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100 Pounds

Issuer Commonwealth of Australia
Year 1914-1918
Type Standard circulation banknote
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Reverse description Two landscape vignettes are set within scrolled oval medallions: one showing a waterfall on the Upper Yarra River in Victoria, and the other Leura Falls in New South Wales. The medallions are surrounded by fine guilloche border work and denomination inscriptions.
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Variants P#9a(1) - signatures: Collins & Allen serial# prefix with serifs cancelled; not known as issued note
P#9a(2) - signatures: Collins & Allen serial# prefix without serifs
P#9b - signatures: Cerutty & Collins serial # suffix Z
P#9c - signatures: Cerutty & Collins serial # prefix Z
Comments

Australia's first independent paper currency came from the Commonwealth's assumption of note-issuing authority under the Australian Notes Act 1910, which abolished state bank issues and gave the federal government a monopoly. The £100 was the highest denomination in this inaugural series — a denomination sized for commercial and interbank settlement rather than retail use, which explains its extreme scarcity in any form today.

The Collins/Allen serif-prefix variant is not recorded as issued, suggesting the plates were prepared but the notes were held or destroyed before release. The late Cerutty/Collins Z-suffix and Z-prefix variants mark the final signing combination of the series, with the Z prefix considered the rarer of the two.

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