Victoria Collection (Canada, World)

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Lot 2872    Session 10 (7.30pm Wednesday)    Victoria Collection (Canada, World)

Estimate $500
Bid at live.noble.com.au
SOLD $1,000

BANK OF PRINCE EDWARD ISLAND, twenty dollars, Charlotte Town, 1st Jany 1872, No.04463, imprint British American Bank Note Co. Montreal & Ottawa (P.S1929a). Vertical fold otherwise good extremely fine.

The Bank of Prince Edward Island (1856-1881) was the first bank ot be incorporated under Provincial Charter in the colony. The bank was established in 1856, with a capital stock of Å“30,000 and through conservative management, the bank was prosperous over the next two decades until a change of cashiers in 1876 resulted in large advances being made under false pretenses. The bank became insolvent as a result and in 1881 was liquidated by the courts, with the Bank of Nova Scotia as liquidator.

Estimate / sale price does not include buyer's premium (currently 22% including GST) which is added to hammer price. All bids are executed on the understanding that the Terms & Conditions of sale have been read and accepted. For information on grading and estimates please refer to the Buying at Auction advice.

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Adjacent lots

  • Lot 2870  

    INTERNATIONAL BANK OF CANADA, one dollar, Toronto, Septr 15th 1858 (2), September 15th 1858, No. ...

    Estimate $400

  • Lot 2871  

    INTERNATIONAL BANK OF CANADA, ten dollars, Toronto, June 1st 1859, No.364, imprint American Bank Note ...

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  • Lot 2872   This lot

    BANK OF PRINCE EDWARD ISLAND, twenty dollars, Charlotte Town, 1st Jany 1872, No.04463, imprint British ...

    Estimate $500

  • Lot 2873  

    THE ZIMMERMAN BANK, three dollars, Elgin, undated, not numbered; three dollars, Clifton, undated, No.782, imprint ...

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  • Lot 2874  

    BANK OF WESTERN CANADA, one dollar, Clifton, Sept 20th 1859, No. 952; two dollars, Clifton, ...

    Estimate $300