Guide to the Paper Currency

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MS 119

National Library of Australia View Catalogue Record

Created: May 2016

Collection Summary

Title
Copper printing plates and printer’s proofs for 16 promissory notes issued by Lachlan and Waterloo Mills Co. afterwards the Waterloo Warehouse
Date Range
1822-1833
Collection Number
MS 119
Extent
0.03 metres (1 folder)
Language of Materials
English
Repository
NLA
Sponsor
The digitisation of the Library’s Currency Collection was made possible by the generous financial support of donors to the Banknotes and Currency Preservation Appeal (2015). The Library gratefully acknowledges this support.

Introduction

Scope and Contents

This collection comprises 16 copper printing plates and 32 printer’s proofs (2 of each) of company promissory notes of denominations two shillings and sixpence, five shillings, ten shillings, one pound (4 varieties), 1 Spanish dollar, 2 Spanish dollars, 4 Spanish dollars, 20 Spanish dollars, 10 dollars, 10 pounds (2 varieties) issued by Lachlan and Waterloo Mills Co., Waterloo Warehouse and Waterloo Warehouse and Bank.

Conditions Governing Access

Please refer to the collection's catalogue record for the access conditions (http://nla.gov.au/nla.cat-vn2650237).

Conditions Governing Use

Copying and publishing of unpublished manuscript material is subject to copyright restrictions. For such material, written permission to publish must be obtained from the copyright holder(s). Copying of unpublished material for research purposes is permissible 50 years after the death of the creator of the material.

Immediate Source of Acquisition

Acquired in 1924 from the executors of the estate of Sir Daniel Cooper.

Promissory notes made out to Cowper are held in the papers of Samuel Deane Gordon at MS 9865.

References

References used in the creation of this finding aid include:

Australian colonial currency and promissory notes by Michael P. Vort-Ronald, second edition, 2012 and Standard catalogue of world paper money by Albert Pick, vol 2, c1990.

Historical Note

The Lachlan and Waterloo Mills Co. began as a flour-milling business in Sydney around 1820. In June 1822 it added note issue and moneylending to its store, ship owning and importing activities under the name Waterloo Company. The first notes issued were for 1, 2, 4 and 20 dollars. In 1825 control of the Lachlan Waterloo Mills Co. was sold to Daniel Cooper and Solomon Levey. The business name became Cooper & Levey but was more commonly known by its place of business, Waterloo Warehouse. By May 1826 notes were issued in sterling denominations of 10/-, £1, £5 and £10 and watermarked Waterloo Company. Although regarded as a private bank at the time, Waterloo Warehouse notes were actually company promissory notes and were one of the few paper currencies of the day were worth their full face value. After Levey’s death in 1833, note issue was abandoned and the company business wound up in 1834, thus ending the last instance of an important Sydney merchant enterprise participating in banking.

Item Descriptions

Two printer's proofs for Lachlan & Waterloo Mills Company for promissory note of two shillings and sixpence (Item 1)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: 2s-6d sterling

Issuing agency: Lachlan & Waterloo Mills Company

Printer: S Clayton (engraver)

Domicile of issuer: Cnr George & King St, Sydney

Issue date: 1822-1826

Circulation status: uncirculated

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 266x130 mm; black print on off-white paper

Industry catalogue/number: MVR p41

Two printer's proofs for Lachlan & Waterloo Mills Company for promissory note of five shillings (Item 2)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: 5s sterling

Issuing agency: Lachlan & Waterloo Mills Company

Printer: S Clayton (engraver)

Domicile of issuer: Cnr George & King St, Sydney

Issue date: 1822-1826

Circulation status: uncirculated

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 266x130 mm; black print on off-white paper

Industry catalogue/number: MVR p41

Two printer's proofs for Lachlan & Waterloo Mills Company for promissory note of ten shillings (Item 3)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: 10s sterling

Issuing agency: Lachlan & Waterloo Mills Company

Domicile of issuer: Cnr George & King St, Sydney

Issue date: 1822-1826

Circulation status: uncirculated

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 267x153 mm; black print on off-white paper

Industry catalogue/number: MVR p41

Two printer's proofs for Lachlan & Waterloo Mills Company for promissory note of one pound sterling (Item 4)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: £1 sterling

Issuing agency: Lachlan & Waterloo Mills Company

Domicile of issuer: Cnr George & King St, Sydney

Issue date: 1822-1826

Circulation status: uncirculated

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 267x153 mm; black print on off-white paper

Industry catalogue/number: MVR p41

Two printer's proofs for Lachlan & Waterloo Mills Company for promissory note of one Spanish dollar (Item 5)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: one Spanish dollar

Issuing agency: Lachlan & Waterloo Mills Company

Domicile of issuer: Sydney

Issue date: ca. 6 Sep 1822-1826

Circulation status: uncirculated

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions- -266x130 mm; black print on off-white paper

Industry catalogue/number: MVR p41

Two printer's proofs for Lachlan & Waterloo Mills Company for promissory note of two Spanish dollars (Item 6)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: two Spanish dollars

