1 Pound Bank of New South Wales

The Bank of New South Wales was the oldest trading bank in Australia, and its private banknotes circulated legally alongside government currency until the Commonwealth's Notes Act of 1910 began systematically displacing them. This series straddles that transition — notes issued after 1910 were technically still valid but increasingly squeezed out of everyday commerce as Treasury notes expanded their reach.

Charles Skipper & East printed for numerous colonial and dominion banks out of their London operation, and the plates for this series reflect that firm's characteristic intaglio work. The bank's notes were finally extinguished when the Commonwealth Bank moved to consolidate the note issue entirely in 1920–1921.