Macculloch, Allaire, Bonamy and Company Currency & Banknote Values

The Macculloch, Allaire, Bonamy and Company series of Guernsey in the World Currency contains 2 distinct entries.

On 13 August 1808, Thomas Maccullough, John Allaire, and John Bonamy opened a bank at 106 Smith Street. Because the partnership was unincorporated, contemporary documents reference the partners’ surnames, or the colloquial “Guernsey Bank,” which also appears on its 1808 and 1809 notes. In 1811, Bishop De Jersey & Company ceased operations along with Macculloch, Allaire, Bonamy & Company, leaving Guernsey without a bank until 1827, during which time banking was conducted through merchants.