Catalog
5 Dollars Royal Bank of Canada
| Issuer | Royal Bank of Canada |
|---|---|
| Year | 1938 |
| Type | Log in to see details |
| Value | 5 Dollars |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE ROYAL BANK OF CANADA WILL PAY TO BEARER ON DEMAND AT BASSETERRE ST. KITTS DOLLARS THE EQUIVALENT OF £1-0-10 FIVE ST. KITTS DOLLARS THE EQUIVALENT OF £1-0-10 THE SUM OF FIVE DOLLARS IN ST. KITTS CURRENCY REDEEMABLE ONLY IN ST. KITTS GENERAL MANAGER PRESIDENT CANADIAN BANK NOTE COMPANY, LIMITED |
| Reverse description | Log in to see details |
| Reverse lettering | FIVE ST. KITTS DOLLARS THE EQUIVALENT OF £1-0-10 DIEU ET MON DROIT THE ROYAL BANK OF CANADA CANADIAN BANK NOTE COMPANY, LIMITED |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The Royal Bank's 1938 chartered bank notes were among the last private Canadian currency issues to see genuine circulation before the Bank of Canada's gradual monopolization of the note supply effectively ended the chartered bank era. The Bank of Canada Act of 1934 and subsequent amendments allowed existing chartered bank issues to remain legal tender but systematically squeezed them out — by 1944, chartered banks could no longer issue new notes in denominations under $5, and the Royal Bank was among the institutions that quietly wound down its circulation role in the years that followed.
Canadian Bank Note Company produced this series at its Ottawa facility, which also handled Dominion of Canada and early Bank of Canada printing — a useful detail when differentiating printer from issuer on notes that carry both institutional names.