Private Bank Issues
Lot 2988 Session 10 (7.30pm Thursday) Private Bank Issues
Estimate $5,000
Bid at live.noble.com.au
SOLD $9,800
CORNWALL BANK, Launceston (Cornwall County), Van Diemen's Land, one pound, dated Feb, 1, 1831, (183 printed), numbered 7338, signatures on note are Richard Dry (foundation director of the bank 1828-1836) and William Effington Lawrence (Bank Chairman 1828-1836) imprint of 'Bock sct Hobart' (Vort-Ronald, comments on bank and type p.153). Many folds and creases, rough edges stiftened with fresh paper on frayed edges, with additional tone and staining marks, many pin-holes, otherwise good - very good and excessively rare if not unique as an issued note from this bank.
A small bank that was active from 1828-1835. Opened when the Derwent Bank refused to open a branch in Launceston. The bank was absorbed by the Bank of Australasia. Notes were issued in denominations from one to twenty pounds. Proof and unissued notes are known, this example is the only known issued and circulating note. The lot comes with a newspaper clipping from January 1997 Bank Note Reporter.
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.
Quick find
View a lot by number and sale.
Adjacent lots
Lot 2986
COMMMERCIAL BANKING COMPANY OF SYDNEY, one pound Sydney 18- (MVR type 2), imprint of Perkins, ...
Estimate $1,500
Lot 2987
THE COMMERCIAL BANK OF TASMANIA LIMITED, Lauceston, Tasmania, one pound, dated 1 Januar 1910 (date ...
Estimate $8,000
Lot 2988 This lot
CORNWALL BANK, Launceston (Cornwall County), Van Diemen's Land, one pound, dated Feb, 1, 1831, (183 ...
Estimate $5,000
Lot 2989
ENGLISH, Scottish & Australian Chartered Bank, Melbourne, one pound, issued at Melbourne but overstamped CANCELLED ...
Estimate $2,500
Lot 2990
ENGLISH, Scottish & Australian Bank Limited, Sydney, one pound, proof with large frame, issued at ...
Estimate $2,500