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50 Dollars

Emittente Canadian Bank of Commerce, Toronto
Anno 1917
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Forma Rectangular
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Descrizione del dritto The obverse bears the bank title THE CANADIAN BANK OF COMMERCE across the upper portion, with the promise clause WILL PAY 50 BEARER ON DEMAND and the date TORONTO, 2nd JUNE, 1917 inscribed centrally. The denomination FIFTY DOLLARS is set within an intricate guilloche underprint at centre, flanked by the numeral 50 at each corner. Large allegorical vignettes occupy both left and right margins, portraying classical male figures amid industrial and maritime motifs, rendered in detailed intaglio engraving, with signature lines for PRESIDENT and GENERAL MANAGER beneath the central cartouche.
Legenda del dritto THE CANADIAN BANK OF COMMERCE
WILL PAY 50 BEARER ON DEMAND
FIFTY DOLLARS
TORONTO, 2nd JUNE, 1917
PRESIDENT
GENERAL MANAGER
50
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Commenti

The Canadian Bank of Commerce was one of the last chartered banks still issuing its own currency under the Bank Act when this note appeared. The 1917 date places it squarely in the period when the federal government was tightening its grip on private bank circulation — the Finance Act of that year was partly a wartime funding mechanism, and it quietly accelerated the centralization of currency that would eventually end chartered bank note issue altogether in 1944.

The American Bank Note Company handled intaglio work for several Canadian chartered banks during this period, often sharing engraved elements across clients. At the $50 denomination, circulation was light and attrition low — survival rates for high-value chartered notes from this era are deceptive, since many were held as interbank reserves rather than passing through public hands.

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