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10 Dollars

Issuer Imperial Bank of Canada, Toronto
Year 1933
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Value 10 Dollars
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Obverse description Printed in deep blue-purple intaglio on white paper, the obverse carries the bank title 'IMPERIAL BANK OF CANADA' in bold letterpress across the top, below which the clause 'WILL PAY TO BEARER ON DEMAND' appears. Two oval portrait vignettes flank the central design — an unidentified male bust to the left and another to the right — with large ornate guilloche 'X' numerals at each side and an elaborate central medallion bearing the denomination numeral '10'. The date 'Toronto, Nov. 1st 1933' is printed in the lower centre field, with two manuscript signatures below identifying the General Manager and President respectively.
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Reverse description The reverse is executed entirely in deep blue-purple intaglio, with a symmetrical guilloche framework centred on a circular vignette of a lion passant atop a crown — the heraldic emblem associated with the bank. Large bold '10' numerals appear to the left and right of the central medallion, and the bank title 'IMPERIAL BANK OF CANADA' is set in letterpress along the upper border. The denomination legend 'TEN DOLLARS' is printed across the lower portion, flanked by numeral '10' repeaters within the decorative border.
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Comments

The Imperial Bank of Canada had just twelve years left to operate as an independent institution when this note was printed — it merged into the Canadian Imperial Bank of Commerce in 1961. By 1933, Canadian chartered banks were still issuing their own currency under the Bank Act, a system that would effectively end with the Bank of Canada Act of 1934 and the subsequent dominance of central bank notes through the late 1930s. This note is among the later private chartered bank issues, printed during the final years that system was commercially relevant.

The Canadian Bank Note Company in Ottawa printed for virtually every major chartered bank during this period, making printer attribution less diagnostic than the issuing bank's own serial and signature combinations for establishing variety.

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