Catalog
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| Issuer | Canadian Bank of Commerce, Toronto |
|---|---|
| Year | 1917 |
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| Value | Log in to see details |
| Currency | Dollar (1858-date) |
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|---|---|
| Obverse lettering | THE CANADIAN BANK OF COMMERCE WILL PAY TO BEARER ON DEMAND ONE HUNDRED DOLLARS TORONTO, 2ND JUNE, 1917 100 |
| Reverse description | Printed in purple-violet, the reverse presents a central oval vignette of the bank's heraldic seal incorporating a sailing vessel, flanked by two standing allegorical figures — a male figure at left bearing a caduceus and a female figure at right holding a sheaf of wheat — representing trade and agriculture. Elaborate lathe-work guilloche borders frame the entire composition, with the numeral 100 in large open-face figures at both the left and right margins. The inscription ONE HUNDRED runs along the lower margin in bold letterpress. |
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| Comments |
The Canadian Bank of Commerce was one of the few chartered banks still issuing its own currency into the late 1910s — the 1944 Bank Act amendments would eventually end that practice entirely, but in 1917 the chartered banking system remained the primary source of circulating paper. Notes of this denomination served commercial transactions, not retail ones, and high-value chartered bank issues from wartime Canada survive in small numbers simply because they moved through fewer hands.
The American Bank Note Company had a long relationship with Canadian chartered institutions, producing plates of consistently high intaglio quality. This note predates the bank's 1961 merger into the Canadian Imperial Bank of Commerce by over four decades.