Private Bank Issues

Lot 1542       Private Bank Issues

Estimate $1,750
Bid at live.noble.com.au
SOLD $2,600

BANK OF NEW SOUTH WALES, Sydney, New South Wales, ten pounds, dated 1 Oct. 1881, (18- printed), numbered A/A 30571, signed by W.B. Hawthorne and entered by J.H.Potts, watermarked 'within multi-lined saw tooth frame and in three lines BANK OF NEW SOUTH WALES, imprint of 'Charles Skipper & East London', vignette in centre of woman seated, ship to left and sheep to right, ornamental round tablet with 10 in upper corners and TEN in tablet of circles lower left, all within rectangular ornate spiral border, states below, 'On Demand I promise to pay to the Bearer TEN POUNDS Sterling, Sydney .... For the Bank of New South Wales', back with TEN in bevelled rectangular block in the centre and geometric ovals in corners, brown/red on white, (New England Hoard No.120 [Report of ANS 1974 yearbook, pp. 49-68], Vort-Ronald, Type seven, comments on bank and type p.67-85, similar notes but twenty pounds illustrated Fig.81 [p.80]). Rust marks and some edge loss at top of note, otherwise very fine and very rare.

The Bank of New South Wales ten pound notes of this type all come from the New England Hoard of 1971, (Pitchfork & Freehill, 'A Significant Hoard of Nineteenth Century Australian Commercial Banknotes' [ANS 1974 Yearbook]), where some 8 ten pound notes were found out of a total hoard of 123 banknotes which were mostly of the five pounds denomination. Type seven was an issue from the Bank of New South Wales that ran from 1848-1910, with this type for ten pounds in use for most of this period.