目录
| 正面描述 | Central vignette of an allegorical female figure (Commerce) seated amid maritime goods with ships in the background; lower-left oval vignette of a boy with a dog; lower-right vignette of an anchor with rigging. Bold serif bank title lettering across centre, with green intaglio guilloche underprint reading FIFTY DOLLARS and the promise text above. |
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| 背面描述 | Entirely engraved in green ink, the reverse presents a large central panel with the bank title flanked by two large numeral 50 counters set within ornate lathe-work frames. Continuous guilloche border bands top and bottom carry repeated FIFTY and 50 micro-text, with intricate rosette medallions at each corner. |
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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.