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10 Pounds Reserve Bank

Issuer Reserve Bank of Australia
Year 1960-1965
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Reference(s) P#36
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Reverse description Central vignette composed of allegorical symbols of science, industry and justice — including scales of justice, a sine-wave motif, and interlocking gear wheels — arranged within a horizontal panel across the centre. An allegorical female figure is seated at right, draped in classical robes, resting against the composition. Large guilloche rosette at left and £10 denomination panels in each corner frame the design, all printed in a deep red-brown intaglio.
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Signature(s) H.C. Coombs and Roland Wilson
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Comments

Australia's pre-decimal £10 notes of this period were the highest denomination in general circulation, and the Coombs-Wilson signature combination places this firmly in the early 1960s — Coombs as Governor, Wilson as Secretary to the Treasury. That pairing ran concurrently with the lengthy planning process for decimalization, which eventually made all sterling-denomination notes obsolete on 14 February 1966.

The Note Printing Branch had produced Australian currency in-house since 1913, and by this series had refined the intaglio process to a reliable domestic standard. Interestingly, this £10 was demonetized not by exhaustion or replacement within the sterling system, but simply by the wholesale conversion — one dollar equaling ten shillings, meaning this note converted to the equivalent of A$20.

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