Description

    St. Johns, Newfoundland- Union Bank of Newfoundland Second Exchange £33 6/8 July 20, 1883
    An attractive second exchange printed on pink paper featuring the sailing ship emblem seen on the bank's early issues. The note is graded PMG Choice Extremely Fine 45. The bank was in operation from 1854 until 1894 when a poor economy and a run on the bank resulting from the Commercial Bank of Newfoundland's failure earlier that year proved too much for the bank. The government of Newfoundland took responsibility for redeeming notes of failed banks.


    Estimate: $1,000 - $2,000.

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    Auction Info

    Auction Dates
    June, 2010
    17th-21st Thursday-Monday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
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