2 Dollars = 10 Shillings

The Agricultural Bank of Toronto was a short-lived private institution operating in the commercial chaos of pre-Confederation Upper Canada, where bank charters were scarce and unchartered "free banking" operations filled the gap. It failed in 1837, caught in the broader financial collapse that swept North American credit markets that year — the same crisis that brought down dozens of wildcat banks from New York to the frontier.

The dual denomination — two dollars expressed also as ten shillings — reflects the period's awkward monetary bilingualism, when Halifax currency, York currency, and U.S. dollar values all circulated simultaneously and traders needed conversions on the note itself.

Survivors from this issuer are rare; the bank's brief existence and subsequent failure meant redemption was incomplete and surviving stock largely unaccounted for.