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1 Pound

Issuer Bank of New Brunswick
Year 1831
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Value 1 Pound
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Obverse description Black intaglio print. A standing Britannia vignette at left; the top center carries a central vignette of a seated Britannia surrounded by cherubs and allegorical women; the lower center presents two cherubs alongside a cask and bale.
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Reverse description Blue letterpress print. Female portrait heads appear at the upper and lower left and right corners; two cherubs flank a cask and bale vignette repeated at the upper and lower center.
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Comments

The Bank of New Brunswick was a short-lived chartered institution operating out of Fredericton, and this 1831 pound note belongs to a period when the Maritime provinces were still navigating the awkward coexistence of sterling-denominated paper and the Spanish and American silver coins that actually circulated in trade. Perkins, Fairman & Heath — the London firm known for their steel-engraved security printing and the patent for siderography — produced the plates, a common arrangement for colonial banks that lacked any domestic printing infrastructure capable of resisting counterfeiting.

The bank collapsed before Confederation was even a political conversation, leaving its notes as orphaned instruments of a credit system that never fully matured.

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