New Brunswick pound

The pound was the currency of New Brunswick until 1860. It was subdivided into 20 shillings, each of 12 pence. It was replaced by the dollar in 1860, at a rate of 1 dollar = 5 shillings. The dollar was initially the Spanish dollar, which circulated at a value of 5 shillings in New Brunswick (the Halifax rating).

Coins

In addition to British coins and the Spanish dollars, copper tokens were issued in 1834 and 1854 in denominations of ½ and 1 penny.

Banknotes

Four chartered banks issued notes, the Bank of Fredericton, the Bank of New Brunswick, the Central Bank of New Brunswick and the Commercial Bank of New Brunswick. Denominations issued were 5, 7½ and 10 shillings, 1, 2, 5, 10 and 25 pounds. Some of the Bank of New Brunswick and Central Bank of New Brunswick's notes also bore the denominations in dollars.

References

• Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
• Pick, Albert (1990). Standard Catalog of World Paper Money: Specialized Issues. Colin R. Bruce II and Neil Shafer (editors) (6th ed.). Krause Publications. ISBN 0-87341-149-8.