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5 Dollars

Issuer Halifax Banking Company
Year 1872
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Reference(s) P#S1078
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Obverse lettering THE HALIFAX BANKING COMPANY
FIVE DOLLARS
Halifax, N.S.
promise to pay the Bearer of this Note at their Bank in Halifax
the sum of FIVE DOLLARS
Cashier
President
SPECIMEN
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Variants P#S1078a - 1.10.1872; 1.10.1880
P#S1078b - Slightly modified panels, and imprint: BABNC. 1.10.1880
Comments

The Halifax Banking Company was a private chartered bank operating in Nova Scotia under the Bank Act of 1871, which federalized Canadian banking and required chartered institutions to issue notes only in standard denominations. This note dates to the earliest period of that regime. The American Bank Note Company in New York was the dominant supplier to Canadian chartered banks throughout this period — virtually every Maritime institution went to ABNC rather than domestic printers, simply because no Canadian press could match the quality of the engraving or the security features.

Halifax Banking Company was eventually absorbed by the Canadian Bank of Commerce in 1903, ending its independent note-issuing history after roughly three decades.

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