Lot 41
One of 53 privately held. Signed by the Assistant Commissary General 'Affleck Moodie.' Collicott was the Hobart Town Postmaster and a licensed auctioneer. On the back Collicott has signed over the proceeds of the note to Gamaliel Butler
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Dimensions:
- 19x18cms Exhibited:
- 396 Literature:
- Collectibles Medium:
- Coins, Monies & Stamps Circa:
- Paper Money, Australia & New Zealand Notes:
- This 'Third of Exchange' was a third copy of a tri-part invoice for payment on 'Account of Public Service' that was redeemable at His Majesty's Treasury, Whitehall London. Because of the possibility that a ship could be lost, it was the normal practice for the 'First of Exchange' (the first copy) and the 'Second of Exchange' (the second copy) of a transaction to be sent separately to London on different vessels, with only the first to arrive being honoured. The 'Third of Exchange' (third copy) was kept by the issuer as a receipt of money owed. The 'First of Exchange' left Hobart Town on the 'Medway' on the 20th April 1828 and the 'Second of Exchange' on the 'Calista' on the 3rd July 1828.
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