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100 Dollars / 20 Pounds, 16 Shillings, and 8 Pence Royal Bank of Canada

Issuer The Royal Bank of Canada
Year 1920
Type Standard circulation banknote
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Reverse description Printed entirely in orange on cream paper, the reverse centres on the British Royal Coat of Arms with lion and unicorn supporters, surmounted by the crown, and bearing the motto scroll 'DIEU ET MON DROIT'. Denomination panels flanking the arms read 'ONE HUNDRED TRINIDAD DOLLARS THE EQUIVALENT OF £20-16-8' on each side. The whole is enclosed within an elaborate lathe-work guilloche border with foliate corner ornaments, and the bank's name appears in a decorative cartouche at the base.
Reverse lettering ONE HUNDRED TRINIDAD DOLLARS THE EQUIVALENT OF £20-16-8 ONE HUNDRED TRINIDAD DOLLARS THE EQUIVALENT OF £20-16-8 THE ROYAL BANK OF CANADA DIEU ET MON DROIT AMERICAN BANK NOTE COMPANY, OTTAWA
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Comments

The curious dual denomination — $100 Canadian alongside its sterling equivalent — reflects the Royal Bank's heavy commercial presence in the Caribbean and Latin America during this period, where British West Indian trade still ran on sterling accounting. The conversion was fixed at the long-standing par of £1 = $4.8666, a rate with roots in the pre-Confederation monetary framework.

P#S153 is catalogued as a specimen or proof issue; no records confirm this design entered general circulation in quantity.

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