Auction: 24862 - The Robin Benke Collection of English Banknotes
Lot: 35
Treasury Series, John Bradbury, [Top Pop] Remainder £1, ND (1914),
the notes issued under the authority of John Bradbury mark a pivotal moment in the monetary history of the United Kingdom. Introduced in 1914 during the outbreak of the First World War, these notes were created to address the urgent need to withdraw gold coins from circulation, replacing them with low-denomination banknotes - a revolutionary concept at the time.
This Remainder one-pound note is a fascinating relic from this era. Although never issued for circulation, it bears the distinguished name of Sir John Bradbury, whose signature became synonymous with stability and innovation amidst a time of global uncertainty.
These early Treasury notes not only symbolise a shift in public trust from precious metals to paper money but also serve as a tangible connection to the economic and political challenges of wartime Britain. Their design, featuring bold typography and the assurance of value backed by the government, underscores their historical importance,
(EPM T1-7, Pick 347r), in PMG holder 30 Very Fine, corner tip missing, tied for Finest graded with just another example on PMG Census, rare
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Estimate
£700 to £1,000
Starting price
£480