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5 Dollars
| Issuer | Banque Jacques Cartier |
|---|---|
| Year | 1886 |
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| Reference(s) | P#S831 |
| Obverse description | The obverse is laid out in a horizontal format with a green underprint and black intaglio printing. At left, a portrait vignette of the explorer Jacques Cartier in Renaissance-era dress occupies the left panel, while a central pastoral vignette depicts a traveller resting beside a horse and cart with a seated figure. To the right, an architectural vignette of a multi-storey building is engraved in fine detail. The denomination appears in both English ('Five Dollars') and French ('Cinq Piastres'), with the bank title 'LA BANQUE JACQUES CARTIER' arched across the upper portion alongside the date and capital statement. |
|---|---|
| Obverse lettering | LA BANQUE JACQUES CARTIER CAPITAL $300,000. MONTREAL, 1st JUNE, 1880. Cinq Piastres Five Dollars FIVE 5 CAISSIER PRÉSIDENT |
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| Comments |
The Banque Jacques Cartier was a Montreal institution that ran into serious trouble in 1899, when a run on the bank forced its closure — one of the more dramatic failures in late Victorian Canadian banking. Notes from the 1880s issues predate that collapse by over a decade, meaning they circulated through a period of apparent stability before the bank's management problems became public.
The American Bank Note Company's New York plant produced the series, as it did for a significant portion of Canadian chartered bank currency in this period. ABNC held near-monopoly status on quality commercial currency engraving in North America through the 1880s and 1890s.