Special Collections
Create new listThe Thistle Bank, founded by Sir Walter Maxwell Bt, and James Ritchie & Co in November 1761, was capitalised at £7,000. Located at first in Bridgegate and then in Virginia Street, it was absorbed by the Glasgow Union Bank in 1836. Four issues of banknotes appeared between 1761 and 1820.
Merchant Issues - silver, Scotland, LANARKSHIRE, Glasgow, Thistle Bank, a MEXICO, Charles III, 8 Reales, 1781ff, Mexico City, obv. countermarked thistle bank · around 5/:, rev. countermarked with upright thistle, 26.65g/12h (Manville 44; Hodge 044S.001a, this coin; KM. CC48). Coin and countermarks good fine or better, rare £1,500-£2,000
This lot was sold as part of a special collection, Scottish Merchant Dollars from the Collection of Michael Gietzelt.
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Spink Auction 109, 4 July 1995, lot 102
After issuing coins at 4/9d, a rising silver price occasioned the Bank to prepare a 5/- punch. This was done locally by James Liddel & Co of Dempster Street, who proceeded to counterstamp 2,900 dollars during the spring and summer of 1810 [Manville p.91]. For more detailed background information on this and the following two lots, see E,C. Hodge in BNJ 84, 2014, pp.191-209
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