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50 Pounds

Issuer Bank of Australasia
Year ND (1910)
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Reference(s) P#A84
Obverse description Black intaglio print on white paper. Central vignette of two allegorical female figures in a pastoral landscape, flanked by oval guilloche panels inscribed FIFTY. The bank title arcs above in ornate lettering with INCORPORATED BY ROYAL CHARTER, 1835 below. Corner medallions and vertical QUEENSLAND lettering frame the design; promise-to-pay clause and FIFTY POUNDS inscription appear across the lower half.
Obverse lettering THE BANK OF AUSTRALASIA
INCORPORATED BY ROYAL CHARTER, 1835
BRISBANE
Promise to pay the Bearer on Demand
FIFTY POUNDS at Brisbane
Countersigned
For the Bank of Australasia,
MANAGER
FIFTY
QUEENSLAND
50
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The Bank of Australasia was a British-chartered institution operating across the Australian colonies and New Zealand, ultimately absorbed into the ANZ Banking Group in 1951 after merger with the Union Bank of Australia. By 1910, private banknote issue in Australia was already in decline — the Commonwealth Bank had been established the previous year, and the handwriting was on the wall for colonial-era private paper.

Perkins, Bacon's involvement is significant. The firm's security printing pedigree ran deep, and their siderographic transfer process made plate duplication and counterfeiting genuinely difficult. At the £50 denomination, circulation would have been extremely limited to commercial and interbank transactions. Surviving examples are rare by any measure.