Provincial And Suburban Bank Unissued Five Pounds Victoria 18-- MVR#2a good VF
We Last Sold This Item For: | $950.00 |
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Last Sold On: | 7/12/2019 |
# Sold In Past 12 Months: | 0 |
Provincial and Suburban Bank Unissued Five Pounds Victoria 18-- MVR#2a good VF
Front: Vignette of female figure to left, denomination in each corner, legend at centre.
Back: Denomination at centre and in each corner, female figures left and right.
A truly affordable pre-fed note with an excellent back-story.
The story of the establishment, operations and demise of the Provincial and Suburban Bank (P&S Bank) really is a study in how not to run a bank - most notes by the P&S Bank seen on the collector market today were in fact not issued legally, but made their way into circulation after the bank went into liquidation.
One or more people associated with the bank obviously chose to prey on the lack of knowledge of their fellow citizens by "passing off" unissued notes from the P&S Bank as legitimate notes - equal in value to any other such notes in circulation at that time.
These notes are generally undated and signed by people other than the men known to be managing the bank at that time.
While they are certainly not the rarest notes from Australia's pre-federation period, they are without question an excellent type note for the collector working on a budget.
SKU: 206620
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