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100 Dollars Canadian Bank of Commerce
| Issuer | Canadian Bank of Commerce |
|---|---|
| Year | 1921 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Reverse description | Printed entirely in red, the reverse centres on the bank's circular seal bearing a galleon device and the inscription CANADIAN BANK OF COMMERCE EST. 1867, flanked by two allegorical standing figures: Mercury at left holding a caduceus, and a female figure at right carrying a sheaf of wheat. Guilloche-filled numeral panels reading 100 appear at both left and right margins, with the printer's imprint CANADIAN BANK NOTE COMPANY, LIMITED at the lower centre. |
| Reverse lettering | ONE HUNDRED CANADIAN BANK OF COMMERCE EST. 1867 CANADIAN BANK NOTE COMPANY, LIMITED |
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| Comments |
The Canadian Bank of Commerce was one of the last private chartered banks still issuing its own currency when the Bank of Canada Act of 1934 finally ended that practice. This 1921 note predates that transition by over a decade, issued during a period when Canada's chartered banks retained full note-issuing authority under the Bank Act — a system that had functioned, with periodic revisions, since Confederation.
At the $100 denomination, circulation was limited almost by definition. These moved between businesses and institutions, not through ordinary hands, which means surviving examples often show surprisingly light wear — though counting-house folds and file stamps are common on high-value chartered bank notes of this period.
Printed by the Canadian Bank Note Company in Ottawa, which had held a dominant position in Canadian security printing since the late nineteenth century.