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100 Dollars
| Issuer | Royal Bank of Canada |
|---|---|
| Year | 1927 |
| Type | Log in to see details |
| Value | 100 Dollars |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
| Protection description | Watermarked cotton paper with a pattern visible when held to light. |
| Variants | Log in to see details |
| Comments |
The Royal Bank of Canada was a chartered commercial bank, not a central bank — Canada did not establish the Bank of Canada until 1935, meaning private chartered banks were still issuing their own currency well into the 1930s. This note falls within that final window of chartered bank issue, printed by the Canadian Bank Note Company in Ottawa under longstanding contracts that gave CBNC a near-monopoly on Canadian chartered bank work throughout the early twentieth century.
At the $100 denomination, circulation was always limited to commercial and interbank transactions. Few would have passed through ordinary retail hands, which partly accounts for why surviving examples vary so sharply in condition.