Malcomson Brothers, Portlaw, Co. Waterford, 1838-1854

Banknotes issued by Irish Private Banks ca1700–ca1833
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Malcomson Brothers, Portlaw, Co. Waterford, 1838-1854

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During the 1820’s , the Malcomson Brothers built a large cotton mill at Portlaw, Co. Waterford, on the Cloddagh River, a tributary of the River Suir. The factory was apparently highly successful until the American Civil War when supplies of cotton became difficult to obtain.

Malcomson Brothers are noteworthy from a numismatic point of view as issuers of cardboard tokens to their employees. These lacquered paper tokens were often called ‘leather money’ due to their appearance. The sound reputation of the Malcomson business meant that these tokens were readily accepted as payment by shopkeepers and tradespeople within the local district.

Denominations observed to date are for 4 Pence, 1 Shilling and a Half Crown, with dates in the range 1838-1854 and varieties in different colours. Here is an octagonal 4 Pence token, undated, with the signature of T.W. Brabazon.
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Malcomson Brothers 4 Pence Token ca. 1854 T.W.Brabazon.jpg
Malcomson Brothers 4 Pence Token ca. 1854 T.W.Brabazon.jpg (49.27 KiB) Viewed 94 times
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Re: Malcomson Brothers, Portlaw, Co. Waterford, 1838-1854

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Here is an image of a 1 shilling token issued by Malcomson Brothers of Portlaw. The cardboard token is dated 1854 and signed by T.W. Brabazon.
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Malcomson Brothers Portlaw 1 Shilling Token 1854 T.W. Brabazon.JPG
Malcomson Brothers Portlaw 1 Shilling Token 1854 T.W. Brabazon.JPG (64.29 KiB) Viewed 47 times
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