Super Rarities

Anything not related to Irish paper money. Other Banknotes • Coins • Medals • General Stuff
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Mac
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Super Rarities

Post by Mac »

I came across this recently.
From Spink Auction: 1023 - World Banknotes 
Lot: 253.

From the catalogue description:
Colonial Bank, $5, Saint Thomas, 1 January 1879, ´Issued at St. Croix branch´ top left and right (Pick unrecorded), a fresh white and attractive example, very fine and of the highest rarity, possibly a discovery note, a truly special note Estimate £5,000-7,000.

It sold for £25,000, plus fees.
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Colonial-Bank-5-Dollars-Saint-Thomas-1-January-1879.jpg
Colonial-Bank-5-Dollars-Saint-Thomas-1-January-1879.jpg (30.55 KiB) Viewed 25 times
.
Interestingly, St Thomas, and St. Croix were both part of the Danish West Indies at the time.

Some background information on the operations of the Colonial Bank on these islands is mentioned on an article about the
The Danish-West Indian National Bank.
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Mac
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Re: Super Rarities

Post by Mac »

The Colonial Bank commenced business on 15 May 1837 in Trinidad, Jamaica, Barbados, British Guiana, and St. Thomas. It was an initiative by London bankers and merchants to create a banking system in the West Indies.

The Colonial Bank Correspondence 1837 - 1885 archive of early correspondence provides some useful background information on the bank, which was a forerunner of Barclay's Bank.
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