Private Bank Issues

Lot 3103       Private Bank Issues

Estimate $7,000
Bid at live.noble.com.au
SOLD $10,000

BANK OF NEW SOUTH WALES, one pound, emergency issue, issued at Sydney, 15th May, 1893, No.A 077181, hand signed by Manager John Potts and entered by P.Allen?, watermarked paper, with imprint in centre of bottom, 'John Sands, Sydney', temporary design with 1 within squares in corners, on a rectangular framed ornate tablet with 'New South Wales' on edge, across back diagonally in orange 'The Bank of New South Wales', black on white, orange diagonal, (Vort-Ronald, p.67-85 on bank, and similar note illustrated as Fig.80, without 1's in corner, Renniks MVR 9). Folds and creases, missing portions of edging on two sides, large tear across half of the note, and many other smaller tears, otherwise nearly very good and excessively rare, the only note ever offered for sale.

This Bank of New South Wales one pound note is one of the rarest and most important note issues from this Pre-Federation period. It was issued at a time of great banking crises.