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5 Dollars

Issuer Canadian Bank of Commerce
Year 1922
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Currency Dollar (1858-date)
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Reverse description Printed entirely in red-orange on white paper, the reverse is dominated by a central circular vignette of the bank's seal, flanked by two pairs of classical allegorical figures in intaglio style — each pair of standing figures facing inward toward the central medallion. Large numeral '5' guilloche panels occupy the lower left and right corners, and an intricate border of repeating geometric patterns frames the entire composition, with the word 'FIVE' inscribed beneath the central vignette.
Reverse lettering FIVE
CANADIAN BANK OF COMMERCE
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The Canadian Bank of Commerce was one of the few Canadian chartered banks still issuing its own currency into the 1930s, long after most competitors had quietly exited the practice. The 1922 series came at an awkward transitional moment — the 1923 Finance Act amendments were tightening federal control over chartered bank circulation, and notes of this type were effectively on borrowed time.

The Canadian Bank Note Company had been handling CBOC printing since the early twentieth century, a relationship that produced consistent but not particularly experimental work. Worth noting: CBNC's Ottawa operation was well established by this date, so attribution here is straightforward, unlike some earlier issues where British security printers complicated the record.

Redeemable at any CBOC branch — that liability sat on the bank's books until redemption or destruction.

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