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Banknote of the Week

The Renfrewshire Banking Co. 1833: Ranked Stamp ‘Banked 1842’ – Ref RE7

The Renfrewshire Banking Co. 1833: Ranked Stamp ‘Banked 1842’ – Ref RE7

This is a note from one of the 'Lost Banks of Scotland'. The Renfrewshire Banking Company lasted from 1802 to 1842. It met the needs of Industry, Fishing and the West Indies Trade. It folded in 1842 with debts of around £250k. The stamp on the note on the middle is one that was submitted to the Liquidator in expectation of a dividend. The bank is one of the few in Scotland to have suffered such losses. Provincial Banknotes of England and Scotland are fascinating and provide an insight into the commerce of a particular time in Britain. Provincial Bank Notes are wonderful to collect so have a browse through what is on offer. Contact me with any queries. If you want to have any collections valued, I am happy to help.

Featured Bank Notes

British banknotes, paper money, has a long history dating back to 1695, the year after the founding of the Bank of England. Over the centuries, banknotes have developed in face value even though for most people until 1914, banknotes were rarely seen or used.

It was after the outbreak of WW1 banknotes were produced with lower values, 10/- and £1. These are ‘Treasury Notes’, signed by the Chief Cashier of the Bank of England, John Bradbury. ‘Bradburys’ and ‘Warren Fisher’ notes are very collectible. Some notes are rare and of great value. Collectors of British banknotes are attracted by their design, rarity, currency history and can be seen as an investment.

For most, it is a hobby focussing upon a particular aspect such as Treasury Notes, White £5s, Replacement notes, Experimental notes, Errors, Low serial numbers, Debdens, First and Last runs. Amongst the British and World banknotes on offer here, I hope you will find banknotes to enhance your collection. Have a look at the Provincial Notes (English) on offer.

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