Private Bank Issues


Lot 2820    Session 10 (7.30pm Thursday)    Private Bank Issues

Estimate $4,000
SOLD $3,500

THE RIVER DON TRADING COMPANY, River Don, Tasmania, issued at River Don, twenty two shillings and sixpence, currency note, dated 16 Jany 1889 (18-printed), No.129, no watermark, circular value tablets in upper corners, vignette of industrial and farminf scene, no imprint but a possible product of Aikenhead & Button Launceston, stating on front 'On Demand please pay Bearer the sum of TWENTY TWO SHILLINGS & SIXPENCE Stg. Manager Bank of Van Diemans Land, Launceston, signed William Shaw Secretary and John Henry Manager, impressed with Tasmania duty stamp for one penny, and stamped with oval bank stamp of the Commercial Bank of Tasmania, Latrobe, red counter stamp FORMBY on left hand side for the township of Formby, red on white. Holes on creases, edge tears, folds, otherwise nearly fine and very rare for this denomination.

The River Don Trading Company was founded in 1872 and was a successful business, even when their bankers the Bank of Van Diemans Land had failed in 1891, this company continued to trade. John Henry a signatory on this note, was clever at finances and in 1892 became Tasmanian Treasurer. He also was a member of the Convention that framed the Australian Constitution making this note a link to the formation of Australia. The River Don Trading Company issued a range of notes from five shillings to five pounds which included some odd denominations as 22/6, 25/- and 30/- which must have had some relevancy to the firm's business. Ex Noble Numismatics Sale No.40 (lot 1647)and Dr A.Nicholson Collection (lot 1647).

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 2818  

    SEAMAN'S ADVANCE NOTE, issued at Hobart Town, November 12, 1856, for four pounds, 'Two days ...

    Estimate $1,000

  • Lot 2819  

    TAMAR BANK, Launceston, Bank Share for fifty pounds, dated First September 1835 (183 printed) No.160, ...

    Estimate $1,250

  • Lot 2820   This lot

    THE RIVER DON TRADING COMPANY, River Don, Tasmania, issued at River Don, twenty two shillings ...

    Estimate $4,000

  • Lot 2821  

    BANK OF NEW SOUTH WALES, one pound, Melbourne, 1st August 1906, A466162 (MVR type 7(f)). ...

    Estimate $3,000

  • Lot 2822  

    BANK OF NEW SOUTH WALES, ten pounds, Sydney 1st October. 1902, 21683 entd. by J.H.Potts ...

    Estimate $3,000