Lot 2976

Description

One Pound, Collins/Allen (1910), superscribed issue on The Royal Bank of Australia Limited, one pound, Melbourne, No. 116316, superscribed serial E 356686, (R. S58, and This Note illustrated p.35 Nicholson). Folds and creases, note overall rather attractive, otherwise good fine and excessively rare.

Ex D. Walsgott (lot 491) Collection and Dr. Alan Nicholson Collection, Sale 49 (lot 1684). The Royal Bank of Australia (1888-1927), is of some interest particularly as it utilised the same vignette and has some similarity in style to the defunct earlier Royal Bank of Australia (1840-1850). This new Royal Bank of Australia, remained small and conducted business in a cautious manner, consequently it survived the banking crises and crashes in the 1890's. It was eventually taken over by the E.S. & A Bank in 1927.