Private Bank Issues
This lot is not illustrated.
Lot 1557 Private Bank Issues
Estimate $1,500
Bid at live.noble.com.au
SOLD $1,500
THE COLONIAL BANK OF AUSTRALASIA, Melbourne, five pounds, dated 1st May 1886, (date fully printed), not numbered, proof on card, unsigned, no watermark, no imprint, vignette in centre of modified Royal Arms, value tablets in corners as geometrical round circles with 5 inside, all within rectangular border, states below, 'Promise to pay the Bearer on Demand at the Office here FIVE POUNDS Sterling. By order of the Directors', black on white, (Vort-Ronald, Type three (a), comments on bank and type p.128-132, one pound note of similar type illustrated Fig. 138 [p.131]). Gum adhesion at back, has been folded, otherwise extremely fine and extremely rare.
The Colonial Bank of Australasia Limited (1856-1918) used a local producer Sands & McDougall of Melbourne for this proof although lacking an imprint. This five pound proof is the only higher denomination proof from this bank known to be in private hands.
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 1555
THE CITY OF MELBOURNE BANK LIMITED, Melbourne, one pound, dated originally 1st April 1877 and ...
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Lot 1556
THE COLONIAL BANK OF AUSTRALASIA, Melbourne, one pound, dated 2nd January 1866, (date fully printed), ...
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Lot 1557 This lot
THE COLONIAL BANK OF AUSTRALASIA, Melbourne, five pounds, dated 1st May 1886, (date fully printed), ...
Estimate $1,500
Lot 1558
THE COLONIAL BANK OF AUSTRALASIA LIMITED, Melbourne, uniface one pound, dated 1st January 1908, (date ...
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Lot 1559
COMMERCIAL BANK, Hobart Town, Van Diemens Land, one pound, forgery in Indian ink, 1 July ...
Estimate $1,000