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London Coins Ltd
Auction 170  5-6 Sep 2020
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Lot 19

Starting price: 100 GBP
Price realized: 240 GBP
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Ten Shillings Bradbury First Issue T10 Red De La Rue Dot in No. 5 Digit serial number issue 1914 series B/23 30179 and a scarcer type note with "P" of "POSTAGE" visible in watermark at top left above George V medallion, presentable Fine with small edge nicks and very minor pinholes to upper left, expected for the note's age. In 1914 just prior to the outbreak of World War I Lord Atterbury, Controller of H.M Stationery Office and Sir John Bradbury, the Secretary to the Treasury met at his house and they produced a design for these 10 Shillings and 1-pound notes just overnight. Due to no banknote paper available at the time except for the one in use for the White notes of Bank of England and for a rather rapid issuance of the notes simple cypher watermarked postal stamp paper was utilised. In addition to this, in order to increase the effectiveness of the productivity, a small number of notes were printed sideways at the edges of the sheets to fill the blank space resulting in another rare watermark variety known as the sideways watermark. In short, these watermark varieties are rather Rarer compared to the other notes as there would be a very limited number of them per sheet, on top of the fact that these notes are over a century old now with very few survivors seen nowadays. Therefore, this provides an exclusive window of opportunity for any collector to acquire this excellent example

Estimate: 100-200 GBP
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