Grenville's 1976 centennial dollar is a municipally issued scrip note — a category that sits well outside the mainstream of Canadian numismatics but attracts serious collectors precisely because of its local specificity. The British American Bank Note Company printed this in Ottawa, the same firm responsible for federal Canadian currency of the period, which gives an otherwise hyperlocal issue an unexpectedly professional pedigree.
Municipal centennial scrip of this type was typically redeemable for goods or services within the issuing community during anniversary celebrations, then retired — which limits surviving populations considerably. Security dots on a note of this nature are a genuine curiosity: that level of anti-counterfeiting investment on a commemorative scrip issue suggests the municipality either over-specified or ordered from BABN's standard commemorative package without negotiating the features down.
Grenville's 1976 centennial dollar is a municipally issued scrip note — a category that sits well outside the mainstream of Canadian numismatics but attracts serious collectors precisely because of its local specificity. The British American Bank Note Company printed this in Ottawa, the same firm responsible for federal Canadian currency of the period, which gives an otherwise hyperlocal issue an unexpectedly professional pedigree.
Municipal centennial scrip of this type was typically redeemable for goods or services within the issuing community during anniversary celebrations, then retired — which limits surviving populations considerably. Security dots on a note of this nature are a genuine curiosity: that level of anti-counterfeiting investment on a commemorative scrip issue suggests the municipality either over-specified or ordered from BABN's standard commemorative package without negotiating the features down.