Australian Banknotes - Private Bank Issues

Sale 89    25–28 Nov 2008   Hotel InterContinental   Sydney

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Lot 3415    SESSION 12 (7.30pm Thursday)    Australian Banknotes - Private Bank Issues

Estimate $10,000
Bid at live.noble.com.au

THE AUSTRALIAN JOINT STOCK BANK LIMITED, one pound, Sydney, 1st July 1893 A 096944 A (MVR type 4b). A full note, very good and rare.

The financial crisis of 1893 caused the suspension of the Australian Joint Stock Bank on 21 April following the withdrawal of 500,000 sovereigns in the space of a few days. The note issue at the time of suspension was ú476,225. The bank reconstructed, and registered on 16 June under the Companies Act. It re-opened on 19 June as the Australian Joint Stock Bank Limited. Sold on behalf of the signatory's son. The signatory is G.V.Taylor, manager of the Australian Bank of Commerce Ltd. Coonabaraban. Together with two books by F.W. Strack viz "cheques", Melbourne June 1913 (red cloth octavo), "Promissory Notes" Melbourne, September 1913 (red paper covers, octavo) both signed by G.V. Taylor 1st July 1915 and 17 Sept 1913 respectively, plus his business card.

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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  • Lot 3415   This lot

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