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10 Shillings Bank of Australasia

Issuer Bank of Australasia
Year 1924-1931
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Printer Perkins, Bacon & Petch (Perkins, Bacon and Co.), United Kingdom (1820-1935)
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Obverse description An ornate intaglio-printed note with the bank title in elaborate script across the upper register, flanked by large denomination numerals '10' at left and right. The central vignette presents two allegorical figures — one seated, one reclining — set within a landscape, enclosed by a richly detailed guilloche border with radiating corner ornaments. The lower register carries the promise-to-pay text and denomination in bold letterpress, with 'NEW ZEALAND' printed vertically along both side margins.
Obverse lettering THE BANK OF AUSTRALASIA INCORPORATED BY ROYAL CHARTER 1835 WELLINGTON PROMISE TO PAY THE BEARER ON DEMAND TEN SHILLINGS AT WELLINGTON NEW ZEALAND FOR THE BANK OF AUSTRALASIA TEN SHILLINGS NEW ZEALAND
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The Bank of Australasia, though operating across both Australia and New Zealand, remained constitutionally a British institution incorporated by Royal Charter in 1835 and headquartered in London throughout its existence. That arrangement made Perkins, Bacon & Petch the natural choice — the firm had deep roots in colonial currency and security printing going back to the early nineteenth century, including work for the Bank of England's provincial network.

By the mid-1920s, private trading bank notes in Australia were increasingly sidelined by the note-issuing monopoly the Commonwealth Bank had held since 1910 — making this series a late survivor of an older commercial banking tradition rather than a mainstream circulating instrument.

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