Description

    Toronto, UC- The Bank of Upper Canada $1 Jan. 1, 1861 Ch. # 770-22-06-02a
    This was one of the most influential early banks, having established a close relationship with the government from the moment of its organization. Its failure in 1866 marked the first important bank failure in Canadian history, with its shareholders losing all their capital, which at one time amounted to over three million dollars and the government losing another million dollars. This note is overprinted in red with the Windsor branch notation. Very Good, scarce.
    From The Thomas M. Flynn Collection


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    Auction Dates
    April, 2008
    17th-19th Thursday-Saturday
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