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1 Pound

Issuer Commonwealth Bank of Australia
Year ND (1926-1932)
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Reference(s) P#16
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Reverse lettering £1
£1
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Protection description the Australian coat of arms visible when held to light
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Comments

The Commonwealth Bank began printing its own notes in Melbourne from 1920, ending Australia's reliance on the British-printed Treasury notes that had circulated since 1910. This issue carries four distinct signature combinations across its undated production run — Kell/Collins, Kell/Heathershaw, Riddle/Heathershaw, and Riddle/Sheehan — reflecting the turnover of the Bank Secretary and Deputy Governor positions during a period of institutional consolidation before the Bank gained formal central banking powers in 1932.

The Riddle/Sheehan pairing is the scarcest of the four.

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