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1 Pound
| Issuer | English, Scottish & Australian Bank Limited |
|---|---|
| Year | ND (1910) |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Black intaglio print on white paper with a standing female allegorical figure at left within an oval vignette, flanked by heraldic shields at corners. Central text reads ONE POUND with promise-to-pay wording; the bank title and state name VICTORIA appear at top. A Manager signature line sits at lower right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Bicolour reverse with an intricate green guilloche border and side panels bearing numeral 1 medallions, centred by a large orange circular rosette underprint with the denomination ONE superimposed. Bank title arcs around the central rosette in green letterpress. |
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| Comments |
The English, Scottish & Australian Bank was formed in 1893 from the restructured wreckage of the English, Scottish & Australian Chartered Bank, which had suspended payments during the catastrophic Australian banking crisis of 1893 — one of the worst financial collapses in colonial history. The reconstituted entity dropped "Chartered" from its name, shed its shareholders of much of their equity, and continued trading under reduced obligations.
Private banknote issue in Australia was already in steep decline by 1910, squeezed out by the Commonwealth Bank's establishment the following year. This note exists at the tail end of that era of commercial bank currency.