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5 Dollars

Issuer Banque du Peuple
Year 1838
Type Standard circulation banknote
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Reverse description Blue. Intricate lathe-work guilloche rosettes fill the centre field, with an oval vignette of a standing male citizen at left and a second oval vignette of a farmer harvesting corn at right; the word CINQ appears in large letters across the centre.
Reverse lettering CINQ
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Comments

Banque du Peuple was founded in Montreal in 1835 by Patriote-aligned merchants as a deliberate counter to the Bank of Montreal, which they viewed as an anglophone commercial stronghold. The timing of this 1838 issue is pointed: the Lower Canada Rebellion broke out in November 1837, and the bank was operating in deeply fractured political conditions when these notes were put into circulation.

Rawdon, Wright, Hatch & Co. were among the most accomplished security printers working in North America at the time, responsible for a significant portion of early Canadian chartered bank paper. The New York connection was entirely routine — very few Canadian banks had access to comparable engraving facilities north of the border in the 1830s.

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