£454
A Private Collection of Seals: Highlights from The Matrix Collection | 749
Auction: 19 May 2023 at 11:00 BST
the circular disk engraved with the Royal Standard for Scotland in between two unicorns and below a crown, with the legend surrounding, 'THE SCOTTISH AUSTRALIAN INVESTMENT COMPANY LIMITED, ESTABLISHED IN 1840, LONDON AND AUSTRALIA, SOUTH AUSTRALIA
Note:
The Scottish Australian Company was formed in Aberdeen in 1840 and later incorporated in England in 1856. It commenced activities after its formation, making substantial investments in the mining and pastoral industries in particular. The company had 416 ‘co-partners’ within the first year of its inception. During this period Aberdeen was enjoying a period of prosperity due to the immense success of the linen industry which meant there was ample capital to invest in Australia. This resulted in the Scottish Australian Investment Company becoming incredibly successful. The company had offices in both Sydney at O'Connell Street and 24 Gresham Street in London. In 1859 a subsidiary of the company was created, the Scottish Australian Mining Company, which was also incredibly successful.