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5 Dollars

Issuer Dominion Bank
Year 1881
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Value 5 Dollars
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Obverse description The obverse is printed in blue-grey intaglio on white cotton paper. At centre, the bank title 'THE DOMINION BANK' arches across the upper portion, with the denomination 'Five Dollars' and the promise clause 'Will Pay to the Bearer on Demand' below. Two allegorical female figures flank the central text — a reclining figure to the left and a seated figure to the right holding a staff, with a circular charter vignette at lower right. Serial numbers appear at upper left and upper right, and a guilloche numeral '5' medallion occupies the lower centre. The date 'Toronto, 1st Jan. 1881' is inscribed below the main legend, with cashier and president manuscript signatures along the bottom margin.
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Reverse lettering THE DOMINION BANK
5
AMERICAN BANK NOTE COMPANY NEW YORK
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Dominion Bank was chartered under the 1871 Bank Act and opened for business in Toronto in 1871, but it took a decade before the institution had the standing — and the branch network — to justify commissioning engraved notes from the American Bank Note Company. ABNC's New York shop was the prestige choice for Canadian chartered banks in this period, and their engraved work for Dominion in 1881 was among the finer private bank productions of the decade.

Canadian chartered bank notes of this era circulated as genuine currency under federal authorization, redeemable at par. Dominion Bank itself survived until 1955, when it merged with the Bank of Toronto to form Toronto-Dominion Bank.

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