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Australian one-pound note

From Wikipedia, the free encyclopedia

Banknote
OnePound
CountryAustralia
Value1Australian pounds
Width156 mm
Height81 mm
Security featuresThreadWatermark
Material usedCotton
Years of printing1910–1965
Obverse
Design date1913[1]
Reverse
Design date1913

TheAustralian one-pound note was the most prevalent banknote in circulation with the pound series, with the last series of 1953–66 having 1,066 million banknotes printed.[2] The first banknotes issued were superscribed notes purchased from 15 banks across Australia and printed withAustralian Note and were payable in gold. Upon decimalisation in 1966, it was worthtwo dollars.

Historic £1 note

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In May 2015, theNational Library of Australia announced that it had discovered the first £1banknote printed by theCommonwealth of Australia, among a collection ofspecimen banknotes. This uncirculatedAustralian Pound (£1) note, with the serial number (red-ink) P000001, was the first piece of currency to carry thecoat of arms of Australia, and carries the imprinted signatures ofGeorge Allen (Secretary of the Treasury; 1 January 1901 – 13 March 1916) andJames Collins (Assistant Secretary, later Secretary; 14 March 1916 – 26 June 1926). Soon after its production in 1913, it was presented to the thenPrime Minister,Andrew Fisher, who retained it until 1927 when he gave it to then prime ministerStanley Bruce for donation to theParliamentary Library. At that time, the National Library was part of the Parliamentary Library. There is a contemporaneous record in theNational Archives of the accession of the note into the national collection. The curator of the collection said that the note had been placed it into a conservation sleeve sometime in the past 30 years, and that notes with similar rarity and provenance and age to this note, have been sold for overA$1m.[3]

Signature combinations

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Collins andAllen (1913, 1914)
Cerutty and James Collins (1918)
Miller and James Collins (1923)
Kell and James Collins (1926)
Kell andJames Heathershaw (1927)
Ernest Riddle and James Heathershaw (1927)
Ernest Riddle andSheehan (1932)
Sheehan andMcFarlane (1938)
Armitage and McFarlane (1942)
H.C. Coombs andGeorge Watt (1949)
H.C. Coombs andWilson (1952)

See also

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Footnotes

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  1. ^The pictured note is part of the 1913 Second Issue (1913–18). Based on the authorizing signatures (C.J. Cerutti and J.R. Collins) the note was issued in 1918. Cuhaj, 2010, p. 67.
  2. ^Ian W. Pitt, ed. (2000).Renniks Australian Coin and Banknote Values (19th ed.).Chippendale, N.S.W.: Renniks Publications. p. 149.ISBN 0-9585574-4-6.
  3. ^National Libraryfinds Australia's first pound note, thought to be lost for nearly 80 years, Jordan Hayne,ABC News Online, 5 May 2015

References

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Preceded by Australian 1 pound note (section)
1910–1965
Succeeded by
Australian currency
Decimal ($1=100c)
Coins
Banknotes
Pre-decimal (₤sd)
Coins
Banknotes
Mints
Topics
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