2 Dollars

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.