Victoria Collection (Canada, World)

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Lot 2860    Session 10 (7.30pm Wednesday)    Victoria Collection (Canada, World)

Estimate $400
Bid at live.noble.com.au
SOLD $700

UNION BANK OF NEWFOUNDLAND, one pound, Saint Johns (Newfoundland), 1st May 1880, No.7298, imprint American Bank Note Co. N.Y. (Charlton 750-14-06). Several rust spots, flattened of folds and creases otherwise good fine.

The Union Bank of Newfoundland (1854-1894) failed in 1894 due to disastrous economic conditions and a run on the bank caused by the failure of the Commercial Bank of Newfoundland in the same year. The Newfoundland Government assumed the responsibility of redeeming the failed bank's notes. The notes of the Union Bank continue to be redeemable for eight cents on the dollar. Ex Marcel Stanley Collection.

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 2858  

    BANK OF BRITISH NORTH AMERICA, five dollars, Montreal, May 28 1886, No.349347, imprint British American ...

    Estimate $150

  • Lot 2859  

    CITY BANK (MONTREAL), one dollar, Montreal, Jan 1st 1857, No.13148, imprint Toppan, Carpenter & Co. ...

    Estimate $200

  • Lot 2860   This lot

    UNION BANK OF NEWFOUNDLAND, one pound, Saint Johns (Newfoundland), 1st May 1880, No.7298, imprint American ...

    Estimate $400

  • Lot 2861  

    BANK OF TORONTO, five dollars, Toronto, 1st October 1929, No.2212372, imprint Canadian Bank Note Company, ...

    Estimate $150

  • Lot 2862  

    BANK OF TORONTO, twenty dollars, Toronto, 1st Feby 1923, No.67650, imprint Canadian Bank Note Company, ...

    Estimate $150