Paper Money, Scripophily and Banking Histrory

Canada Bank of British Columbia Bill of Exchange San Francisco 1893

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Description

1894 Bank of British Columbia Bill of Exchange – San Francisco Issue

This elegantly designed bill of exchange, issued on June 21, 1894, by the Bank of British Columbia in San Francisco, represents a significant piece of financial history. The document, payable in sterling and endorsed to the Bank of British Columbia’s London office, highlights the bank’s role in transatlantic commerce during the late 19th century. Printed on striking blue-green paper, the bill features ornate engravings and handwritten details, showcasing the artistry typical of the era’s financial documents.
The Bank of British Columbia was established in 1862, under a Royal Charter, to serve the British colonies on the Pacific Coast. Originally headquartered in London, the bank played a vital role in supporting trade and industry across the British Empire, particularly during the gold rush periods in British Columbia and California. The bank expanded its reach with branches in Victoria, San Francisco, and Portland, Oregon. In 1901, it was merged into the Canadian Bank of Commerce (now part of the Canadian Imperial Bank of Commerce), a strategic move that allowed it to continue supporting commerce and finance on a larger scale.

This bill is not only a testament to the bank’s historical influence in British overseas trade but also an attractive collectible for those interested in banking history, British Empire commerce, or Canadian paper money. Its rich history and connection to a prominent financial institution make it a valuable piece for any collection.