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25 Cents

Issuer Dominion of Canada
Year 1923
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Shape Rectangular
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Obverse lettering DOMINION OF CANADA
25 CENTS
AUTHORIZED BY R.S.C. CAP. 31.
Reverse description Printed entirely in green. Symmetrical guilloche lathe-work fills the entire face, with two large numeral 25 medallions flanking a central floral rosette; the denomination CENTS appears in each corner panel and the value 25 is repeated at top and bottom margins.
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The 1923 25-cent Dominion note was the last of the Canadian "shinplaster" issues — a term that had stuck since the Civil War era, when soldiers supposedly used small-denomination American notes as poultices. Canada's version of the fractional currency had been revived during the First World War to prevent silver coins from being hoarded, and the series lingered into the 1920s well past any genuine emergency need.

The Hyndman-Saunders signature combination is one of four on this issue and is among the more available pairings. Shinplasters were officially demonetized in 1935 alongside the Bank of Canada's establishment.

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