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20 Dollars
| Issuer | Bank of Nova Scotia |
|---|---|
| Year | 1925 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar (1858-date) |
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| Obverse description | Black and pink intaglio-printed note with the bank title THE BANK OF NOVA SCOTIA arched across the upper centre, flanked by the word TWENTY and the numeral 20 at left and right. The central vignette presents two fishermen in a dory on open water, with a sailing vessel visible in the background, rendered in fine engraved detail. The date JANUARY 2ND 1925 appears at upper right, the issuing place HALIFAX, N.S. at upper left, and the denomination TWENTY DOLLARS is inscribed on a panel below the central vignette, with serial numbers and manuscript signatures of the General Manager and President at the lower portion. |
|---|---|
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| Variants | P#S629a - Back green. 2.1.1925 P#S629b - Back orange. 2.1.1929 |
| Comments |
The Bank of Nova Scotia's 1925 Dominion-era chartered bank notes occupy an awkward historical position: by this point, the Dominion government had been steadily encroaching on chartered bank note issuance for decades, and the 1935 establishment of the Bank of Canada would effectively end the commercial banks' right to circulate their own currency altogether. This note was issued under the 1923 Bank Act, which capped chartered bank circulation at the paid-up capital of the issuing institution.
The Canadian Bank Note Company in Ottawa produced the series. CBNC had a near-monopoly on chartered bank printing by this period, having absorbed much of the earlier competition. Surviving examples frequently show heavy teller handling — these circulated hard in the Maritime branches where Scotiabank retained its deepest retail roots.