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20 Dollars

Uitgever Royal Bank of Canada
Jaar 1913
Type Log in om details te zien
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Samenstelling Cotton paper
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
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Opschrift voorzijde THE ROYAL BANK OF CANADA
DOMINION OF CANADA
WILL PAY TO BEARER ON DEMAND
TWENTY DOLLARS
20 TWENTY 20
MONTREAL
JAN. 2ND 1913
American Bank Note Co. Ottawa
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
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Varianten P#S1380a - Issued note
P#S1380s - Specimen
Opmerkingen

The Royal Bank of Canada's pre-WWI chartered bank issues occupy a peculiar legal space: these were not central bank notes but private commercial paper, fully backed by the issuing bank's assets and redeemable at its counters. The Bank Act of 1871 permitted Canadian chartered banks to issue their own currency, a system that persisted until the Bank of Canada Act of 1934 finally ended private note issue — meaning notes like this one circulated alongside government Dominion Notes as everyday currency for over two decades after printing.

The American Bank Note Company's Ottawa facility handled much of the chartered bank work during this period. ABNC Ottawa was a branch operation, distinct from the New York parent, and supplied multiple Canadian chartered institutions concurrently.

MISSCHIEN OOK INTERESSANT