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100 Dollars British American Commercial College Bank
| Issuer | British American Commercial College Bank |
|---|---|
| Year | 1864 |
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| Printer | Musgrove & Wright, Toronto |
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|---|---|
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| Reverse description | The reverse is printed in green ink and centres on an oval guilloche panel containing the note's terms of use, surrounded by ornate lathe-work borders. The text "British American Commercial College" runs diagonally along both the upper-left and lower-right margins, while the numeral "100" appears in the lower corners. The printer's imprint "Musgrove & Wright, Toronto Hamilton & Ottawa" is present at the lower centre. |
| Reverse lettering | 100 BRITISH AMERICAN COMMERCIAL COLLEGE This Note is current only in the BANKING & ACTUAL BUSINESS DEPARTMENT OF THIS INSTITUTION. THE ONLY COMMERCIAL COLLEGE in BRITISH AMERICA conducted on ACTUAL BUSINESS PRINCIPLES for the practical EDUCATION OF YOUNG MEN & BOYS. The branches of learning necessary for the Bookkeeper and the Businessman FULL COURSE Musgrove & Wright, Toronto Hamilton & Ottawa |
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| Comments |
The British American Commercial College Bank never held a banking charter and never issued legal tender — this note is a teaching instrument, printed for classroom use at the Oddfellows Hall on King Street in Toronto. Commercial colleges in mid-nineteenth-century Canada trained bookkeepers and clerks in double-entry ledger work and bill-of-exchange procedures, and realistic-looking practice notes were a standard part of the curriculum.
Musgrove & Wright operated a small Toronto print shop during the early 1860s; their work on these college notes is among the better-documented examples of non-chartered Canadian printing from the period. The $100 denomination would have represented a substantial transaction value — deliberately chosen to give students practice with high-value instruments they might rarely handle in early careers.