The Collection of British and Irish Banknotes formed by the Late Edward Barnby

Date of Auction: 13th April 2010

Sold for £290

Estimate: £200 - £250

British Provincial, Devon, Exeter, Exeter Bank, One Pound, 10 July 1809, W 118, for Sir John Duntze Bart, Sanders, Hamilton & Co, signed by E.L. Sanders (Outing 755B; Grant 1110). Trimmed and pinholes, otherwise very good £200-250

Footnote

The Exeter Bank, the first such institution in the city, was established in Cathedral yard on 9 July 1769 as Duntze & Co by Sir John Duntze, 1st Bt (c.1735-95), an Exeter woollen merchant who was elected MP for Tiverton in 1768. His partners in the venture were William Mackworth Praed (1749-84), Joseph Sanders (†1819) and Daniel Hamilton (†1810). Duntze was succeeded by Sir John Duntze Duntze, 2nd Bt (c.1765-1830). The signatory of the note, Edward Lloyd Sanders (†1839), son of Joseph Sanders, was admitted to the partnership in 1810; an oil portrait of him is in the National Westminster Bank archives. The bank was amalgamated with the City Bank in 1901 and after further takeovers became part of National Provincial Bank in 1918 and then NatWest