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5 Dollars = 25 Shillings

Issuer Niagara Suspension Bridge Bank, Queenston
Year 1841
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Composition Cotton paper
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Obverse lettering PAYABLE AT / THE BANK / THE NIAGARA / Suspension Bridge / Bank will pay FIVE dollars on demand / to / at / Queenston / FIVE / 5 / 5
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Variants P#S1904a - QUEENSTON above ship at bottom; U. at left, C. at right
P#S1904b - 1.3.1841; 1.5.1841; 1.7.1841. Queenston at left of ship at bottom;
P#S1904c - QUEENSTON above ship at bottom; UPPER CANADA
P#S1904r - As a. Remainder. 18xx
Comments

The Niagara Suspension Bridge Bank was a short-lived Upper Canadian institution operating out of Queenston, a village at the base of the Niagara escarpment that had once been the principal entry point into Upper Canada before the War of 1812 reduced it to a backwater. The dual denomination — dollars and shillings — reflects the genuinely chaotic monetary arithmetic of pre-Confederation Canada, where American dollars, British sterling, and Halifax currency all circulated simultaneously and merchants priced goods in whichever unit suited them.

The bank itself was never a major issuing institution, which makes surviving notes from this 1841 series genuinely uncommon.

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