5 Shillings

The Bank of New Brunswick was chartered in 1820 and operated out of Fredericton, making it one of the earliest chartered banks in British North America. Colonial shilling-denominated notes from this period were a practical necessity — sterling silver circulated erratically, American dollars flooded across the border, and local merchants needed something more predictable for everyday transactions.

Pick 571 is among the rarer survivors of early New Brunswick paper. Cotton-rag stock from this period is notoriously susceptible to fold breaks at the central crease, and many examples that did circulate were effectively destroyed through ordinary use within a decade.