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Lot 57
BANKING - SEVENTEENTH CENTURYBanking ledger kept in person by Edward Backwell, containing well over six hundred original acquittances for payments received, over forty of which are signed by him ('per me Edward Backwell'), kept in one volume and two loose gatherings, the principal volume inscribed on the upper cover in a contemporary hand 'Acquittance Booke from the xviiith of August 1660. to xxvth of December following [paraph]/ From xxvi December 1660 to the xxiiith of February next In the [?] Paper [i.e. unbound] bookes' [contractions expanded]; the two unbound gatherings both inscribed in contemporary hands respectively on the upper wrapper 'Arrears./ Acquittances determining the 23th of February 1660' and 'Kings Accompt/ Acquittances determining the 23th of February 1660', c.100 pages, some usual dust-staining and other signs of use, some later leaves roughly torn out and two now loose, contemporary vellum, narrow folio (480 x 180mm.), Excise Office, London, 18 August 1660 to 16 March 1661Footnotes:'THE LEDGERS OF THE GOLDSMITH-BANKER EDWARD BACKWELL ARE UNIQUELY SIGNFICANT IN DOCUMENTING THE FINANCES OF RESTORATION ENGLAND AND THE BIRTH OF MODERN BANKING. They provide the earliest detailed evidence of the scale and sophistication of England's emerging banking system, and the role of the City of London as the leading centre for international trade and finance... Edward Backwell was one of a score of men who in the middle years of the seventeenth century laid the foundations of the modern banking system... His ledgers are the earliest systematic set of banking records to survive in the United Kingdom, and are all the more important for being the records of one of the financial giants of his age. They predate the foundation of the Bank of England by over thirty years, yet show that banking was already fundamental to the City and the country's economic life' (UNESCO, 'Memory of the World' Register, online). This newly-discovered ledger is from an earlier period than nine other Backwell ledgers that have been identified by UNESCO, and whilst those were executed in a scribal hand throughout, this ledger was evidently kept under Backwell's direct personal supervision, having been signed by him in many places ('Per me Edward Backwell'), and bearing annotations by him as to the arrangement of entries.Backwell (c.1618–1683) had been banker to the Commonwealth of England and was, after the restoration of Charles II, banker to the King and many leading figures of the Restoration period (including Samuel Pepys, who mentions him in his diary more often than any other financier of the age). In later years he was Chief Cashier at the Bank of England, and the first man authorised to issue what are now known as bank notes. At the time Backwell kept our ledger he held the offices of Prime Warden of the Goldsmiths Company, Alderman of the City of London, and Commissioner for Assessment, London (a post held from August 1660, the starting date of our ledger). Our ledger covers that part of Backwell's business that dealt his control of the running of the finances of the Excise Office, which raised money for Parliament. It also shows Backwell to be acting as paymaster to the great officers of state, paying at the order of the Commons stipends to the likes of George Monck, Duke of Albemarle, who only months earlier had ushered in the restoration of Charles II, and the King's younger brother, James, Duke of York, afterwards James II. Backwell is shown to be Paymaster to the House of Commons itself, and his own practical input into the running of finances is visible within our ledger. A clear example of this is to be found in the first entry. This has been struck out (the untidiness with which it has been scored through strongly suggests that this has been done by Backwell himself). The deleted entry reads: 'Received the 18 of August 1660 of the Commissioners of Excise London three hundred & three pounds seaven shillings & tenpence being in further part of 4800 payable to mee per Order of the Commons house of Parliament dated the 30 of June 1660 I say Received'. This has been subscribed and signed by Backwell himself: 'Per me Edward Backwell'. Having scored through the main entry, Backwell has further scored through his subscription and signature in order to render them illegible (or at least of no legal validity); and made and initialled a note below in his own hand: 'This Receipt transferred to the former accquittance Booke/ EB'.For a fuller description of the contents of the ledger contact the department.This lot is subject to the following lot symbols: •• Zero rated for VAT, no VAT will be added to the Hammer Price or the Buyer's Premium.For further information on this lot please visit Bonhams.com
Lot 76
Abingdon Classics - Various handmade 1/43 scale MG models, comprising MG Midget 1930 blue; MGP maroon; Jem M Type grey; MGP green; MGP black; MG C Type Montlhery Double 12 1931 cream/brown; MG C Type Montlhery Double 12 1931 silver/red; MGP blue; MG High Speed van brown, together with a MG Ex 135 model on plinth, some minor damage and detached parts, tyres split.
Lot 80
A collection of boxed Triang Minic Ships and harbour fittings Waterline Models, 1:1200 scale to include Aquitainia; Queen Elizabeth; Centaur; Ivernia; Sylvania; Saxonia; Corinthia; Albion, together with harbour accessories - floating dock; Statue of Liberty; swing bridge; terminal; customs shed; ocean termininal. (14)
Lot 95
A Sun Star precision-engineered limited edition 1956 Morris Minor Traveller diecast model, 0190/3000, model Ref No. 4791, July 31st 2009, with certificate; together with a boxed Burago 1/18 scale boxed Ferrari F40 Evoluzione (1992); and Ferrari 348tb (1989), plus a model of Aston Martin DB5. (4)
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