1910 Superscribed £1 Note National Bank of Australasia R#S50 about VF
| We Last Sold This Item For: | $7,485.00 |
|---|---|
| Last Sold On: | 13/5/2021 |
| # Sold In Past 12 Months: | 0 |
1910 One Pound Note Superscribed Collins Allen National Bank of Australasia RS50 about VF
Host Form: National Bank of Australasia (Melbourne)
Host serial numbers: Z302757 | Superscribed serial numbers: E 551244
Provenance:
Lot #2572, Downie's (Australian Coin Auctions) Auction 271 (March 2000). Estimate: $7,500, Hammer: $11,500, Nett: $13,225. This note surfaced in what the auctioneer described as "The North Queensland Hoard" - it had been in the same family since 1928.
Lot #3160, Noble Numismatics Auction 100 (July 2012). Estimate: $9,500, Hammer: $9,00, Nett: $10,485.
This is a wonderful example of Australia's very first Commonwealth note.
This particular superscribed one-pound note is fresh and original - just remarkable when we consider the age of the note and the extent to which it would have circulated throughout World War I.
The simultan colours remain bright, and all of the superscribed details remain sharp and distinct. The border areas are lightly toned, this should be hardly surprising given the paper is devoid of any pinholes, the edges remain intact right the way around.
The vast majority of superscribed notes that remain available to collectors today have impediments of some kind. Each undoubtedly has the same rich history as those in a better grade, over and above that basic appeal, superscribed notes become far rarer (and definitely more valuable) when quality is a consideration.
Make no mistake, cheaper superscribed notes are periodically available - one could well be bought for less than $5,000 with a good degree of patience. Such a note would have a significant impairment such as missing corner or corners, a large hole or multiple tears.
SKU: 17275
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