Aust. Banknotes - Private Bank Issues
Lot 3205 SESSION 16 (7.30PM THURSDAY 23RD NOV) Aust. Banknotes - Private Bank Issues
Estimate $80,000
Bid at live.noble.com.au
THE COMMERCIAL BANK OF AUSTRALIA LIMITED, specimen set one pound, five, ten, fifty and one hundred pounds, Melbourne 18- (MVR pp133-5), missing a twenty pounds to complete, last four perforated ' Specimen/B.W & Co/London'. Uncirculated and excessively rare. (5)
The Commercial Bank of Australia was founded in 1866 in Melbourne and originally concentrated on small business and on farming. It was the only Australian Bank to include inscriptions in Chinese on the banknote (probably as claimed that a prominent Chinese businessman on the first Board, recognised the potential of the large minority of the overall population who were migrants from China). The text in Chinese translates as 'One Pound New Gold Mountain', (the Chinese name for Melbourne, as San Francisco had been translated into Chinese as Gold Mountain at the time of the Californian Gold Rush a few years earlier).
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 3203
THE CITY OF MELBOURNE BANK LIMITED, one pound, Melbourne 1st April 1877 overprinted in red ...
Estimate $9,000
Lot 3204
THE COLONIAL BANK OF AUSTRALASIA, printer's proof of front on full sheet, one pound Melbourne ...
Estimate $750
Lot 3205 This lot
THE COMMERCIAL BANK OF AUSTRALIA LIMITED, specimen set one pound, five, ten, fifty and one ...
Estimate $80,000
Lot 3206
THE COMMERCIAL BANK OF SOUTH AUSTRALIA, one pound Adelaide 1st November 1878 No A 20477 ...
Estimate $8,000
Lot 3207
THE COMMERCIAL BANK OF SOUTH AUSTRALIA, one pound Adelaide, 1st January 1883 No B141199 (MVR ...
Estimate $11,000