Issuing agency: Lachlan & Waterloo Mills Company

Domicile of issuer: Sydney

Issue date: ca. 6 Sep 1822-1826

Circulation status: uncirculated

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 267x152 mm; black print on off-white paper

Industry catalogue/number: MVR p41

Two printer's proofs for Lachlan & Waterloo Mills Company for promissory note of four Spanish dollars (Item 7)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: four Spanish dollars

Issuing agency: Lachlan & Waterloo Mills Company

Domicile of issuer: Sydney

Issue date: ca. 6 Sep 1822-1826

Circulation status: uncirculated

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 266x153 mm; black print on off-white paper

Industry catalogue/number: MVR p41

Two printer's proofs for Lachlan & Waterloo Mills Company for promissory note of twenty Spanish dollars (Item 8)

Issue details

Category: Company promissory note (first issue)

Type: printer's proof

Country: Australia

Denomination: twenty Spanish dollars

Issuing agency: Lachlan & Waterloo Mills Company

Domicile of issuer: Sydney

Issue date: June 1822

Circulation status: uncirculated

Illustrative content: C & L monogram in cartouche left centre and vignette of Waterloo Mills

Industry catalogue/number: MVR p41

Two printer's proofs for Lachlan & Waterloo Mills Company for promissory note of ten dollars (Item 9)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: ten dollars

Issuing agency: Lachlan & Waterloo Mills Company

Domicile of issuer: Sydney

Issue date: ca. 6 Sep 1822-1826

Circulation status: uncirculated

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 266x153 mm; black print on off-white paper

Industry catalogue/number: MVR p41

Two printer's proofs for Waterloo Warehouse for promissory note of one pound (light background) (Item 10)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: one pound sterling

Issuing agency: Waterloo Warehouse

Domicile of issuer: Sydney

Issue date ca.1826-1833

Circulation status: unissued

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 220x155 mm; black print on off-white paper

Industry catalogue/number: MVR p52

Additional information

In 1826, the law required the change to sterling denominations.

Two printer's proofs for Waterloo Warehouse for promissory note of one pound (light background), January 1829 (Item 11)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: one pound sterling

Issuing agency: Waterloo Warehouse

Domicile of issuer: Sydney

Issue date: January 1829

Signatures: Cooper & Levey; ent'd C J Rayner (in pencil)

Circulation status: unissued

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 220x155 mm; black print on off-white paper

Industry catalogue/number: MVR p52

Additional information

As a result of forgeries of their one and two pound notes, printed illegally from their plates on their own paper, this plate was altered to include 3 signatures and removal of the engraver's name, S.Clayton.

Two printer's proofs for Waterloo Warehouse for promissory note of five pounds (light background) (Item 12)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: five pounds sterling

Issuing agency: Waterloo Warehouse

Domicile of issuer: Sydney

Issue date: ca.1826-1833

Circulation status: unissued

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 266x153 mm; black print on off-white paper

Industry catalogue/number: MVR p52

Two printer's proofs for Waterloo Warehouse for promissory note of ten pounds (light background), 182[-] (Item 13)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: ten pounds sterling

Issuing agency: Waterloo Warehouse

Domicile of issuer: Sydney

Issue date: ca.1826-1833

Circulation status: unissued

Illustrative content: C & L monogram in cartouche, left centre

Physical description: dimensions - 266x153 mm; black print on off-white paper

Industry catalogue/number: MVR p52

Two printer's proofs for Waterloo Warehouse for promissory note of one pound (dark background), 183[-] (Item 14)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: one pound sterling

Issuing agency: Waterloo Warehouse

Domicile of issuer: Sydney

Issue date: ca.1831-1833

Circulation status: unissued

Illustrative content: front - vignette of Waterloo Warehouse

Physical description: dimensions - 220x155 mm; black print on off white paper

Industry catalogue/number: MVR p52

Two printer's proofs for Waterloo Warehouse for promissory note of five pounds (dark background) (Item 15)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: five pounds sterling

Issuing agency: Waterloo Warehouse

Domicile of issuer: Sydney

Issue date: ca.1831-1833

Circulation status: unissued

Illustrative content: front - vignette of Waterloo Warehouse

Physical description: dimensions - 266x153 mm; black print on off-white paper

Industry catalogue/number: MVR p52

Two printer's proofs for Waterloo Warehouse and Bank for promissory note of ten pounds (light background) (Item 16)

Issue details

Category: Company promissory note

Type: printer's proof

Country: Australia

Denomination: ten pounds sterling

Issuing agency: Waterloo Warehouse and Bank

Domicile of issuer: Sydney

Issue date: ca.1831-1833

Circulation status: unissued

Illustrative content: front - vignette of Waterloo Warehouse

Physical description: dimensions - 266x151 mm; black print on off-white paper

Industry catalogue/number: MVR p52

Sixteen copper printing plates (Item) - Folio-Box 1


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