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5 Dollars
| Issuer | Commercial Bank of Canada, Collingwood |
|---|---|
| Year | 1861 |
| Type | Log in to see details |
| Value | 5 Dollars |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | COMMERCIAL BANK OF CANADA WILL PAY ON DEMAND FIVE DOLLARS COLLINGWOOD CAPITAL $1,000,000 PROVINCE OF CANADA INCORPORATED BY ACT OF PARLIAMENT 5 |
| Reverse description | The reverse presents a plain, unprinted expanse of aged cotton paper, showing no vignettes, text, or decorative elements — consistent with Canadian chartered bank issues of the early 1860s where the back was left blank. |
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| Comments |
The Commercial Bank of Canada, chartered in 1857 and headquartered in Kingston, operated a branch network that extended to smaller Ontario towns including Collingwood, then a rapidly growing lake port on Georgian Bay. Branch-designated notes of this type carried the branch name in the place-of-payment field rather than the Kingston head office, a practice that helped manage local redemption obligations.
The bank collapsed in 1867 — one of the more consequential Canadian bank failures of the Confederation period — making surviving branch-issue notes from any of its smaller offices genuinely uncommon. Collingwood-payable examples are among the scarcer branch designations in the series.