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5 Dollars - Sears Gift Certificate
| Issuer | Sears Canada Inc. |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | 5 Dollars 5 CAD = EUR 3.10 |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| 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 | Log in to see details |
| Reverse description | Plain guilloche underprint in light blue-grey tones covers the entire field, printed in landscape orientation rotated 90 degrees. Bilingual redemption conditions appear at the left, a customer signature line occupies the centre, and deposit endorsement instructions with the SEARS CANADA INC. name are set at the right margin, all in black letterpress. |
| Reverse lettering | Redeemable for merchandise and services at Sears Canada Inc. Valable à l'achat de marchandise ou de services chez Sears Canada Inc. Customer signature Signature du client FOR DEPOSIT ONLY TO THE CREDIT OF DÉPÔT SEULEMENT À PORTER AU CRÉDIT DE SEARS CANADA INC. |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
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| Comments |
Sears Canada operated its gift certificate program as a closed-loop retail instrument — redeemable only within its own stores and catalogue, with no regulatory obligation to the Bank of Canada. That distinction matters: these certificates were not subject to the currency controls governing negotiable instruments, which is why denominated retail paper of this kind could circulate informally as near-cash between family members and employees without legal consequence.
Sears Canada filed for creditor protection in June 2017 and liquidated fully by January 2018. Outstanding gift certificates were voided, leaving holders with no recourse — a detail that gives surviving unspent examples an accidental finality.