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1 Pound Bank of Australasia, 5 circles, wavy border
| Issuer | Bank of Australasia |
|---|---|
| Year | 1923-1931 |
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| Currency | Pound (1840-1967) |
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| Obverse description | Uniface intaglio note printed in green on white paper, with a vignette of two seated allegorical female figures flanking a coat of arms at upper centre-left. The central field is dominated by five green guilloche rosette circles arranged horizontally, enclosed within a wavy decorative border. The bank title, royal charter inscription, and promise-to-pay legend are rendered in letterpress surrounding the central design. |
|---|---|
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| Reverse description | Uniface note; the reverse is entirely unprinted, presenting plain white paper with no design elements, text, or security markings. |
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| Comments |
The Bank of Australasia was a British-chartered institution operating in Australia and New Zealand, with its board sitting in London — which is precisely why Perkins, Bacon & Petch printed these notes in the UK rather than locally. The arrangement was common for colonial-era private banks well into the twentieth century, long after it might have seemed anachronistic.
Perkins, Bacon brought their established security printing expertise to the job, the same firm responsible for many early Commonwealth postage stamps. The "5 circles, wavy border" designation in collector literature is a design-state identifier distinguishing this from earlier plate variants in the same series — a necessary distinction since the Bank of Australasia issued pounds across multiple decades with incremental plate modifications.
The bank was absorbed by ANZ in 1951.