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1 Pound - Victoria Union Bank of Australia

Issuer Union Bank of Australia
Year 1859-1869
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Shape Rectangular
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Obverse description Crowned bust of Queen Victoria at upper left, with a central vignette of Britannia seated, holding a spear and shield, accompanied by a lion and a sailing ship in the background; the arms of the institution appear at lower right. The composition is executed in fine intaglio engraving characteristic of Perkins, Bacon & Co. production, with the place of issue, CHRISTCHURCH NEW ZEALAND, inscribed above and below the principal vignette.
Obverse lettering UNION BANK OF AUSTRALIA CHRISTCHURCH NEW ZEALAND CHRISTCHURCH NEW ZEALAND WE PROMISE TO PAY THE BEARER HERE IN DEMAND ONE POUND STG. CHRISTCHURCH FOR THE DIRECTORS & COMPANY
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Comments

The Union Bank of Australia was a London-registered colonial bank operating branches across the Australian colonies, New Zealand, and briefly elsewhere — its notes circulated far from any British printing house. Perkins, Bacon & Petch were the dominant security printers of the mid-Victorian period, responsible for early postage stamps across the empire as well as a significant share of colonial banknote production. Their steel-intaglio work was chosen precisely because colonial authorities and bank directors worried about counterfeiting in remote communities where verification was nearly impossible.

The decade-long date range reflects reissue across multiple colonial jurisdictions rather than a single print run. Branch-specific overprinting was common practice for this series.

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