Catalog
2 Dollars = 10 Shillings
| Issuer | Commercial Bank of New Brunswick, St. John |
|---|---|
| Year | 1860 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse lettering | COMMERCIAL BANK |
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| Protection type | Lathe-work guilloche |
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| Comments |
The Commercial Bank of New Brunswick was a short-lived institution — chartered in 1834, it collapsed during the banking difficulties of the 1860s, which makes surviving notes from this period genuinely scarce rather than artificially so. The dual denomination expressed as both dollars and shillings reflects the transitional monetary environment in pre-Confederation New Brunswick, where sterling accounts and decimal reckoning coexisted in daily commerce well into the decade.
New England Bank Note Company of Boston handled a significant share of Maritime Canadian private bank printing during this period. Their lathe-work guilloche work was considered competitive with that of American Banknote Company, though the firm was absorbed before Confederation rendered these notes obsolete.