Lot 2972

Description

Union Bank of Australia Limited, fourth issue, specimen fifty pounds, without engraved branch name, dated 1 March 1905, Waterlow colour trial specimen in dark blue and gold, the back brown, the word 'Specimen' in red on an angle at left and right, and a blue Waterlow & Sons circular specimen seal at bottom, both partially erased. Two tiny punch-hole cancels in each of the two signature and two serial spaces. Printers's record number '294' partially erased at top (L.540, P.S366; Robb 36e). The note has been washed and some loss of sizing, but retains its full colours, most attractive, very fine and extremely rare.

Ex Noble Numismatics Sale 53, Lot 4182. Found in South America and apparently from a Waterlow specimen book used by its salesmen early this century.