Catalog
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| Issuer | Traders Bank of Canada, Toronto |
|---|---|
| Year | 1900 |
| Type | Log in to see details |
| Value | 50 Dollars |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE TRADERS BANK OF CANADA CAPITAL AND SURPLUS $8,450,000 WILL PAY TO THE BEARER ON DEMAND FIFTY DOLLARS TORONTO, 25th JANUARY 1900 SPECIMEN |
| Reverse description | Printed in blue and brown intaglio, the reverse centres on a detailed architectural vignette of the Traders Bank building, a tall multi-storey commercial edifice rendered in fine line engraving. Large guilloche rosettes carrying the numeral "50" occupy the left and right panels, with the denomination repeated in the four corners and in smaller numerals within the ornamental border work. The bank title "THE TRADERS BANK OF CANADA" appears along the lower border, with "FIFTY DOLLARS" inscribed across the top. |
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| Comments |
The Traders Bank of Canada was chartered in 1885 and remained a mid-sized Toronto institution until its absorption by the Royal Bank of Canada in 1912. Notes of this denomination from this issuer are genuinely scarce — the bank never had an extensive branch network, and high-denomination commercial bank notes of this period saw hard use in wholesale trade settlements before being retired quickly.
The American Bank Note Company's Ottawa plant, established to handle Canadian chartered bank work, produced this note. ABNC Ottawa output is sometimes conflated with their New York operation, but the Ottawa branch ran its own press records from the late 1890s onward.