DescriptionSaint Johns, NF- Union Bank of Newfoundland £1 1880 Ch. # 750-14-06.
This bank's forty year existence was terminated due to a run on the bank precipitated by the failure of the Commercial Bank of Newfoundland in 1894. Notes from this bank continue to be redeemable by the government of Newfoundland at eighty cents on the dollar. It's unlikely that anyone will seek to redeem this moderately circulated example that has some foxing on its back. PMG Choice Fine 15 Net.
Estimate: $1,500 - $2,000.
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