Lot 2864

Sale 80 · Important Australian, New Zealand & World Coins, Medals & Banknotes

Description

La Banque Nationale, ten dollars, Quebec, 2 Janvier 1897, No.757385, imprint British American Bank Note Co. Montreal (P.S867b). Three vertical folds, pin-hole right border otherwise nearly very fine.

La Banque Nationale (established 1860) was founded with 1465 shareholders. On 31 January 1924 the Legislative Council granted a $15 million provincial bond to assist the merger with La Banque d'Hochelaga. The merged banks were given 40 years to reimburse the bonds. The new bank was able to reimburse the government in 20 years.

Estimate
$300
Result Status
Sold
Prices Realised
$500

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