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5 Dollars The Farmer's Joint Stock Bank, Second Issue
| Issuer | The Farmer's Joint Stock Banking Company |
|---|---|
| Year | 1849 |
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| Currency | Dollar (1792-date) |
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| Obverse description | The upper border carries a continuous FIVE denomination underprint across both margins, with numeral 5 counters in the upper left and right corners. The central top vignette presents a portrait of Queen Victoria flanked by a lion and a unicorn emblematic of the royal arms, while the lower left bears an allegorical vignette of standing Britannia alongside Justice, with a corresponding lower-right vignette of Minerva beside the seated figure of Prosperity, and a small crowned-swords device at the bottom centre. The note text, printed by Rawdon, Wright, Hatch & Edson of New York, identifies the issuer as The Farmer's Joint Stock Banking Company, payable on demand at their Toronto office, dated February 1st, 1849. |
|---|---|
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| Reverse lettering | FIVE |
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| Comments |
The Farmer's Joint Stock Banking Company was a short-lived Upper Canadian institution, chartered under the 1850 Free Banking Act framework but operating in the uncertain years just before that legislation consolidated the province's fractured note-issuing environment. Rawdon, Wright, Hatch & Edson — the New York firm responsible for this note — were among the most prolific banknote printers in North America at the time, their plates appearing in circulation from Louisiana to Ontario.
The bank itself did not survive long enough to leave a substantial documentary record, which makes extant notes from any of its issues genuinely scarce primary material rather than simply collectible paper.