4 Dollars

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.