Private Bank Issues

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This lot is not illustrated.

Lot 1605       Private Bank Issues

Estimate $10,000
Bid at live.noble.com.au

SYDNEY BANKING COMPANY, five pounds, Sydney, Jan'y 10, 1840, (184 printed), No. 1236, made out to T. Long, hand signed by Directors, James Watkins and Charlie Nicholson and entered by Henry W. Cockburn (the Chief Cashier), printed on unwatermarked paper, with imprint on centre of bottom frame, 'Engraved by W. Moffitt Sydney', within rectangular spiral border, on back in black ink, 'Received for Albert Black' and signed 'D. Fraser 27/9/67', black on white, (Vort-Ronald, p.217 on bank, note not known). Heavy folds and creases, with unobtrusive holes from folds, normal aging tone, otherwise nearly fine, and unique.

The Sydney Banking Company was established in 1839 but failed during the bank crisis of 1843. Only two circulation notes are known to survive and this the five pound note is the only known specimen of this denomination. Very few if any (other than this note), five pound notes of this period survive today.

Estimate / sale price does not include buyer's premium (currently 22% including GST) which is added to hammer price. All bids are executed on the understanding that the Terms & Conditions of sale have been read and accepted. For information on grading and estimates please refer to the Buying at Auction advice.

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Adjacent lots

  • Lot 1603  

    THE ROYAL BANK OF QUEENSLAND LIMITED, Brisbane, one pound, dated 1 January 1887 (date printed), ...

    Estimate $750

  • Lot 1604  

    THE ROYAL BANK OF QUEENSLAND LIMITED, Brisbane, five pounds, dated 1 January 1887 (date printed), ...

    Estimate $750

  • Lot 1605   This lot

    SYDNEY BANKING COMPANY, five pounds, Sydney, Jan'y 10, 1840, (184 printed), No. 1236, made out ...

    Estimate $10,000

  • Lot 1606  

    THE SYDNEY DEPOSIT BANK, Sydney, one pound, dated 1 July 1890, (18 printed), numbered A ...

    Estimate $1,000

  • Lot 1607  

    THE SYDNEY DEPOSIT BANK, Sydney, five pounds, proof, not dated, (18 printed), numbered C1517, no ...

    Estimate $1,000