Special Collections
Create new listThe Catrine Cotton Works was set up by Claud Alexander of Ballochmyle, the landowner and Glasgow merchant David Dale in 1787. Various mills and works were built over the next few years powered by water from the River Ayr. Workers were housed in a purpose built village, similar to Dale’s development at New Lanark where conditions were unusually good for the period. The mills had gas lighting installed in 1814, four years before gas appeared on the streets of either Glasgow or London..
Merchant Issues - silver, Scotland, AYRSHIRE, Catrine, Catrine Cotton Works, a MEXICO, Charles IIII, 8 Reales, 1796fm, Mexico City, obv. countermarked catrine cotton works no. 762 around 4/9, 26.81g/12h (Manville 18; Hodge 018S.003a, this coin; KM. CC17). Coin good fine, countermark very fine, extremely rare £4,000-£6,000
This lot was sold as part of a special collection, Scottish Merchant Dollars from the Collection of Michael Gietzelt.
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SCMB June 1958 (SC 860); DNW Auction 113, 17 September 2013, lot 376. It was previously noted that this specimen may have been in the V.M. Brand Collection. However recent research by Ward and Hodge confirms that Brand possessed only one specimen of a Catrine Dollaar - the coin numbered 3505 [BNS Research Blog 26 February 2019]
The coins form a complex series, stamped at various different rates, using several different shapes and each stamp is individually numbered - the only example of this in the entire countermarked issue. The 4/9d issue probably dates from c. 1800 [Manville pp.39ff].
Hodge lists 12, most in public collections.
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