Coins, Tokens and Medals of the Isle of Man from the Collection of the late Neil B. Todd

Tokens, Douglas, Littler, Dove & Co, 5 Shillings, 1811, the douglas bank co, etc, rev. Peel Castle, edge plain, 15.39g/12h (D 1; Prid. 46; KM. Tn14; cf. Spink 224, 1529; cf. Caine 2770). Even wear on the high points on the reverse, otherwise very fine and toned, very rare £2,500-3,000

This lot was sold as part of a special collection, Coins, Tokens and Medals of the Isle of Man from the Collection of the late Neil B. Todd.

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Provenance: Bt Seaby 1955.

The Douglas Bank Co was founded on 29 November 1811 and had premises in Fort Street, Douglas. One of the partners, Revd. Robert Littler, sought to leave the island shortly after the tokens appeared. James Dove, another partner, brought an action against him for £1,000, following which the clergyman was arrested and imprisoned. Not to be outdone, the third partner, William Scarlett Littler, brought proceedings against Dove in the Chancery Court. On 3 January 1812 the clergyman was freed, and the Douglas Bank Co wound up