About #NL4 - 1 pound Type 1850
New Caledonia. Project to issue a 1 Pound note for Isle of Pines. The Isle of Pines is located in the south-east of New Caledonia and is nicknamed "the closest island to paradise". This note was never put into circulation and only a few rare single-sided proofs of the front remain. We have to go back to 2004 to find a first copy of this project, during the sale of the first part of the collection of M. Maurice Kolsky, catalog Paper-Money IV (Lot #p04_0152). The event, classified in XF grade, was sold for € 8,000. Description of the front: black engraving on thick Canson paper. Overall dimensions with margins: 270 x 150 mm and dimensions of the note only: 200 x 100 mm. The engraving was made by Mr. Henry Cooper Jervis (1816-) in Sydney. Four proofs are also kept at the State Library in Sydney. Based on Pam Carver's book “Captain Robert Towns (1794-1873)”, the plate was engraved in 1848 for Robert Towns who had a business establishment on the Isle of Pines. The latter thought that the English were going to take possession of the island and that thus a note resembling an English issue would be recognized as official currency. Read our news on a proof offered for sale in 2019.