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50 Dollars
| Uitgever | Commercial Bank of Newfoundland |
|---|---|
| Jaar | 1888 |
| Type | Standard circulation banknote |
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| Valuta | Log in om details te zien |
| Samenstelling | Log in om details te zien |
| Afmetingen | Log in om details te zien |
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| Drukker | Log in om details te zien |
| Ontwerper(s) | Log in om details te zien |
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| Beschrijving voorzijde | Log in om details te zien |
|---|---|
| Opschrift voorzijde | COMMERCIAL BANK OF NEWFOUNDLAND We promise to pay the Bearer on demand FIFTY DOLLARS Saint Johns 50 DOLLARS |
| Beschrijving keerzijde | Log in om details te zien |
| Opschrift keerzijde | COMMERCIAL BANK OF NEWFOUNDLAND 50 FIFTY $50 FIFTY $50 FIFTY $50 FIFTY $50 |
| Handtekening(en) | Log in om details te zien |
| Beveiligingstype | Log in om details te zien |
| Beschrijving beveiliging | Log in om details te zien |
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| Opmerkingen |
The Commercial Bank of Newfoundland collapsed in December 1894, one of two Newfoundland banks that failed simultaneously in what became a catastrophic loss of public confidence in the colony's financial system. The Union Bank went down the same week. Together they wiped out savings across St. John's and triggered a fiscal crisis severe enough that Newfoundland required emergency relief from the British government. Notes of this bank, already six years old by the time the doors closed, had no redemption path — they became worthless overnight.
Survival rate for high-denomination commercial paper from failed colonial institutions is predictably poor. A $50 face value in 1888 Newfoundland was not pocket change.