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5 Dollars

Issuer Bank of Hamilton
Year 1904
Type Standard circulation banknote
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Obverse description The obverse presents a central allegorical vignette at left of a seated female figure representing Commerce or Prosperity, attended by cherubic putti and resting against a stone plinth, rendered in fine intaglio engraving. At upper centre the bank title BANK OF HAMILTON is set within a decorative letterpress heading beneath the overprint DOMINION OF CANADA. The right portion carries a large guilloche numeral 5 medallion flanked by floral rosette ornaments, with the promise text and date line reading Hamilton, 2 Jan 1904 inscribed in script, and two manuscript signatures appearing below.
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Reverse lettering BANK OF HAMILTON
DOMINION OF CANADA
5
FIVE
FIVE
5
WESTERN BANK NOTE & ENGRAVING CO., CHICAGO
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Comments

The Bank of Hamilton was a Canadian chartered bank that operated from 1872 until its absorption by the Canadian Bank of Commerce in 1924, following a period of serious financial strain. This note was printed in Chicago by the Western Bank Note & Engraving Company, a firm that handled a significant volume of Canadian chartered bank work during this period — the cross-border arrangement was entirely routine, as Canadian banks regularly sourced engraving from American security printers.

The Bank of Hamilton's later years were troubled; by the early 1920s its capital position had deteriorated badly enough that the merger with the Canadian Bank of Commerce was effectively a rescue. Notes from the 1904 series predate that decline by two decades.

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