1 Pound

Issuer	Commonwealth Bank of Australia
Year	1938-1952
Type	Standard circulation banknote
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Obverse description	Portrait of King George VI in military uniform occupies the right portion of the note within an intaglio vignette, while the Royal Arms of Australia appears centrally below the title inscription. The left side bears an oval guilloche underprint panel, with the denomination numeral '1' printed in each lower corner and elaborate lathe-work border ornamentation framing the entire face.
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Reverse description	The central vignette presents a pastoral scene rendered in intaglio engraving, showing a shepherd tending a flock of sheep with trees and rural landscape in the background, symbolising Australia's wool industry. The sterling pound symbol '£1' appears in large form to the left of the vignette, with a blank oval panel to the right, all enclosed within an ornate guilloche border with scalloped outer edges.
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Protection description	Portrait watermark of Captain James Cook visible when held to light
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