned medallion bearing the legend 'THE METROPOLITAN BANK' around its circumference. Numeral '10' counters in ornate lathe-work frames appear to the left and right of the central medallion, and the denomination 'TEN DOLLARS' is inscribed below the central vignette.
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Comments

The Metropolitan Bank was chartered in 1902 under the Canadian Bank Act, making this a first-year issue for an institution that had barely opened its doors. It merged into the Bank of Nova Scotia in 1914, giving the bank a lifespan of just twelve years — short even by the standards of Canada's consolidating chartered banking sector of that period.

American Bank Note Company's Ottawa plant handled the bulk of Canadian chartered bank printing in this era, and the quality of intaglio work from that facility was consistently high. Notes from short-lived institutions like Metropolitan tend to survive in smaller quantities simply because fewer were printed over the bank's operating life.

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