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Rare 1814 £100 banknote by Derby Bank to be Auctioned

2017-07-15 Sat

A rare 1814 £100 banknote, printed one year before the Battle of Waterloo will be auctioned on 25th July for an estimated value of £300. Experts believe that the black and white note, which was discovered inside a house, is very rare because of its high value. The note has some wear round the edges and minor discolouration but is in good condition. The text Derby Bank and the date March 4, 1814, is printed on the note. £100 in those days would have been equal to £3,500 of today’s times. It is signed by John Bramley and features a "stag in the park" insignia.

The original Derby Bank was in the Cornmarket. A sign for the Derby Bank is still seen on the wall above the BookCafe. Derby had some successful privately-owned banks in the 19th Century. The Derby Bank was founded in 1806 and was merged with the Union of London and Smiths Banks Ltd. in 1902. The bank was renamed several times after that and finally in 1980, it was named NatWest.