5 Dollars/Piastres

The Union Bank of Montreal was chartered in 1865 — which makes a note attributed to it in 1838 immediately suspicious. No Union Bank operating in Montreal in 1838 has been confirmed as a chartered institution; the reference may conflate this with another early Lower Canadian bank, or the catalog entry reflects a misattribution that has persisted across standard references. The dual denomination in dollars and piastres places it squarely in the transitional period when Lower Canada still used both currencies interchangeably before sterling was formally displaced.

Treat the issuer attribution with caution until primary charter records are consulted.