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20 Dollars
| Issuer | Canadian Bank of Commerce, Toronto |
|---|---|
| Year | 1917 |
| Type | Log in to see details |
| Value | 20 Dollars |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE CANADIAN BANK OF COMMERCE WILL PAY TO BEARER ON DEMAND TWENTY DOLLARS TORONTO, 2ND JULY, 1917 XX |
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| Reverse lettering | BANK OF COMMERCE TWENTY 20 |
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| Comments |
The Canadian Bank of Commerce was one of Canada's dominant chartered banks, and its 1917 series was issued against the backdrop of wartime finance — Dominion currency controls were tightening, and chartered bank notes were heading toward eventual phase-out under the 1944 Bank of Canada consolidation. The American Bank Note Company's New York facilities handled production for numerous Canadian chartered institutions during this period, a long-standing arrangement that predated the war by decades.
Chartered bank notes of this era are prone to edge splits and paper brittleness along fold lines — a known weakness of the cotton stock used by ABNC for Canadian clients in the mid-to-late 1910s.