British and Irish Banknotes (12 September 2019)

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Date of Auction: 12th September 2019

Sold for £5,500

Estimate: £4,000 - £5,000

Parr’s Bank Limited, £1, 1 June 1906, serial number 034408, manuscript signatures of T.H.P. Mylechreest and Percy Ashberry, black print, coat of arms at top centre, value in panel at centre, reverse blue, ink annotation on reverse, no tears, fine and excessively rare. The last example to be offered at auction was from the Godfrey Burr Collection DNW: 27 September 2006.
IOMPM M301, Pick 21a £4,000-£5,000

Parr’s Bank Ltd, so termed in 1896, originated as Parr, Lyon & Co in Warrington in 1782; it became a joint-stock bank in 1865. The bank acquired the troubled Dumbell’s Banking Co in February 1900, a transaction in which Parr’s chief superintendant of branches, Thomas Mylechreest, a former Dumbell’s employee, was principally involved. Parr’s first Manx notes were issued in May 1900 and the bank amalgamated with London County & Westminster Bank in 1918