Catalog
| Issuer | Canadian Bank of Commerce |
|---|---|
| Year | 1922 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE CANADIAN BANK OF COMMERCE 20 DOLLARS IN BARBADOS CURRENCY BARBADOS BRIDGETOWN, BARBADOS ON DEMAND TWENTY DOLLARS 2ND JANUARY 1922 |
| Reverse description | Log in to see details |
| Reverse lettering | CANADIAN BANK OF COMMERCE 20 TWENTY 20 |
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| Comments |
The Canadian Bank of Commerce was one of the few Canadian chartered banks still issuing its own currency into the early 1920s, a practice that would effectively end with the 1934 Bank of Canada Act. This 1922 issue came off the American Bank Note Company's New York presses at a time when ABNC held the dominant share of Canadian chartered bank note contracts — a commercial relationship that dated back to the mid-nineteenth century and produced a remarkably consistent visual grammar across competing institutions.
Chartered bank notes of this period circulated alongside Dominion of Canada government issues, and the $20 denomination saw genuine commercial use rather than sitting idle in reserve. Survivors with honest wear are not uncommon, but unissued remainders also exist.