WS Jones (Boulia) 1938 One Pound Note Very Good
| We Last Sold This Item For: | $275.00 |
|---|---|
| Last Sold On: | 24/3/2021 |
| # Sold In Past 12 Months: | 0 |
WS Jones (Boulia) 1938 One Pound Note Very Good
Location: Boulia (North-Western Queensland)
Serial Number: 15822
This is the highest denomination issued by this merchant.
Boulia is around 1,700 kilometres northeast of Brisbane, it currently has a population of around 600 people.
A letter to the editor of a Sydney newspaper by another merchant based in Boulia explained the reasons why shinplasters were issued there:
"The nearest bank to Boulia is at Cloncurry, nearly 200 miles away, and although we do occasionally see Treasury Notes, they are no by any means as plentiful as shinplasters. It is absolutely necessary for our business to issue our own notes and I.O.U.’s; we could not carry on without them. Men come in from the surrounding stations with big cheques which they want ‘breaking up’, and we give them our own cheques, notes, and I.O.U.’s; otherwise we should have to carry a very big quantity of Treasury Notes, which would be risky. At race time a storekeeper would probably be compelled to have on hand Treasury notes to the extent of from £800 to £1000, to change all the cheques that are presented to him. Last Christmas, the stores and hotels in Boulia ‘broke up’ cheques amounting probably to over £1000. The nearest bank is 200 miles away, and a moment’s reflection will convince anyone of the necessity for a storekeeper out here to issue his own notes, which after all are merely cheques for one pound, payable to bearer, and drawn on a bank. These notes and I.O.U.’s are freely circulated for hundreds of miles even into the Northern Territory, and there is no trouble, save that possibly sixpence exchange may be charged by an over thrifty businessman."
The shinplaster we offer here is an intact example, issued and used in an incredibly remote part of outback Queensland.
SKU: 208599
Browse our catalog of Pre-Federation Banknotes below:
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