Private Bank Issues

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Lot 2811    Session 10 (7.30pm Thursday)    Private Bank Issues

Estimate $2,750
SOLD $2,500

COMMERCIAL BANK, Hobart Town, Van Diemens Land, one pound, forgery in Indian ink, 1 July 1835 (year 18 printed), No. 1351, forged hand signatures of John Dunn (founder of the bank) and Wm. Gellibrand, copied from an original note, black on white, on unwatermarked paper, vignette of standing figure, in black ink, on front additional initials and date '11 Oct 41' in two places and 'Exhibited in the Reprieve(?) Court in Reg v. Watkins this 20th October 1841', and on back in black ink 'Produced Police Office Oct 11/41. and additional '20 Febry 1836 Exhibited in the prosecution of Eugene McCarthy this day' and signed by an uncertain signature, also additional uncertain words on back in black ink, (Vort-Ronald [p.138-141]). Missing corner and some edges, minor pin-holes and edge splits, otherwise nearly fine, believed to be unique, and of great historical interest.

Ex Dr. Alan Nicholson Collection Sale 49 (lot 1559). This contemporary forgery of a genuine banknote is the only known surviving example, forgery or genuine, from the earliest period of the Commercial Bank (1829-1921), which was later known as the Commercial Bank of Tasmania Limited. It is also one of the earliest surviving forgeries of a bank of issue, held in private hands. This note was an exhibit in apparently two court cases. The quality of the forgery is poor, but as most persons were illiterate it seems probable that the note passed readily for some time until it was detected.

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 2809  

    BANK OF VAN DIEMEN'S LAND, Hobart Town, five pounds, [altered from one pound], July 1 ...

    Estimate $1,500

  • Lot 2810  

    BANK OF VAN DIEMEN'S LAND, Hobart Town, twenty pounds, [altered from one pound], July 1 ...

    Estimate $3,000

  • Lot 2811   This lot

    COMMERCIAL BANK, Hobart Town, Van Diemens Land, one pound, forgery in Indian ink, 1 July ...

    Estimate $2,750

  • Lot 2812  

    THE DERWENT BANK, Hobart, Van Diemens Land, twenty pounds, [altered from one pound], 1 June ...

    Estimate $10,000

  • Lot 2813  

    EARLY TASMANIAN CHEQUES PERIOD 1829-1842 MADE OUT ON VARIOUS BANK CHEQUE FORMS BY JAMES KELLY, ...

    Estimate $450