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Printed in black and dark green intaglio on a pale guilloche underprint, the obverse carries an oval portrait vignette of Princess Mary at the left within a fine engraved frame, with a large numeral '10' set in an ornate lathe-work cartouche at centre. The bank title 'THE BANK OF CANADA' and the promise text 'WILL PAY TO THE BEARER ON DEMAND' appear above the signatures of the Deputy Governor and Governor, accompanied by the Bank of Canada seal to the right. The legend 'OTTAWA, ISSUE OF 1935' runs along the upper border, with 'TEN DOLLARS' in the lower denomination panel. |
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Executed in dark green intaglio on a fine guilloche ground, the reverse presents a central arched vignette of an allegorical female figure — representing Agriculture or Plenty — seated amid a cornucopia and agricultural implements, framed by an ornate border arch. Large intaglio numerals '10' occupy the left and right panels within elaborate lathe-work frames. The issuer name 'BANK OF CANADA' runs along the top of the arch, with 'TEN DOLLARS' in the lower border panel. |
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The 1935 Bank of Canada series was the first issued by the newly established central bank, which had opened its doors only that April. Two parallel sets were produced simultaneously — one in English, one in French — making this among the few Canadian series where denomination and language together define the variety. Pick 44 is the English-language 10 Dollar note; the French equivalent is P#45.
G.F. Towers was the Bank's first Governor, a position he held until 1954. J.A.C. Osborne served as Deputy Governor. Their signatures appear on the earliest notes of Canadian central banking history, before the bilingual consolidation of the 1937 series eliminated the dual-language approach entirely.