1888 Commercial Bank Of Tasmania Rare Bank Cheque


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What a wonderful history of the banking system in early Australia depicted on this cheque.

No doubt in 1888 all distances were seemingly greater, mail slower, data sharing virtually non-existent and access to banking facilities relied far more on the banks working together to assist customers.

This cheque shows how a banking instrument like this was shared with the Commercial Bank crossed out in favour of the National Bank and the town changed from Hobart to Stanley.

The cheque is in favour of one John Edwards to the amount of 9 pounds 7 shillings and 2 pence from the account of one L.Holden:

It is in very reasonable condition given its age with very minor creasing and extremely light soiling.

Lovely example of cheque from the same year that Launceston was declared a city.

Additional information



A cheque (or check in American English) is a document that orders a payment of money from a bank account. The person writing the cheque, the drawer, usually has a current account (most English speaking countries) or chequing/checking account (US; also, occasionally, Canada) where their money was previously deposited. The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.

Cheques are a type of bill of exchange and were developed as a way to make payments without the need to carry large amounts of money. While paper money evolved from promissory notes, another form of negotiable instrument, similar to cheques in that they were originally a written order to pay the given amount to whoever had it in their possession (the “bearer”).

Technically, a cheque is a negotiable instrument instructing a financial institution to pay a specific amount of a specific currency from a specified transactional account held in the drawer’s name with that institution. Both the drawer and payee may be natural persons or legal entities. Specifically, cheques are order instruments, and are not in general payable simply to the bearer (as bearer instruments are) but must be paid to the payee. In some countries, such as the US, the payee may endorse the cheque, allowing them to specify a third party to whom it should be paid.

Although forms of cheques have been in use since ancient times and at least since the 9th century, it was during the 20th century that cheques became a highly popular non-cash method for making payments and the usage of cheques peaked. By the second half of the 20th century, as cheque processing became automated, billions of cheques were issued annually; these volumes peaked in or around the early 1990s. Since then cheque usage has fallen, being partly replaced by electronic payment systems. In an increasing number of countries cheques have either become a marginal payment system or have been completely phased out.

*All biographical details are taken from Wikipedia for education purposes only.


27 January – Centennial Park is opened in Sydney.

30 January – The Presbyterian Church of New South Wales establishes its first school, the Presbyterian Ladies’ College, Sydney.

1 July – “The Dawn: A Journal for Australian Women” first published by Louisa Lawson, in Sydney.

4 October – Princes Bridge, Melbourne is opened.

9 October – Launceston, Tasmania is proclaimed a city.

25 October – The captain of the HMQS Gayundah, Henry Townley Wright, refuses to relinquish his command after being ordered to do so by the Queensland government. The Colonial Secretary orders Wright be dismissed from the Queensland Maritime Defence Force, and has him removed from the ship by Queensland Police.

.*All historical info taken from Wikipedia for educational purposes only