Lot 2826

Description

The Royal Bank of Australia, one pound, Sydney, 1841 (184 printed), not numbered, hand signed by Manager, Director and Accountant, Interest bearing note, printed on watermarked paper probably with [Royal Bank of] Australia with a frame, with imprint on centre of bottom, 'W.H.Bruce Engraver and Printer, Trump St., King St, Cheapside, with vignette of modified Royal Arms with supporters and St Andrew, all within rectangular spiral border, on front of note, 'Promise to pay Bearer on 1848 at Sydney the Sum of One Pound Sterling with Interest to that day at the rate of five Per Cent Per Annum', also in background in large letters 'POST NOTE ONE POUND', black on white. (Vort-Ronald p.208-209 on bank). Heavily frayed edges, tears and holes, some pieces missing, repaired with clear tape on back, very fine and extremely rare.

This issue of the Royal Bank of Australia (1840-1850) is of most interest, particularly as it was founded by Benjamin Boyd of whaling fame, it collapsed in 1850.