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5 Dollars / 1 Pound 10 Pence
| Issuer | Royal Bank of Canada |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | Log in to see details |
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| 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 | 5 ANTIGUA DOLLARS THE EQUIVALENT OF £1-0-10 THE ROYAL BANK OF CANADA WILL PAY TO THE BEARER ON DEMAND AT ST JOHN'S ANTIGUA THE SUM OF FIVE DOLLARS IN ANTIGUA CURRENCY BEING THE EQUIVALENT OF ONE POUND AND TEN PENCE St. John's Antigua January 2nd 1920 Five Antigua Dollars the equivalent of £1-0-10 REDEEMABLE ONLY IN ANTIGUA |
| Reverse description | Log in to see details |
| Reverse lettering | FIVE ANTIGUA DOLLARS THE EQUIVALENT OF £1-0-10 THE ROYAL BANK OF CANADA |
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| Comments |
The Royal Bank of Canada's dual-denomination notes — expressing value simultaneously in dollars and sterling — were issued specifically for circulation in the British Caribbean territories where the bank operated branches, particularly in Trinidad, Barbados, and Jamaica. The £1/10s equivalent was a practical concession to colonies still transacting in pounds rather than dollars.
The American Bank Note Company's Ottawa facility handled the printing, which was relatively unusual — much Caribbean branch currency of this period was produced in New York. By 1920 the dual-denomination practice was already fading; most Caribbean territories had standardized sufficiently that the sterling notation was becoming redundant rather than genuinely useful.