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10 Shillings Bank of New South Wales
| Issuer | Bank of New South Wales |
|---|---|
| Year | 1919-1921 |
| Type | Log in to see details |
| Value | 10 Shillings (1/2) |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANK OF NEW SOUTH WALES SHILLINGS SHILLINGS TEN SHILLINGS TEN SHILLINGS I PROMISE TO PAY THE BEARER AT WELLINGTON, N.Z. ON DEMAND TEN SHILLINGS STERLING DATED THE 1ST DAY OF SEPTEMBER 1919 FOR THE BANK OF NEW SOUTH WALES TEN SHILLINGS SHILLING SHILLINGS BANK OF NEW SOUTH WALES |
| Reverse description | The reverse carries circular guilloche vignettes positioned in the corners, forming a symmetrical decorative border arrangement typical of private bank note printing of the early twentieth century. The central field is relatively plain, with the corner medallions providing the principal ornamental structure. The overall design reflects the restrained engraved style associated with the Charles Skipper & East printing house. |
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| Comments |
The Bank of New South Wales was the oldest trading bank in Australia, and by the time this note was issued the institution had been operating for over a century — yet private banknote issue in Australia was already a dying practice. The Commonwealth Bank had been issuing its own notes since 1913, and the 1910 Australian Notes Act had effectively pushed private banks out of the low-denomination paper currency business by imposing a prohibitive ten-percent tax on their own issues. The survival of this series into 1921 is somewhat anomalous given that regulatory climate.
Skipper & East's work for colonial and dominion banks was prolific in this period, and the plates show it — competent intaglio work, but produced to a commercial house standard rather than a central bank one.