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1 Pound Commonwealth Bank

Issuer Commonwealth Bank of Australia
Year 1953-1960
Type Standard circulation banknote
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Obverse lettering AUSTRALIAN NOTE
COMMONWEALTH OF AUSTRALIA
ONE POUND
LEGAL TENDER IN THE COMMONWEALTH AND IN ALL TERRITORIES UNDER THE CONTROL OF THE COMMONWEALTH
Commonwealth Bank of Australia
Governor
Secretary to the Treasury
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Protection type Watermark
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Comments

H.C. Coombs signed this note in two separate capacities over the course of the series — first as Governor of the Commonwealth Bank alongside Secretary to the Treasury Roland Wilson, then again with Walter Scott after the 1960 signature change. That consistency of Coombs across both signature varieties makes him the thread connecting the entire run.

These were among the last pound-denominated notes issued before Australia's protracted move toward decimal currency, which finally landed in February 1966. The Note Printing Branch had been producing domestic currency in Melbourne since the 1920s, an arrangement that gave the Commonwealth Bank unusual vertical control — issuer and printer under the same roof.

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