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Reference: MRV2c. Page 175 Renniks 25th edition Banknote/Coin Catalogue 2014.
Australian Pre Federation Banknote.
Bank: The Union Bank. Denomination: Five Pound. Uniface Printers Proof. Domicile: Adelaide. Circa: 1881.. Grade: aUncirculated.
This banknote, is a remainder, that is it has been cancelled by The Union Bank as was their practise of cutting 10% from the bottom of all specimens & printers proof’s.
Therefore described as a “cancelled printers proof”. The RR of a complete printers proof is $8600.00. (Refer Renniks).
Sale Price: $450.00. For a cut/cancelled banknote is a rare opportunity for a collector to own a wonderful piece of Australian history.
Reference: MVR2c. Page 175 Renniks 25th edition Banknote/Coin Catalogue 2014.