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5 Dollars

Issuer Crown Bank of Canada
Year 1904
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Value 5 Dollars
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Obverse description The upper portion bears the bank title 'THE CROWN BANK OF CANADA' in bold serif lettering across the top, flanked by two ornate guilloche medallions each bearing the numeral '5'. A central pastoral vignette occupies the mid-field, showing a cattle scene with cows and a bull in a landscape setting, rendered in fine intaglio engraving. The lower portion carries the place and date 'TORONTO, 1st JUNE 1904', the countersigned President's signature, and the imprint of the British American Bank Note Co., Ottawa.
Obverse lettering THE CROWN BANK OF CANADA
INCORPORATED BY ACT OF PARLIAMENT
WILL PAY TO THE BEARER ON DEMAND
FIVE DOLLARS
5
FIVE
DOLLARS
TORONTO
1st JUNE 1904
PRESIDENT
COUNTERSIGNED
BRITISH AMERICAN BANK NOTE CO. OTTAWA
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Comments

The Crown Bank of Canada was a short-lived Toronto institution, chartered in 1904 and failed outright by 1907 — one of the more abrupt collapses in Canadian banking history. Notes issued under its name had almost no window of legitimate circulation before the bank went under, and dominion authorities moved quickly to redeem and destroy outstanding paper.

Printed by BABN in Ottawa, this is among the earliest notes the Crown Bank put into the field. Survivors are genuinely scarce, and most known examples show little wear precisely because so few made it far from the teller's window before the doors closed.

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