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10 Dollars
| Issuer | The Northern Bank, Winnipeg |
|---|---|
| Year | 1905 |
| Type | Log in to see details |
| Value | 10 Dollars |
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| Obverse description | Black intaglio print on white cotton paper. The upper portion carries the bank title 'THE NORTHERN BANK' in bold serif lettering, flanked by ornate guilloche cornerpieces bearing the numeral '10' and the word 'TEN'. A central agricultural vignette depicts a horse-drawn harvesting machine at work in a grain field, with a seated operator, rendered in fine engraving. To the right, the promise text and denomination 'TEN DOLLARS' appear in letterpress, with the place and date 'Winnipeg, Nov. 1st 1905' below; a countersignature line and the president's signature appear at the lower right, with a red 'CANCELLED' overprint across the face. |
|---|---|
| Obverse lettering | THE NORTHERN BANK TEN 10 WILL PAY TO THE BEARER ON DEMAND TEN DOLLARS Winnipeg, Nov. 1st 1905 COUNTERSIGNED CANCELLED |
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| Comments |
The Northern Bank was a short-lived Canadian chartered bank, incorporated in 1905 and collapsed by 1908 — one of the more spectacular failures of the pre-federal-reserve era of Canadian private banking. Notes from its earliest issue year carry particular weight precisely because the bank never reached the point of establishing deep circulation; most surviving examples were redeemed or destroyed when the doors closed, and the remainder scattered into collections.
The American Bank Note Company printed the majority of Canadian chartered bank issues during this period, operating from its New York facilities. The ABNC's involvement here is unremarkable in itself — what matters is how few of these left Winnipeg in active use.