Catalog
1 Pound Newark Bank
| Issuer | Newark Bank (Pocklington, Dickinson, Hunter & Co.) |
|---|---|
| Year | 1801-1809 |
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| Value | 1 Pound |
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| Composition | Log in to see details |
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| Obverse description | The obverse is typeset and engraved in a copperplate script style on plain paper. At upper centre, the issuing title reads 'Newark Bank' in ornate calligraphy, with the promise text 'Promise to pay the Bearer on Demand the Sum of ONE POUND, For Pocklington, Dickinson, Hunter & Co.' inscribed in flowing script below. To the upper left, a heraldic vignette displays a coat of arms with supporters, while the lower left bears the denomination 'One Pound' in bold letterpress; a manuscript serial number appears at upper left and the partial date '180_' is handwritten at upper right. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Newark Bank — trading under the partnership name Pocklington, Dickinson, Hunter & Co. — was one of dozens of English country banks that filled the vacuum left by the Bank of England's refusal to open provincial branches. These private partnerships issued their own notes on little more than local trust and mercantile reputation, which made them acutely vulnerable to runs. The period 1801–1809 bracketed serious financial stress in England, including the pressures of Napoleonic war finance and the suspension of cash payments that had been in force since 1797.
Watermarking was the primary — often the only — barrier against forgery on notes of this class. Newark itself was a market town with no established printing trade of London's caliber, so production quality varied considerably across the country bank sector.