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Auction: 6006 -  Banknotes of the World
Lot: 550

Bank of England, Thomas Madockes (1699-1739), a note payable to Mr Thomas Shipman or bearer for the amount of 99 pounds, 7 shillings, four pence, serial number 89 and dated 30 August 1705, black and white on watermarked paper, a vignette top left of Britannia with olive spray, shield and staff, a beehive (Industry) at her feet, surrounded by a border of 32 stars. The text is partially printed, the serial number, date, payee and the amount entered by hand. There are two manuscript signatures below and the note is cross cancelled by hand at the right. This note is one of the last of this type, in 1707 the design was altered and in 1725 denominations were printed for set amounts. All Bank of England banknotes prior to the early 1800´s are extremely rare, this example believed to be the earliest note extant in private hands. The fabric of the note is still strong, the print and manuscript detail fresh, there is a small hole at centre (possibly due to spiking at the bank), signature torn off low right (for cancellation) and segment missing low left, the body of the note is solid, a presentable example and of the highest rarity Estimate £ 25,000-35,000

Sold for
£48,000