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10 Pounds
| Issuer | Western Australian Bank |
|---|---|
| Year | ND (1910) |
| Type | Log in to see details |
| Value | 10 Pounds |
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| Obverse description | Green intaglio note with a central vignette of a black swan on water within an ornate scrollwork frame, flanked by numeral '10' panels. Guilloche underprint in pale green; serial number range and date printed in two fields across the centre. Lower border reads 'PERTH' in large letterpress type. |
|---|---|
| Obverse lettering | WESTERN AUSTRALIAN BANK On Demand I Promise to pay the Bearer TEN POUNDS Sterling at PERTH For The Western Australian Bank Manager Entered PERTH ESTABLISHED 1841 |
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| Comments |
The Western Australian Bank was one of the colony's earliest chartered institutions, founded in 1841, but by 1910 it was operating in an increasingly hostile environment — the Commonwealth Bank Act had passed, and the private trading banks understood their note-issuing days were numbered. This high-denomination note would have seen almost no retail circulation; £10 was roughly two months' wages for a laborer, and notes of this value moved between merchants, pastoralists, and bank branches rather than across shop counters.
Bradbury, Wilkinson engraved and printed the series from their New Malden works. The Western Australian Bank was absorbed by the Bank of New South Wales in 1927, after which surviving unissued stock was almost certainly destroyed. Issued examples at this denomination are genuinely rare.