Rare Watford Bank 1 Pound note up for auction
After the Creede banknote, I found another article with an old banknote from a bank which no longer exists today. This is the 1 Pound note from the Watford Bank issued in the UK in 1823. It is part of the collection of property investor David Kirch. His collection will be auctioned in 4 parts at Spink.
Watford Bank was founded in 1823 - during the reign of King George IV, formerly the Prince Regent - and went bust in 1826, as many of the English provincial banks did at this time. It was run by three local businessmen - Joseph Pike, William Horwill and Thomas Pike. In fact, it is Joseph Pike’s handwritten signature which appears in the bottom right hand corner of the pound note coming up for sale next week.
The note is expected to sell for around £300-£400.
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