See full images - free registration
Continue with Google - no registration! or register with email

Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!

20 Dollars

Issuer Sovereign Bank of Canada, Toronto
Year 1907
Type Log in to see details
Value 20 Dollars
Currency Log in to see details
Composition Log in to see details
Size Log in to see details
Shape Log in to see details
Printer Log in to see details
Designer(s) Log in to see details
Engraver(s) Log in to see details
In circulation to Log in to see details
Reference(s) Log in to see details
Obverse description The obverse is engraved in a rich green palette with a central guilloche vignette enclosing the large numeral "20" and the text "TWENTY DOLLARS", flanked by corner numerals. To the left, a circular bank seal bears a crown device with the legend "THE SOVEREIGN BANK OF CANADA". At right, an intaglio portrait of King Edward VII in regal dress is positioned within an ornate frame. The upper border carries the inscription "INCORPORATED BY ACT OF PARLIAMENT" above the bank title "The Sovereign Bank of Canada", with the date "TORONTO MAY 1ST 1907" and countersigned "TWENTY DOLLARS" below the central vignette.
Obverse lettering INCORPORATED BY ACT OF PARLIAMENT
The Sovereign Bank of Canada
WILL PAY TO THE BEARER ON DEMAND
TWENTY DOLLARS
TORONTO MAY 1ST 1907
COUNTERSIGNED
TWENTY DOLLARS
THE SOVEREIGN BANK OF CANADA
American Bank Note Co. Ottawa
PRESIDENT
Reverse description Log in to see details
Reverse lettering Log in to see details
Signature(s) Log in to see details
Protection type Log in to see details
Protection description Log in to see details
Variants Log in to see details
Comments

The Sovereign Bank of Canada was chartered in 1901 and collapsed spectacularly in 1908 — one of the more sudden failures in Canadian banking history. Notes from this institution had an extremely short window of legitimate circulation, and the bank's receivership the year after this note was issued means surviving examples were frequently caught mid-circulation or redeemed at a discount during the wind-down.

The American Bank Note Company maintained a production facility in Ottawa, used for a substantial portion of Canadian chartered bank work in this period. The Sovereign Bank's failure left ABNC holding unfulfilled orders.

YOU MAY ALSO LIKE