Lot 4778

Sale 61 · Important Australian & World Coins, Banknotes & Military Medals, The W.J.Noble Collection of British Tickets, Passes & Tokens

Description

Tamar Bank, Launceston, Bank Share for fifty pounds, dated first september 1835 (183 printed) No.172 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. Some folds and a few pinholes, otherwise nearly extremely fine and extremely rare.

The Tamar Bank opened for business on January first 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 resluted in the ANZ Banking Group Ltd.

Estimate
$1,200
Result Status
Sold
Prices Realised
$1,700