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10 Shillings
| Issuer | Public Treasury, Island of Saint John (now Prince Edward Island) |
|---|---|
| Year | 1790 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | THIS Bill, of Ten Shillings, shall be accepted as a legal Tender in Discharge of any Duties, Taxes, or other Debts whatsoever, due to, and payable at, the Public Treasury of this Island, in Virtue of an Act of the General Assembly thereof, passed the twentieth Day of November 1790. Island of Saint John. Death to counterfeit. Ten Shillings. |
| Reverse description | The reverse appears plain, without printed design or lettering, consistent with colonial-era treasury issues of this period. |
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| Comments |
Saint John's Island — renamed Prince Edward Island in 1799 — operated its own treasury note system during the late colonial period largely because coin was perpetually scarce in the Gulf of St. Lawrence settlements. This 10 Shillings note from 1790 predates the renaming by nearly a decade and is among the earliest paper instruments attributable to what would become one of Canada's smallest provinces.
The Public Treasury issues of this period are genuinely rare survivors. Colonial paper in the Maritime region suffered badly from humidity, and redemption drives in the early nineteenth century pulled most of it out of circulation. Pick 148 seldom appears at auction.