1823 Van Diemen's Land 4 Spanish Dollars Promissory Note Lempreire Good
| We Last Sold This Item For: | $1,800.00 |
|---|---|
| Last Sold On: | 20/11/2023 |
| # Sold In Past 12 Months: | 1 |
1823 Van Diemen's Land 4 Spanish Dollars Promissory Note Lempreire Good
Front: Issuer's name at left margin, denomination below, signatures and date at bottom
Serial: 043 | Date: 25 June 1823
Measurements: 207mm * 115mm
This is an intact example of the most used paper currency in colonial Australia.
Coins were extremely scarce in colonial Australia, so to help grease the wheels of daily trade, paper currency notes for equivalent amounts were issued by many merchants across New South Wales and Van Diemen's Land right up until the late 1820's.
Solid British gold, silver and copper coins (known in the day as "sterling") were trusted far more in daily business than the often-flimsy paper currency notes, so many of the colonists that had been born in Britain took to referring to themselves as "sterling", and at the same time contemptuously referred to native-born colonists as "currency", the inference being that anyone born on the Australian continent was inferior, and not to be trusted!
Peter Miller Cunningham was a Scottish naval surgeon, and a resident of colonial Australia. In 1827, he published "Two Years in New South Wales; a Series of Letters, Comprising Sketches of the Actual State of Society in that Colony; of its Peculiar Advantages to Emigrants; of its Topography, Natural History, etc. etc." across two volumes. He states in this book that the terms "sterling" and "currency" as descriptors of various classes within colonial Australia were "...originally given by a facetious paymaster of the 73rd Regiment [based in New South Wales], the pound currency being at that time inferior to the pound sterling.""https://adb.anu.edu.au/biography/lempriere-thomas-james-2349">England.
SKU: 212783
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