CPM Forum

Canadian Notes => Early Canadian Notes => Topic started by: BWJM on September 02, 2004, 12:47:01 am

Title: Standard Trust Company
Post by: BWJM on September 02, 2004, 12:47:01 am
Does anybody know anything about this bank?

I have a friend that says he had a $10,000 bill that he got from this bank in 1981.  He said it was purple and had a portait of some guy.  I'm saying it's probably a bank-issued money order, bond or bank draft of some kind, but he insists that it was similar in nature to circulating currency (except a much higher denomination).

Any clues whatsoever???
Title: Re: Standard Trust Company
Post by: Bob on September 02, 2004, 12:54:05 pm
The Standard Trust Co. failed a few years back.  No trust company in Canada, including that one, was ever authorized to issue circulating bank notes.
Title: Re: Standard Trust Company
Post by: BWJM on September 02, 2004, 06:47:01 pm
Would it have been some kind of a bond or other negotiable document that would look like a banknote?
Title: Re: Standard Trust Company
Post by: buxvet on May 31, 2006, 12:26:18 pm
I can't tell you too much about it and nothing with respect to
any notes they may have had.

I owned and operated a Toronto Delivery Co from 1986-1999
and I had Standard Trust as a client. There Head Office
was located at 69 Yonge St in Toronto
Title: Re: Standard Trust Company
Post by: Ottawa on August 20, 2006, 01:54:23 pm
Could it have been one of those cheap-looking "Million Dollar" novelty notes that were sold by Zellers and some other stores for $1.00 each five or ten years ago? There was a green one with the Queen's portrait and a PURPLE one with, I seem to recall, Laurier's portrait. I used to have several but sold them off in my Junque Box at the local coin show.
Title: Re: Standard Trust Company
Post by: admin on August 20, 2006, 08:33:18 pm
I don't think that's what he's got, but here are all the million dollar notes I'm aware of.

http://www.cdnpapermoney.com/English/BoC/Million.htm
Title: Re: Standard Trust Company
Post by: Bitburger on August 22, 2006, 07:43:43 pm
This Bill is probably not a Bill. It must be shares from that Company printed by a Banknote Company for the Shareholders. You can always ask your SHARES in SHAREBOUNDS. This is probably a 10000 Shares/$. If STC company went bankruptcy. They worth NOTHING.