New Zealand Banknotes
Lot 3350 New Zealand Banknotes
Estimate $5,000
Bid at live.noble.com.au
SOLD $6,400
FITZROY DEBENTURE, one pound sterling, Auckland, 1st June 1844, bearing interest of 5% and payable at one pound one shilling, No.7808, handsigned by Governor Robert Fitzroy and Andrew Sinclair the Colonial Secretary. Vertically overprinted in red with the date of issue (1845) and handstamped by the Colonial Treasurer, (Sutherland p.157-165, Hargreaves p.39-46). The second known example in private hands, closely trimmed on left edge, otherwise good fine and extremely rare.
A detailed account of this issue appears in the above cited references. Governor FitzRoy issued debenture notes for various denominations from five shillings to five pounds. They were popularly known as 'government rags' at that time, but today all are extremely rare. A similar example in our sale 54 (lot 2991) realised $5940.
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 3348
ZIMBABWE, 1980 - 1983, ten dollars (P.3a, a replacement, c, c replacement, d, d replacement). ...
Estimate $420
Lot 3349
ZIMBABWE, 1980 - 1983, twenty dollars (P.4a replacement, b, c, c replacement). Uncirculated. (4)
Estimate $400
Lot 3350 This lot
FITZROY DEBENTURE, one pound sterling, Auckland, 1st June 1844, bearing interest of 5% and payable ...
Estimate $5,000
Lot 3351
BANK OF AUSTRALASIA, proof first issue, one pound, Auckland, 1st January 1869, no number, imprint ...
Estimate $500
Lot 3352
BANK OF AUSTRALASIA, proof first issue, fifty pounds, Auckland, with written in date May 12 ...
Estimate $500