5 Dollars

The Colonial Bank of Canada was a short-lived institution — chartered in 1856 and absorbed into the Canadian banking system before Confederation reshaped the financial order. This 1859 note represents one of the few denominations it actually placed into circulation, printed by the American Bank Note Company at a moment when ABNC was consolidating its dominance over Canadian chartered bank work, absorbing several smaller security printing firms through the late 1850s.

Pick #1670 is genuinely scarce. The bank's brief operating life meant limited print runs and little reason for the public to retain examples after redemption windows closed.