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5 Dollars
| Issuer | Quebec Bank |
|---|---|
| Year | 1908 |
| Type | Log in to see details |
| Value | 5 Dollars |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE QUEBEC BANK FOUNDED 1818 CHARTERED BY ACT OF PARLIAMENT QUEBEC FIVE DOLLARS Will pay FIVE DOLLARS to Bearer ON DEMAND 1st June 1908 PRESIDENT COUNTERSIGNED |
| Reverse description | Printed entirely in green, the reverse is dominated by a central oval vignette containing two allegorical figures flanking a heraldic shield, rendered in fine intaglio line work. Large ornate guilloche numeral 5 medallions occupy the left and right panels, surrounded by intricate lathe-work rosette patterns. The legend QUEBEC BANK appears in a straight panel at the bottom centre, with FIVE arching above the central vignette. |
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| Comments |
The Quebec Bank, chartered in 1818, was one of the older English-language commercial banks operating in Lower Canada and later Quebec. By 1908 it was already in a weakened competitive position — it would be absorbed by the Royal Bank of Canada in 1917, one of several smaller regional institutions that failed to survive the consolidation wave that reshaped Canadian banking in the early twentieth century.
The American Bank Note Company in New York handled engraving and printing for a substantial portion of Canadian chartered bank issues during this period, a pragmatic arrangement that persisted long after domestic printing capacity existed. Reference P#1361 places this note late in the Quebec Bank's independent issuing history.