New Zealand Banknotes
Lot 2542 SESSION 9 (4.30pm Wednesday 1st April) New Zealand Banknotes
Estimate $9,000
Bid at live.noble.com.au
SOLD $6,000
THE BANK OF OTAGO LIMITED, one pound, Dunedin, 1st June 1872, A54780 No., "one pound" reverse, imprint of Batho & Co London on the front, W.W. Sprague & Co London on the back (Robb.E.125; P.S241; Hargreaves p.111). A complete note, two 20 mm blue cancellation stamps on the front, uneven edges, otherwise fine and extremely rare.
Robb notes two reverse types. Banknotes from The Bank of Otago Limited were issued over a 10 year period from 1863 until 1873. The bank was not strong enough to maintain an independent existence and its relatively short life ended when the National Bank of New Zealand took over its 13 branches in 1874. It can probably be assumed that this note was obtained around the time of the takeover.
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 2540
JOHN JONES, one pound, undated 18- (circa 1862), not numbered, Dunedin and Waikouaiti, imprint of ...
Estimate $750
Lot 2541
BANK OF AUCKLAND, first issue, one pound, Auckland, 4th July 1865, No. A 9326, imprint ...
Estimate $12,500
Lot 2542 This lot
THE BANK OF OTAGO LIMITED, one pound, Dunedin, 1st June 1872, A54780 No., "one pound" ...
Estimate $9,000
Lot 2543
BANK OF AOTEAROA, one pound (Kotahi Pouna), (Auckland), undated (1884?), No.0000, (P.S101 [This Note illustrated]; ...
Estimate $8,500
Lot 2544
THE COLONIAL BANK OF NEW ZEALAND, second issue, one pound, Dunedin, 1st March 1891, S/Z ...
Estimate $14,500