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1 Pound Bank of New South Wales

Issuer Bank of New South Wales
Year 1870-1890
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Value 1 Pound
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Obverse description Central oval vignette with a reclining allegorical female figure symbolising Commerce, framed by the arc inscription BANK OF NEW SOUTH WALES. The denomination ONE appears in oval cartouches at upper left and lower centre, with matching numeral counters at upper right; NEW ZEALAND is printed in large letters along the top and bottom borders. A cursive promise-to-pay text occupies the central guilloche panel, with the branch name WANGANUI and a blank date line below. The note is a printer's specimen, with SPECIMEN OF PLATE and CHARLES SKIPPER & EAST, APRIL 1876 overprinted vertically at left.
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Reverse description Printed entirely in red-orange, the reverse is dominated by a large central guilloche panel bearing the bold white-on-red denomination ONE. Four elaborate rosette medallions with fine lathe-work patterns are positioned one in each corner of the note, and a rectangular border frames the entire design. The mirror-image SPECIMEN and C. SKIPPER & EAST inscriptions are visible, a consequence of the sheet being photographed from the obverse side.
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The Bank of New South Wales was the oldest bank on the Australian continent, established in 1817, and by the 1870s it was operating branches across New South Wales, Victoria, Queensland, and New Zealand — a sprawling network that made consistent note design across distances genuinely difficult to manage. Outsourcing production to Charles Skipper & East in London was a practical solution, though it meant printed sheets crossed the world before ever entering colonial commerce.

Skipper & East handled security printing for numerous British colonial banking clients during this period. The long issue window — two decades — means serial number ranges and branch overprints vary considerably across surviving examples.

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