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2 Dollars = 10 Shillings
| Issuer | Commercial Bank of the Midland District |
|---|---|
| Year | 1833-1835 |
| Type | Log in to see details |
| Value | 2 Dollars |
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| Composition | Log in to see details |
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| Obverse description | Black intaglio print on white paper. A seated female figure appears at left, flanked at upper centre by two allegorical women supporting a shield bearing a large numeral 2. A vignette of a town and harbour view is rendered sideways at right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain unprinted reverse on aged paper stock, with only handwritten notations visible toward the right side. |
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| Comments |
The Commercial Bank of the Midland District was chartered in 1832 and operated out of Perth, Upper Canada — one of several short-lived regional institutions that filled the vacuum left by the absence of a proper colonial banking infrastructure in the province. The dual denomination, dollars and shillings, reflects the monetary confusion of the period: British sterling and Spanish-derived dollar accounting coexisted in daily commerce, and banks were obliged to accommodate both.
Rawdon, Clark & Co. of New York handled the printing — a common arrangement for Upper Canadian banks that lacked access to domestic security printers of comparable quality. The firm later evolved through a series of mergers into the American Bank Note Company.