Lot 108

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Description:

A variety with 'JH' initialled over the '2s. 6d' possibly to show it had been retrieved by the trader

    Provenance:
  • Ex Noble Numismatics Sale 78 (lot 4595), Sale 71 (lot 2822) the John Pettit Collection, previously sold Sale 38 (lot 2783).
  • Exhibited:
  • Paper Money, Australia & New Zealand
  • Literature:
  • Coins, Monies & Stamps
  • Medium:
  • 396
  • Circa:
  • Collectibles
  • Notes:
  • No '61' SYDNEY, 'May' 181? JOHN HUTCHINSON. TWO SHILLINGS & SIXPENCE. I Promise to Pay to Bearer, the Sum of Two Shillings and Sixpence, in Copper Coin, on Demand. 2s. 6d. 'J 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:
  • Water stain, pinholes

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July 4, 2021 12:00 PM AEST
Paddington, Sydney, Australia

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