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10 Dollars = 2 Pounds-10 Shillings
| Issuer | Bank of British North America |
|---|---|
| Year | 1841 |
| Type | Standard circulation banknote |
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| Obverse description | Black intaglio print on white paper. Left vignette shows sheep and a plow; right vignette carries a sailing ship under full sail. A small supported royal arms appears at bottom centre. |
|---|---|
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| Reverse description | Plain unprinted reverse on aged cream-toned paper stock, consistent with early Canadian colonial issue practice. |
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| Comments |
Perkins, Bacon & Petch were the dominant security printers of the early Victorian period, and their work for colonial banks across British North America was extensive. This note predates Confederation by over a quarter century, issued when the Bank of British North America — chartered in London in 1836 — operated as a British institution with Canadian branches rather than a truly colonial bank. The dual denomination reflects the uncomfortable monetary reality of the period: Spanish dollars and British sterling circulated simultaneously, and no single standard had yet prevailed.
The hyphenated equivalence printed directly on the face was a practical necessity, not a formality. Sterling-dollar conversion disputes between merchants and branch cashiers were common enough to warrant embedding the rate in the note itself.