In the late 19th and early 20th century there was a proliferation of private banks which served their local communities and issued banknotes. Many went bust but not the Stamford, Spalding and Boston Banking Company which continued to issue banknotes until 1907 when it was absorbed into Barclays Bank. When the merger occurred all the outstanding banknotes were honoured and a V shape was made into the notes to show they had been paid. We are delighted to offer examples of the £10 note issued by the Stamford Spalding and Boston Banking Company. They are printed on one side only. Available with cut signature panel in GF-VF for just £45.00 each
In the late 19th and early 20th century there was a proliferation of private banks which served their local communities and issued banknotes. Many went bust but not the Stamford, Spalding and Boston Banking Company which continued to issue banknotes until 1907 when it was absorbed into Barclays Bank. When the merger occurred all the outstanding banknotes were honoured and a V-shaped was made into the notes to show they had been paid. We are delighted to offer examples of the £5 note issued by the Stamford Spalding and Boston Banking Company. They are printed on one side only. Available with cut signature panel but in crisp EF/GEF condition.
In the 19th century local banks proliferated, financed by local citizens. Many went bust but some, like the Stockton on Tees Bank, merged with larger banks to survive. The Stockton on Tees Bank was taken over by the precursors of the Barclays Bank we know today. As part of the process, Barclays honoured the note issue and to show that this had been done, the signature panel was cut out. As every time a note was issued it was required for stamp duty to be paid, these notes were circulated extensively to avoid new duty being paid. The vast bulk of the Stockton on Tees notes that we see are very well circulated but we recently bought a group which were cancelled the usual way but are in much much higher grade. Here we present the Stockton on Tees £5 note dated in the 1880’s-90’s in Crisp GEF condition.
Wisbech: a complete original book of 100 of the £5.00 note issued around 1890. Barclays Bank bought them out and as the notes were still valid, they cut a small triangular piece out of the signature. These are as printed, Uncirculated in their original book. Normally we sell individual notes in this quality for £75.00 each.