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Value of Old Banknotes from The Farmer’s Joint Stock Banking Company in Toronto, Canada

Old Money from The Farmer’s Joint Stock Banking Company in Toronto

This bank originally opened as a private bank in Toronto in 1835.  The bank was effectively managed and well regarded.  In 1849 the bank was sold to owners who would eventually use the bank to pump out bank notes that would ultimately become worthless.  That is why bank notes from 1849 are relatively common and earlier bank notes are scarce.  The bank closed for good around 1854.  Our guide below has more information about its paper money.

Bank Notes from 1830 – 1837:

The New England Bank Note Co. Boston printed $1, $2, $4, $5, $10, and $50 bills for The Farmer’s Joint Stock Banking Company.  These bank notes can be dated as 1 Sep’r 1835, 1 Nov 1835, 1 Feb 1836, and 11th Sept. 1837.  If your note is dated as Dec 1830 then you have a counterfeit note.  All other authentic bank notes are scarce to rare.  Please contact us for exact value information.
farmers joint stock banking toronto 1835 5

Bank Notes from 1849:

There are three different varieties and three different denominations for this issue.  The first type was issued with an engraved location of Toronto and no red overprint.  The second variety has an engraved location of Green Bay, Wisconsin and no red overprint.  The third variety has an engraved location of Toronto with a red overprint.  The first and third variety are very common.  The first variety could have an overprint for “Kingston” and that would make it more valuable.  The three denominations issued are $1, $2 and $5 bills.  Each is also denominated as five shillings, ten shillings, and twenty five shillings.  Issued notes should be signed by Wm. Phipps and J.W. Sherwood.  Rawdon, Wright, Hatch & Edson, New York handled the printing duties.  We are showing a Green Bay note without a red overprint below.  The bottom of the page shows the same $5 design, except this time the note is from Toronto and it does have a red overprint.
farmers green bay 1849 5

GOT SOMETHING TO SELL?

We buy all types of Canadian currency.  We are especially interested in rarer bank notes from The Farmer’s Joint Stock Banking Company in Toronto.  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 Farmer’s Joint Stock Banking Company in Toronto could look similar to the one seen below.  Of course other varieties exist, so don’t worry if yours is different.  Contact us for more value information.