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Value of Old Banknotes from Montreal Bank, Canada

Old Money from Montreal Bank

This is the first incarnation of The Montreal Bank.  It operated from 1817 to 1822 as a private joint-stock banking corporation.  Close to twenty different designs were used across several years and denominations.  Some of these bank notes are very rare, others are surprisingly common.  Money from The Montreal Bank isn’t terribly popular with collectors because most notes have a very simple design.  Our guide below has more information.

Reed Bank Notes from 1817 – 1819:

The Montreal Bank issued five, ten, twenty, and fifty dollar bills dated as 10th October 1817, 1st Jany 1818, or 1st January 1819.  They were printed by A. Reed E.W. Con.  There are lots of counterfeit $5 and $10 bills out there.  Authentic examples are very rare for the five and fifty dollar denomination.  Authentic tens and twenties are worth at least $500 each or more based on their condition.

Leney & Rollinson Bank Notes from 1818 – 1820:

These notes can be signed by R. Griffin and G. Garden, C. Bancroft, or John Gray.  One, two, five, ten, and one hundred dollar notes were issued.  Counterfeits exist for the three lowest denominations.  Authentic $1 and $100 bills are very rare.  Notes can be dated as 1818, 1819, or 1820.  Please send pictures if you need exact pricing information.

Reed & Stiles Bank Notes from 1821:

These notes are dated as 7 July or 2 Oct. 1821.  One and five dollar bills were printed by Reed & Stiles for The Montreal Bank.  Some notes could have “Payable at Quebec” stamped on them.  There are lots of counterfeit $5 bills out there.

Graphic Company Bank Notes from 1822 & 1829:

Notes printed by the Graphic Company can be dated as June 1 1822 or 1 July 1829.  Authentic and issued $10, $20, and $100 bills are actually rare and valuable.  Remainders and proofs also exist as five, ten, and twenty dollar bills.

GOT SOMETHING TO SELL?

We buy all types of Canadian currency.  We are especially interested in bank notes from The Montreal Bank.  You might be surprised at how much money we can offer for some currency.  Send us an email with pictures of the front and back of your bank note and we will respond quickly with our offer.

Manning@CanadaCurrency.com

Sample Bank Note Image:

Your piece of currency from The Montreal Bank could look similar to the one seen below.  It is just one of many designs.  Contact us for more value information.