Catalog
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| Issuer | Royal Bank of Canada |
|---|---|
| Year | 1920 |
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| Printer | American Bank Note Company, Ottawa, Canada |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | THE ROYAL BANK OF CANADA WILL PAY TO BEARER ON DEMAND AT BRIDGETOWN BARBADOS THE SUM OF FIVE DOLLARS IN BARBADOS CURRENCY BEING THE EQUIVALENT OF ONE POUND AND TEN PENCE REDEEMABLE ONLY IN BARBADOS Bridgetown Barbados January 2nd, 1920 Five Barbados Dollars the equivalent of £1-0-10 FIVE GENERAL MANAGER PRESIDENT AMERICAN BANK NOTE COMPANY, OTTAWA |
| Reverse description | Log in to see details |
| Reverse lettering | FIVE BARBADOS DOLLARS THE EQUIVALENT OF £1-0-10 AMERICAN BANK NOTE COMPANY, OTTAWA HONI SOIT QUI MAL Y PENSE DIEU ET MON DROIT THE ROYAL BANK OF CANADA (Translation: Shamed be the one who thinks ill of it. God and my right.) |
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| Comments |
The dual denomination — 5 Dollars on one face, 1 Pound 10 Pence on the reverse — reflects a transitional moment in Canadian commerce when sterling equivalencies still appeared on some bank-issued notes to facilitate trade with Britain and the Caribbean. The Royal Bank had substantial operations in the West Indies, and notes denominated this way circulated in markets where sterling remained the practical unit of account.
American Bank Note Company's Ottawa plant handled the printing, one of the earlier major runs from that facility after it opened to serve Canadian chartered banks domestically rather than routing work through New York.