Catalog
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| Issuer | Traders Bank of Canada, Toronto |
|---|---|
| Year | 1897 |
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| Reference(s) | P#S1472 |
| Obverse description | Black intaglio print on white paper. The centre vignette presents a pastoral harvest scene with figures and farm implements set against an architectural background. Two oval portrait medallions flank the central vignette, with a bearded gentleman to the left and a clean-shaven gentleman to the right. The bank title 'THE TRADERS BANK OF CANADA' arches across the top in bold serif lettering, with the large numeral '5' appearing at each upper corner, the denomination 'FIVE DOLLARS' in a panel at the foot, and a top border inscription noting the capital. Manuscript date and signatures appear in the lower register. |
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| Obverse lettering | Log in to see details |
| Reverse description | Uniform green tint print with an elaborate guilloche-work panel filling the entire field. The large numeral '5' appears in bold at each lateral extremity within ornate lathe-work surrounds, while the bank title 'TRADERS BANK OF CANADA' is set in the central medallion against a dense geometric underprint of interlocking scrollwork and lathework borders. |
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| Comments |
The Traders Bank of Canada was chartered in 1885 and operated primarily in Ontario before being absorbed by the Royal Bank of Canada in 1912 — one of the many smaller chartered banks eliminated through consolidation in the early twentieth century. Notes from this issuer are scarce simply because the bank's network was never large, and the 1912 merger meant outstanding notes were called in and destroyed through normal redemption channels.
The British American Bank Note Company, by 1897 well established in Montreal, handled engraving and printing for a significant share of Canadian chartered bank issues of this period. BABN work from the 1890s is generally regarded as technically accomplished — fine intaglio with tight register.
Surviving examples of this issue rarely appear outside specialist Canadian banking auctions.