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5 Pounds Bank of New South Wales
| Issuer | Bank of New South Wales |
|---|---|
| Year | 1870-1890 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#S147 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | NEW ZEALAND BANK OF NEW SOUTH WALES FIVE FIVE ON DEMAND I PROMISE TO PAY TO THE BEARER FIVE POUNDS STERLING DUNEDIN FOR THE BANK OF NEW SOUTH WALES Five Pounds MANAGER ENT'D |
| Reverse description | Plain blue design printed on white paper, with a large central oval guilloche medallion bearing the numeral 5 in white relief against a fine engine-turned ground; four circular guilloche rosettes are placed one in each corner of the note within a simple double-line rectangular border. |
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| Comments |
The Bank of New South Wales was Australia's oldest trading bank, established in 1817, and by the 1870s it was issuing notes across multiple colonies with no uniform regulatory framework governing private bank currency. Charles Skipper & East — the same London firm responsible for engraved work across numerous colonial and South African issues — produced the plate, a common arrangement where prestige engraving was contracted abroad regardless of where the notes ultimately circulated.
Private bank issues from New South Wales in this period were swept out of circulation by the Banking Act of 1910, which handed note-issuing rights exclusively to the Commonwealth. Most surviving examples from this run show heavy teller use.