British and Irish Banknotes

Ballindalloch Works, Balfron, 5 Shillings, 24 March 1830, serial number 134, plate A, Matthew Finlayson signature, beehive vignette at upper centre, four tiny spindle holes at left, annotations on reverse, otherwise fine, rare
PMS PR 30 £200-£300

From Paper Money of Scotland: The Ballindalloch Cotton Works were founded by Robert Dunmore in 1790. The works were bought by the famous old trading firm James Finlay & Co in 1798 and it was during their ownership in 1829 and 1830 that ‘checks’ for 5 and 7 Shillings were issued, payable within three months of issue. Their purpose seems to have been to keep money paid to their workers within the local economy, in and around the industrial village of Balfron between Stirling and Glasgow.

Withdrawn