Catalog
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| Issuer | The Dominion Bank |
|---|---|
| Year | 1931 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Canadian Dollar (1858-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE DOMINION BANK WILL PAY TO THE BEARER ON DEMAND TORONTO, 1ST FEB. 1931 ONE HUNDRED DOLLARS 100 |
| Reverse description | Log in to see details |
| Reverse lettering | THE DOMINION BANK ONE HUNDRED DOLLARS 100 |
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| Comments |
The Dominion Bank was a mid-sized Toronto-chartered institution that survived the worst of the Depression years before eventually merging with the Toronto-Dominion Bank in 1955. By 1931, Canadian chartered banks were still exercising their legal right to issue their own circulating notes — a privilege that would be effectively extinguished when the Bank of Canada opened in 1935 and began absorbing private bank note circulation.
A $100 denomination in 1931 was not a note that changed hands in daily commerce. High-value chartered bank notes of this period moved primarily between businesses and financial institutions, which means genuine circulation wear is uncommon — but so is survival in any form, given systematic redemption and destruction after 1935.
The Canadian Bank Note Company held the contract for this series throughout the period.