Important British, Irish and World Banknotes (27 September 2006)

Date of Auction: 27th September 2006

Sold for £390

Estimate: £250 - £300

Mount Gawne Bank, One Pound, 7 November 1817, no.874, contemporary forgery (cf. Quarmby 213). 'Forged' written across front and with a 20mm tear in right edge, otherwise fine (£250-300)

Footnote

The bank was founded by Edward Gawne (†October 1837), brewer and landowner at Mount Gawne, near Port St Mary. Gawne was an issuer of card money as early as 1806; his first banknotes are dated 7 November 1817. He was much troubled by contemporary forgeries of both his cards and paper, as Charles Clay’s 1869 publication on Manx currency testifies