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10 Dollars

Uitgever Farmers' Joint Stock Banking Company, Toronto
Jaar
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Drukker American Bank Note Company
Ontwerper(s) Log in om details te zien
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Opschrift voorzijde Toronto
DIX PIASTRES
ZEHN DOLLAR
The FARMERS J.S. BANKING Co.
TEN
TEN DOLLARS
Promises to pay to Bearer on demand TEN DOLLARS at their Office
Toronto Upper Canada
Cash
Pres.
Beschrijving keerzijde The reverse is unprinted, showing only the blind offset impression of the obverse design through the paper, with fold and handling marks consistent with a circulated example. No additional vignettes, legends, or security devices appear on this side.
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Opmerkingen

The Farmers' Joint Stock Banking Company operated briefly in Toronto during the mid-nineteenth century, one of dozens of Upper Canadian chartered banks that flourished — and frequently collapsed — under the permissive banking legislation of the period. Notes issued by these institutions circulated on the strength of the issuing bank's local reputation, redeemable in specie at the counter. When a bank failed, its notes became worthless almost overnight, and holders had little recourse.

The American Bank Note Company engraving is characteristic of the high-security printing that Canadian chartered banks routinely commissioned from New York firms throughout this period, domestic printing capacity being insufficient for the volume and complexity required.