Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
5 Pounds Salop and North Wales Bank
| Issuer | Salop and North Wales Bank |
|---|---|
| Year | 1839 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Letterpress-printed note in black on white paper, with a vignette of a building at centre, likely a civic or banking institution rendered in fine line engraving. The denomination Five Pounds appears at lower left, upper right, and centre, with the promise-to-pay text and date of issue below. The note bears the manuscript signature of Edwards and is countersigned for Price, Jones & Edwards, Shrewsbury. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain paper reverse, largely blank, bearing a manuscript bankruptcy stamp applied centrally and a handwritten official signature. The stamp records the exhibition of this note under a fiat in bankruptcy at the Shirehall, Shrewsbury, dated 16th May 1841, relating to the insolvency of partners William Birch Price and John Edwards. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The Salop and North Wales Bank was a provincial joint-stock bank based in Shrewsbury, one of dozens chartered following the 1826 Banking Act that finally broke the Bank of England's monopoly on joint-stock banking in England beyond a 65-mile radius of London. It failed in 1842 — just three years after this note was issued — triggering significant losses among local tradesmen and farmers who had accepted its paper at face value.
Surviving examples from this bank are rare simply because the issuer collapsed before most notes could circulate widely and be worn down. Bankruptcy liquidation typically meant paper was called in and destroyed, not preserved.