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10 Dollars

Issuer Union Bank of Canada, Winnipeg
Year 1921
Type Standard circulation banknote
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Obverse description The obverse is printed in black and green with a pink underprint, centred on a large lathe-work guilloche vignette bearing the numeral 10. Two oval portrait vignettes flank the central device, each enclosing a bust-length male portrait. The issuer's title UNION BANK OF CANADA runs across the top in bold letterpress, with the place of issue WINNIPEG and date JULY 1, 1921 inscribed below the central vignette; serial numbers appear in red at upper left and upper right.
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Reverse lettering UNION BANK OF CANADA
10 · TEN DOLLARS · 10
10
AMERICAN BANK NOTE COMPANY, OTTAWA
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Comments

The Union Bank of Canada had been operating since 1865, but by the time this note was issued it was already in its final years — the bank was absorbed by the Royal Bank of Canada in 1925, making the entire 1921 series among the last issues it would ever produce. The American Bank Note Company's Ottawa plant handled the printing, having established Canadian operations specifically to serve the country's chartered banks.

Collectors should be aware that Union Bank notes from this period were largely pulled from circulation during the Royal Bank merger and redemption process, which suppressed survival rates considerably for used examples.