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Value of Old Banknotes from The Bank of the People in Toronto, Canada
Old Money from The Bank of the People in Toronto
The Bank of The People opened in 1835 in Toronto. It was purchased by The Bank of Montreal in 1840. Its main claim to fame is that it did not suspend specie payments during the panic of 1837. The bank did issue currency. Notes were printed by either Draper, Toppan, Longacre & Co. Phila & N.Y. or Casilear, Durand, Burton & Edmonds N. York. You are most likely to encounter proofs (as pictured at the bottom of this page). Issued bank notes could be signed by F. Hincks, J.N. Wenhem, J. Hastings, J. Leslie, Benj. Thorne, or F. Wright. The date on each bank note is only partially engraved, so pretty much any date is possible. However, we can tell you that observed dates are 12 Dec 1836, April 1840, 8 June 1840, 9 Oct 1840, and April 9 1842. The bank issued one, two, three, four, five, eight, ten, twenty, and fifty dollar bills. One dollar bank notes are occasionally available. All other notes are very scarce. Please contact us if you need a free appraisal.
GOT SOMETHING TO SELL?
We buy all types of Canadian currency. We are especially interested in bank notes from The Bank of the People in Toronto. 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.
Sample Bank Note Image:
Your piece of currency from The Bank of the People in Toronto could look similar to the one seen below. Of course other denominations and designs do exist. Contact us for more value information.