Private Bank Issues

Lot 3263    Session 10 (7.30pm Thursday)    Private Bank Issues

Estimate $800
Bid at live.noble.com.au
SOLD $2,000

MESSRS. George Lloyd and Company, one pound, Sydney 1st August 1854, No.10176, imprint 'H.C. Jervis, Engraver and Printer, Pitt Street, Sydney', issued as Lloyd's Rooms, City Mart, George St., Sydney, signature of George A. Lloyd lower right, entd. by J[ohn] Jones?, (Marks, p.145 and opposite plate). Creases, missing almost complete left border, extensive irregular edges, folds and minor tears, otherwise good - very good and extremely rare.

This is a recently discovered example of this interesting note with an account of the issue by Percy J. Marks 'The History of Paper Currency in Australia' in The Royal Australian Historical Society, Journal and Proceedings, 1919 Vol.V Part III pp.105-151, particularly on p.145 where he notes...'Messrs. George Lloyd and Company, of the City Mart, George street, issued a pound note dated 1854, engraved by H.C. Jervis. It is after the style of the Australian Bank Notes ....It has several symbolical designs, (vignettes). The founder of this firm, Mr. George Alfred Lloyd was born in London in 1815, and came to Sydney in 1834. He opened a business establishment at Hinton, on the Hunter River, but in 1840 came to Sydney and set up business as an auctioneer. He entered Parliament, and was the first Postmaster-general in the Parkes Ministry, and afterwards held other portfolios. In 1887 he was appointed a Member of the legislative Council; and died in 1897.'