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50 Dollars

Issuer Banque d'Hochelaga
Year 1914
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Reference(s) P#S809
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Obverse lettering BANQUE D'HOCHELAGA
DOMINION OF CANADA
CINQUANTE DOLLARS
FIFTY
50
SPECIMEN
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Reverse lettering BANQUE D'HOCHELAGA
CANADA
CINQUANTE
SPECIMEN
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The Banque d'Hochelaga was a French-Canadian chartered bank founded in 1873 to serve the Montreal working-class and merchant communities largely ignored by the anglophone banking establishment. By 1914 it had grown into one of Quebec's more substantial institutions, though it would eventually merge into the Banque Canadienne Nationale in 1924.

Waterlow and Sons handled the printing, as they did for a significant portion of Canadian chartered bank issues during this period — the London connection was entirely routine for dominion-era commercial paper, with security printing expertise simply not existing at the necessary scale in Canada itself. The $50 denomination was high enough that most examples saw limited teller-counter wear; institutional and wholesale transactions were their natural home.

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