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Estimate $1,250
Bid at live.noble.com.au
TAMAR BANK, Launceston, Bank Share for fifty pounds, dated First September 1835 (183 printed) No.160, 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 absobed 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 / 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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