Catalog
50 Pounds
| Issuer | London Bank of Australia |
|---|---|
| Year | ND (1910) |
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| Value | 50 Pounds |
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| Obverse description | Landscape-format note printed in salmon-pink and grey tones, with the issuer's title LONDON BANK OF AUSTRALIA LIMITED in bold letterpress across the upper centre, above the denomination FIFTY POUNDS in large serif type at centre. Ornate guilloche panels and heraldic vignettes occupy the left and right margins, each bearing the numeral 50, with the place of issue MELBOURNE and VICTORIA inscribed at the top and bottom respectively. This example is cancelled by multiple circular punch perforations and bears handwritten manuscript entries consistent with a paid or redeemed note. |
|---|---|
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| Reverse description | No second image provided; reverse description cannot be confirmed from available sources. |
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| Comments |
The London Bank of Australia was a British-registered institution operating branches across the Australian colonies and later states — one of several Anglo-Australian banks that retained London-registered status long after Australian federation in 1901. By 1910, that model was under pressure; the bank was absorbed into the English, Scottish and Australian Bank (ES&A) that same year, making any note attributable to this late period a product of an institution in the final phase of its independent existence.
A £50 note from a provincial commercial bank in this era would have seen almost no retail circulation — denominations of this size moved between merchants, squatters, and bank branches, not across shop counters. Survivorship is poor for exactly that reason: high-value notes were typically presented and cancelled rather than worn out.