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2 Dollars
| Issuer | Union Bank of Prince Edward Island |
|---|---|
| Year | 1875 |
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| Shape | Rectangular |
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| Obverse description | The obverse is printed in black on white paper and carries the heading DOMINION OF CANADA at the top, with the bank title UNION BANK of Prince Edward Island in large bold lettering across the centre. A central vignette presents a seated allegorical female figure at a spinning wheel, flanked by two numeral 2 counters; a secondary side vignette at the lower left shows a male figure. The denomination TWO DOLLARS ON DEMAND is inscribed below the central vignette, with manuscript date line reading Charlottetown, March 1st 1875, and printed signature lines for Cashier and President at the foot. |
|---|---|
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| Reverse lettering | UNION PRINCE EDWARD ISLAND BANK 2 2 |
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| Comments |
The Union Bank of Prince Edward Island was chartered in 1865, just before Confederation swept the island into Canada in 1873. By 1875, when this note was issued, the bank was operating under Dominion charter conditions while still carrying the distinct identity of an institution rooted in colonial-era commerce. It would ultimately be absorbed by the Bank of Nova Scotia in 1883.
The American Bank Note Company printing credit is genuine here — ABNC maintained extensive work with Maritime and Canadian provincial banks throughout this period, and the New York origin of the plate is not in question.
Prince Edward Island's banking history is thin enough that surviving notes from any of its chartered institutions attract serious collector interest, and the Union Bank issued relatively few series before its dissolution.