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4 Dollars

Issuer Peoples Bank of Halifax
Year 1870
Type Standard circulation banknote
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Protection type Intricate lathe-work guilloche
Protection description Dense engraved guilloche patterns on both obverse and reverse, serving as anti-counterfeiting geometric underprint typical of British American Bank Note Co. productions of the period.
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Comments

The People's Bank of Halifax was a Nova Scotia institution operating in the years immediately after Confederation, when the question of whether Maritime banks would survive absorption into the new Dominion's financial order was genuinely unresolved. A $4 denomination was a peculiarly Maritime habit — rooted in the old currency equivalence of one pound sterling to four dollars — and Nova Scotian banks clung to it long after central Canadian institutions had abandoned non-decimal denominations.

British American Bank Note Co. was still splitting production between its Montreal and Ottawa facilities during this period, a logistical arrangement that occasionally produced subtle plate differences within the same series.

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