Lot 94
The words Copper Coin on demand 'ruled out' and 'Currency' written in. This denomination was the equivalent of an 1813 Holey dollar and is the only surviving note known in private hands of this important denomination by this issuer.
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Provenance:
- Ex. D G.H. Abbott Collection from D. Raymond circa 1947. Lot 1900 W.G. & L.M. Wright Collection Nobles Auctions Sale 89B (Nov 08) sold for $9,320 Exhibited:
- Paper Money, Australia & New Zealand Literature:
- Coins, Monies & Stamps Medium:
- 396 Circa:
- Collectibles Notes:
- No '27' SYDNEY, 'May 1' 181'3' JOHN HUTCHINSON. FIVE SHILLINGS I Promise to Pay to Bearer, the Sum of Five Shillings, in Copper Coin, on Demand. FIVE S. 'John Hutchinson'. John Hutchinson a convicted wool-stapler was pardoned in 1813 by Governor Macquarie on testimonials that he was capable of establishing the first paper mill in the fledgling Colony which was desperately needed to produce newsprint etc. This venture proved a failure and he soon fell out of favour with Macquarie as well as his business partner Simeon Lord who laid claim to Hutchinson's (Paper) Mill. The mill was located on land granted to Hutchinson at the head of the Lachlan Swamp, a remnant of which still exists in Sydney's Centennial Park. As a free man Hutchinson was quick to issue 'One Shilling', 'One Shilling & Sixpence', 'Two Shillings & Sixpence' and 'Five Shillings' Promissory Notes all dated 1813 the year of his release. Condition:
- Pin holes
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| From: | To: | Increments: |
|---|---|---|
| A$0 | A$249 | A$5 |
| A$250 | A$999 | A$10 |
| A$1,000 | A$4,999 | A$25 |
| A$5,000 | A$9,999 | A$50 |
| A$10,000 + | A$100 |