Catalog
10 Dollars
| Issuer | Union Bank of Canada, Winnipeg |
|---|---|
| Year | 1912 |
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| Value | Log in to see details |
| Currency | Dollar (1858-date) |
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|---|---|
| Obverse lettering | UNION BANK OF CANADA THE WILL PAY TO THE BEARER ON DEMAND TEN DOLLARS WINNIPEG, JULY 1ST 1912 AMERICAN BANK NOTE COMPANY, NEW YORK 10 TEN 10 TEN 10 TEN 10 TEN 10 TEN 10 TEN 10 |
| Reverse description | The reverse is executed in blue and green with ornate lathe-work rosette panels enclosing large numeral '10' counters at left and right within an elaborate guilloche frame. The central intaglio vignette presents two allegorical figures — a frontiersman and an armoured indigenous warrior — flanking a heraldic coat of arms, rendered in fine engraved detail. The bank name 'UNION BANK OF CANADA' and the word 'TEN' are inscribed below the central vignette. |
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| Comments |
The Union Bank of Canada was one of the country's older chartered banks, headquartered in Quebec City before relocating its head office to Winnipeg in 1912 — the same year this note was issued, reflecting the bank's deliberate pivot toward the booming prairie economy. Winnipeg at the time was arguably Canada's most economically aggressive city, riding grain-trade expansion that briefly made it the third-largest financial centre in the country.
The American Bank Note Company in New York handled engraving and printing for numerous Canadian chartered banks during this period, a common arrangement given the limited domestic security printing capacity. The Union Bank was absorbed by the Royal Bank of Canada in 1925, ending its independent note-issuing history.