$25 1922 Bank of Hamilton - Rare Bank Note

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$25 1922 Note Design:
Face: Two Allegorical Women, black with green, pink and purple tint
Special "Jubilee" issue to mark the 50th anniversary of the founding of the bank

This museum quality 1922 Bank of Hamilton $25 note is one of the rarest and highest quality early Canadian bank notes to have survived. It is an original uncirculated face proof which would not normally be available for private collectors to obtain. The design features two allegorical women, with a green, pink and purple background tint. This unusual denomination was a special "jubilee" issue produced to mark the 50th anniversary of the founding of the bank.

This was one of the very first $25 notes printed in 1922, and would have been presented to the president or top officials of the bank for approval to proceed to printing notes for circulation, or could have been a sample presented to the original engraver. As is usually the case for proof notes, each note is one sided.  Issued notes of this series are also extremely rare, with mid grade circulated notes valued at more than $10,000. This printer's proof is the only way possible to obtain an uncirculated example of this issue.
 
This note was part of a collection assembled by a prominent Canadian collector over a 40 year period. Notes in this collection included samples from the archives of the American Bank Note Company and Canadian Bank Note Company which were sold through Christie's Auctions in 1991, as well as other notes purchased through prominent auctions and private treaty sales, in some cases from the families of former bank officials and engravers. All the notes in the collection are rare, with surviving quantities ranging from unique pieces up to about a dozen surviving examples.  

This complete collection was recently purchased by Canadian Coin & Currency and is being offered to collectors through The Shopping Channel. Notes from this collection provide an unprecedented opportunity for collectors to acquire extremely rare early Canadian bank notes that are seldom available in the marketplace.

The Bank of Hamilton, 1872-1923

The Bank of Hamilton opened its first branch in Hamilton, Ontario in 1872, and was one of the banks to experience rapid growth and economic success for many years. At the time of the bank's 50th anniversary in 1922, it was represented by 157 locations. With new burdens of post-war taxation and a highly competitive banking market, the Bank of Hamilton amalgamated with The Canadian Bank of Commerce in 1923.

Includes:

• $25 1922 Bank of Hamilton Extremely Rare Jubilee Issue Face Proof Note

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