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10 Pounds Australian and European Bank
| Issuer | Australian and European Bank Limited |
|---|---|
| Year | 1874-1879 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | TEN POUNDS The Australian and European Bank Limited TEN POUNDS Promise to pay the Bearer on Demand the Sum of TEN Pounds Melbourne 1st June 18__ For the Australian and European Bank Limited TEN Manager________ Ent:_______Acct_________ |
| Reverse description | Believed to be uniface with no printed reverse. |
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| Comments |
The Australian and European Bank was a short-lived colonial venture, incorporated in London in 1872 and wound up by 1879 following chronic undercapitalization and the difficulty of coordinating between London shareholders and Australian branch operations. It never established the foothold its founders intended. Notes of this denomination from failed colonial banks of this period survive in very small numbers — most were either redeemed and pulped or never issued at all before the bank collapsed.
Bradbury Wilkinson produced the plates, as they did for a significant portion of the colonial Australian private bank note output in this period. The London connection was practical: engraving quality and security printing capability in the Australian colonies in the 1870s simply couldn't match what Bradbury Wilkinson delivered from their New Malden works.