Lot 2907

Sale 86 · Important Australian, World & Ancient Coins, Medals & Banknotes

Description

Tamar Bank, Launceston, Bank Share for fifty pounds, dated First September 1835 (183 printed) No.168, printed on vellum, was issued to William Field, signed by Bank Directors Philip Oakden and Lewis Gilles. An extremely rare example of this early bank, as no banknotes are known to have survived. Two folds, extremely fine and extremely rare.

The Tamar Bank opened for business on January 1st 1835 and ceased operation on 30th April 1838, when it was absorbed by the Union Bank of Australia, re-opening the next day as the first branch of this newly formed bank. Lewis Gilles remained as manager of the Union Bank branch. The Union Bank merged with the Bank of Australasia in 1951 to form the A.N.Z. Bank Ltd. A further merger with the E.S.& A. in 1970 resulted in the ANZ Banking Group Ltd.

Estimate
$2,000
Result Status
Sold
Prices Realised
$0

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