Provincial Banknotes are fascinating as they provide a history not only of British Banking but a history of social and economic developments in the 18th and 19th Centuries. The Carmarthen Bank was founded in 1811 and was declared bankrupt in 1832. The partnership of Walters, Jones and Co had lended money without securities and at the time of its demise its liabilities were £300k. Much of the money lent was to Drovers who purchased cattle and sheep. Banknotes to the value of £1, £2, £5, £6, £8 and £50 were issued. The notes are now rare as most were handed in to receive a 5/- in the £1 dividend payment in 1832. The £6 and £8 banknotes are very hard to come by. The note from around 1825-30 is in fair condition and lsited in the Provincial Banknotes (English) section via the Home Page.