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1 Pound

Issuer Commonwealth Bank of Australia
Year ND (1926-1932)
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Composition Cotton paper
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Reverse description Printed predominantly in green, the reverse centres on a large intaglio vignette of a historical military scene with multiple figures in period costume, likely referencing the signing or surrender during the American Revolutionary War. Large ornate £1 numerals anchor the left and right margins within elaborate scrollwork and guilloche borders.
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Signature(s) ND (1926-1932) - James Kell and James Collins
ND (1926-1932) - James Kell and Ernest Heathershaw
ND (1926-1932) - Harry Riddle and Ernest Heathershaw
ND (1926-1932) - Harry Riddle and James Sheehan
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The Commonwealth Bank began printing its own notes in Melbourne from 1920, ending Australia's reliance on the British-printed Treasury notes that had circulated since 1910. This issue carries four distinct signature combinations across its undated production run — Kell/Collins, Kell/Heathershaw, Riddle/Heathershaw, and Riddle/Sheehan — reflecting the turnover of the Bank Secretary and Deputy Governor positions during a period of institutional consolidation before the Bank gained formal central banking powers in 1932.

The Riddle/Sheehan pairing is the scarcest of the four.