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10 Dollars = 2 Pounds-10 Shillings
| Issuer | Bank of Montreal |
|---|---|
| Year | 18xx |
| Type | Pattern or trial banknote |
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| Obverse description | Black intaglio print on white paper. Vignettes of sailing ships at upper and lower left flank a central composition with a griffin alongside allegorical male and female figures. Issuer name MONTREAL is engraved in the plate. |
|---|---|
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| Reverse lettering | BANK OF MONTREAL TEN 10 Ten Pounds Two Shillings Currency |
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| Comments |
The Bank of Montreal, chartered in 1817, was the dominant commercial institution in British North America for much of the nineteenth century, and its dual-denomination notes reflect the uncomfortable coexistence of sterling and dollar reckoning in pre-Confederation Canada. The equivalence of $10 to £2-10s was fixed at the colonial rate of $4 to the pound, a convention that persisted until decimal currency was formally adopted across the Province of Canada in 1858.
Rawdon, Wright, Hatch & Co. in New York were the principal security printers for most major Canadian banks during this period — the irony of colonial institutions sourcing their paper currency from American engravers was not lost on contemporaries.