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100 Dollars

Issuer Union Bank of Canada, Winnipeg
Year 1912
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Shape Rectangular
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Obverse description Dark green and black intaglio-printed note with a central guilloche medallion bearing the numeral '100' in large figures, flanked by two classical female allegorical vignettes at left and right margins, each draped in robes. The upper portion carries the bank title 'Union Bank of Canada' in bold serif lettering, with 'WINNIPEG' at left and 'JULY 1912' at right. The legend 'WILL PAY TO THE BEARER ONE HUNDRED DOLLARS ON DEMAND' appears beneath the central vignette, with signature lines for PRESIDENT and COUNTERSIGNED below.
Obverse lettering UNION BANK OF CANADA
WINNIPEG
JULY 1912
WILL PAY TO THE BEARER
ONE HUNDRED DOLLARS
ON DEMAND
COUNTERSIGNED
PRESIDENT
BRITISH AMERICAN BANK NOTE CO. MONTREAL & OTTAWA
100
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The Union Bank of Canada had deep roots in Quebec but by 1912 was expanding aggressively into the western provinces, with Winnipeg emerging as a regional hub during the prairie land boom. This note belongs to that expansion period, before the 1923 collapse that saw the Union Bank absorbed by the Royal Bank of Canada in one of the larger chartered bank failures of the early twentieth century.

The British American Bank Note Company, operating across its Montreal and Ottawa facilities, handled the bulk of Canadian chartered bank printing in this period. At the $100 denomination, surviving examples are predictably rare — high-value notes were redeemed and cancelled far more diligently than small denominations, and few escaped the 1923 wind-down intact.

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