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5 Dollars = 1 Pound 5 Shillings

Emittente International Bank of Canada
Anno 1858
Tipo Accedi per vedere i dettagli
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Riferimento/i P#S1817
Descrizione del dritto The obverse is dominated by a central pastoral vignette of cattle and figures in a rural landscape, rendered in fine intaglio engraving. The bank title INTERNATIONAL BANK OF CANADA arches across the top, with TORONTO and the date September 1st 1858 inscribed below; the denomination FIVE DOLLARS appears in bold letterpress at centre, with the equivalent value ONE POUND FIVE SHILLINGS noted at lower left. Numeral 5 counters appear in each corner, with ornate guilloche work and a large V counter at lower left, while the note bears the charter notation CHARTERED BY PARLIAMENT at the base.
Legenda del dritto INTERNATIONAL BANK OF CANADA
Will Pay to Bearer on Demand FIVE DOLLARS
TORONTO
September 1st 1858
CAPITAL $1,000,000
ONE POUND FIVE SHILS
CHARTERED BY PARLIAMENT
5
FIVE
V
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Commenti

The International Bank of Canada was a short-lived chartered institution, incorporated under the Province of Canada's free banking legislation but never fully established on sound footing. It failed in 1859, barely a year after this note was issued, leaving redemption uncertain and circulating notes effectively worthless almost immediately upon collapse.

The dual denomination — five dollars alongside the sterling equivalent — reflects the monetary awkwardness of colonial Canada in 1858, still straddling British accounting conventions and the decimal dollar system formalized only that same year by the Province of Canada Currency Act.

American Bank Note Company had recently consolidated several competing New York engraving firms when it took on this commission.

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