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100 Dollars

Issuer Royal Bank of Canada
Year 1909
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Printer American Bank Note Company, New York, United States
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Obverse lettering DOMINION OF CANADA INCORPORATED 1869. THE Royal Bank of Canada WILL PAY TO BEARER ON DEMAND 100 ONE HUNDRED DOLLARS MONTREAL JAN 2nd, 1909. BARBADOS PAYABLE AT BRIDGETOWN BARBADOS
Reverse description Black intaglio print on an orange and yellow guilloche underprint. The British royal coat of arms is centrally placed, flanked by elaborate decorative border work, with the denomination numeral '100' repeated at multiple points in the design.
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Comments

The Royal Bank of Canada was still operating primarily out of Montreal when this note was issued, having only recently absorbed the Union Bank of Halifax and expanded aggressively into the Caribbean. The $100 denomination served wholesale and interbank settlement far more than retail trade — ordinary Canadians rarely handled notes of this value, and most examples that survived did so because they were repatriated from branch vaults rather than worn out in circulation.

American Bank Note Company held the Royal Bank contract for this period, a common arrangement for Canadian chartered banks who preferred the security and engraving quality that ABNC could guarantee over domestic options.

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