Private Bank Issues

Lot 1515       Private Bank Issues

Estimate $2,500
Bid at live.noble.com.au
SOLD $2,700

THE BANK OF ADELAIDE, one pound, issued at Adelaide, July 5, 1870, (date printed), No. 289992, hand signed by Manager D.W. Cooper and entered by C.H. Powell Acct., printed on uncertain watermarked paper, with imprint on lower left, 'Bradbury Wilkinson Co, Engravers & c. London', with vignettes of female with children in centre, and in oval top left the bank seal, and top right 1 over POUND, with CANCELLED perforated across the note, centre block in green for ONE POUND, green and black on white, (Vort-Ronald, p.52-56 on bank, type 2a, cf. Fig.52). Folds and creases, a few crease holes, with heavy aging tone, otherwise nearly fine, very rare and one of the earliest known notes of this bank.

This issue of the Bank of Adelaide (1865-1980, merging to be absorbed with the ANZ in 1980), is of much interest, particularly as its notes tended to remain in South Australia, and consequently few of the one pound notes seem to have survived.