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20 Pounds Australian and European Bank
| Issuer | Australian and European Bank Limited |
|---|---|
| Year | 1874-1879 |
| Type | Log in to see details |
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| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TWENTY The Australian and European Bank Limited TWENTY Promise to pay the Bearer on Demand the Sum of TWENTY Pounds Melbourne 1st June 18__ For the Australian and European Bank Limited TWENTY Manager________ Ent:_______Acct_________ |
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| Reverse lettering | TWENTY |
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| Comments |
The Australian and European Bank was a short-lived colonial venture, chartered in London and operating branches in New South Wales and Victoria through the 1870s. It never achieved the scale its promoters envisioned, and the bank was wound up before the decade closed — making any surviving note from this series genuinely scarce by simple arithmetic: few were printed, fewer circulated long enough to survive.
Bradbury Wilkinson, then still building the reputation they would carry into the twentieth century, handled the printing at their London works. The twenty-pound denomination was rarely held by ordinary depositors; at that value in colonial Australia, this was commercial paper — pastoral accounts, merchant settlements, interbank clearing.