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10 Pounds Australian and European Bank
| Issuer | Australian and European Bank Limited |
|---|---|
| Year | 1874-1879 |
| Type | Log in to see details |
| Value | 10 Pounds |
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| Composition | Log in to see details |
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| Obverse description | Black intaglio print on a pink and lilac guilloche underprint, with the bank title in a central cartouche surmounted by a Coat of Arms. At left, an oval vignette of an allegorical female figure in classical dress holding a palm frond, and at right a corresponding vignette of a crowned allegorical female figure with a sceptre, both framed by ornate lathe-work borders. Denomination numerals '10' appear in each corner with 'TEN POUNDS' in panel strips along the lateral edges, and a central overprinted 'TEN POUNDS' legend crosses the promise-to-pay text below the bank title. |
|---|---|
| Obverse lettering | Log in to see details |
| 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.