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5 Pounds Bank of New South Wales

Issuer Bank of New South Wales
Year 1924-1932
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Printer Charles Skipper & East, London, United Kingdom
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Reverse description The reverse is blank, consistent with the uniface production of this issue. The illustrated specimen example bears pin-perforated cancellation text applied by the printer across the centre of the otherwise plain paper stock.
Reverse lettering SPECIMEN C. SKIPPER & EAST
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Comments

The Bank of New South Wales was a private trading bank, not a central authority — these notes circulated alongside those of competing private banks well into the 1920s, before the Commonwealth Bank gradually consolidated note-issuing powers following the 1920 Australian Notes Act. By the time this series was being drawn down in the early 1930s, private bank notes were effectively finished in Australia; the Bank of New South Wales surrendered its issue rights, and remaining stocks were withdrawn.

Charles Skipper & East, the London security printer responsible for this note, also produced work for South African and colonial issuers across the same period — their output is identifiable by a characteristic fine-line guilloche style in the border work.

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