Hanson’s Auctioneers in Etwall is to auction yet another antique relic, this time a 200-year-old £100 note, dating all the way back to 1814.
Hansons’ own coins and bank note specialist Don Collins has suggested that on most occasions when old pieces of money turn up are normally small denominations, like £1 or pennies, but to find a £100 note is highly unusual.
Dated March 4, 1814, the note would be worth roughly £3,500 in today’s money, said auctioneer owner and star of TVs Bargain Hunt, Charles Hanson. The note has Derby Bank printed on it.
Mr Hanson said: “It is remarkable to think the bank note would have been printed a year before the Battle of Waterloo.
“The original Derby Bank was in the Cornmarket and you can still see a sign for the Derby Bank in the wall above the BookCafe. Derby had some exceptionally successful privately-owned banks in the 19 century, which survived and prospered when many faltered.
“The Derby Bank was founded in 1806 and flourished for nearly a century until 1902 when it merged with the union of London and Smiths Banks Ltd.
“In 1917 it became the National and Provincial and Union Bank of England Limited, which then became the National Provincial Bank in 1924 before merging to become the National Westminster Bank in 1968, ultimately going on to be known as the NatWest in 1980.
“Despite some wear round the edges and minor discolouration, it is in relatively good condition, and considering the Derby Bank was founded in 1806, this bank note was created just eight years after its inception.
Hanson’s Auctioneers expects the bank note to fetch a price between £200 and £300 and will be auctioned on the Coins, Medals and Militaria auction on Tuesday, July 25, at the auction house in Etwall.