Catalog
1.000 Pounds
| Issuer | Commonwealth Bank of Australia |
|---|---|
| Year | 1924 |
| Type | Log in to see details |
| Value | 1.000 Pounds |
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| Obverse description | The obverse is printed in blue-green intaglio on white paper, with an elaborate guilloche border framing the entire note. At upper centre, the inscription THE COMMONWEALTH OF AUSTRALIA arches above AUSTRALIAN NOTE, with a circular vignette of the Australian coat of arms at left and a portrait of King George V in right profile at right. The central text reads THE TREASURER OF THE COMMONWEALTH OF AUSTRALIA PROMISES TO PAY THE BEARER ONE THOUSAND POUNDS IN GOLD COIN ON DEMAND at the Head Office of the Commonwealth Bank of Australia, with the denomination 1000 repeated in each corner and ONE THOUSAND printed at lower centre. |
|---|---|
| Obverse lettering | THE COMMONWEALTH OF AUSTRALIA AUSTRALIAN NOTE The Treasurer of the Commonwealth of Australia PROMISES TO PAY THE BEARER ONE THOUSAND POUNDS IN GOLD COIN ON DEMAND at the Head Office of the Commonwealth Bank of Australia 1000 ONE THOUSAND |
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| Comments |
The Commonwealth Bank of Australia's £1,000 note was never intended for public hands. These were interbank clearing instruments, used to settle large-value transactions between financial institutions rather than pass through retail commerce. Actual circulation figures were tiny, and the survival rate reflects it — genuine examples are among the rarest Australian paper money items known.
De La Rue printed the series in London, consistent with Commonwealth Bank practice through the 1920s before domestic printing capacity was expanded. P#14A is the catalogued variant for this denomination and date, though documented auction appearances are sparse enough that population data remains thin.