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| 正面描述 | The obverse is dominated by the bold letterpress legend THE DOMINION BANK at centre-top, flanked by the serial number in red on both sides. Two circular vignettes occupy the left and right fields — the left showing a landscape scene and the right a pastoral scene with cattle — surrounding a central guilloche medallion with the numeral 50 and the text FIFTY DOLLARS. The date TORONTO, JULY 2, 1901 appears in the lower centre field above a manuscript signature, with intricate lathe-work borders framing the entire composition. |
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| 正面铭文 | THE DOMINION BANK WILL PAY TO THE BEARER ON DEMAND FIFTY DOLLARS TORONTO, JULY 2, 1901 50 |
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The Dominion Bank was a Toronto-chartered institution that operated independently from 1871 until its 1955 merger with the Bank of Toronto to form TD Bank. This 1901 fifty-dollar note falls squarely within the chartered bank era, when Canadian private banks still held the right to issue their own currency — a privilege that would be progressively curtailed after the 1934 Bank of Canada Act and eliminated entirely in 1945.
American Bank Note Company produced this series from their New York facilities. High-denomination chartered bank notes from this period survive in genuinely small numbers; most commercial paper of this value was settled between institutions rather than circulated at the retail level, meaning surviving examples frequently show little wear but were never redeemed — left in drawers, forgotten when the issuing bank eventually wound down its circulation rights.