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5 Dollars
| Issuer | Niagara District Bank, St. Catharines |
|---|---|
| Year | 1872 |
| Type | Log in to see details |
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| Reference(s) | P#S1243Y |
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|---|---|
| Obverse lettering | THE NIAGARA DISTRICT BANK FIVE DOLLARS Will pay Five Dollars to bearer on demand ST. CATHARINES 1st July 1872 Cash. Prest. British American Bank Note Co. Montreal & Ottawa 5775 |
| Reverse description | Printed entirely in green on a plain white ground, the reverse carries an intricate engine-turned guilloche pattern covering the full field, composed of repeating geometric rosettes and interlocking lathe-work typical of mid-nineteenth-century security printing. A central oval panel in white reserve bears the bank name 'THE NIAGARA DISTRICT BANK' in two lines of bold serif lettering, while numeral '5' counters in white relief appear within matching guilloche medallions at the left and right margins. |
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| Comments |
The Niagara District Bank operated out of St. Catharines, Ontario, and was among the smaller chartered banks competing in the post-Confederation Canadian banking environment — a period when dozens of independent institutions still issued their own notes before the Bank Act revisions progressively consolidated that privilege. This particular series was produced by the British American Bank Note Company, which had been formed in 1866 through the merger of two competing engraving firms and quickly became the dominant supplier of chartered bank paper in Canada.
The Niagara District Bank failed in 1875, making its note-issuing period extremely brief and surviving examples genuinely uncommon.