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20 Dollars

Uitgever Sovereign Bank of Canada, Toronto
Jaar 1907
Type Log in om details te zien
Waarde 20 Dollars
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
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Beschrijving voorzijde 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.
Opschrift voorzijde 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
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
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Beveiligingstype Log in om details te zien
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Opmerkingen

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.

MISSCHIEN OOK INTERESSANT