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10 Pounds Reserve Bank
| Issuer | Reserve Bank of Australia |
|---|---|
| Year | 1960-1965 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | COMMONWEALTH OF AUSTRALIA £10 |
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| Protection type | Log in to see details |
| Protection description | Captain James Cook's portrait, with the lettering '10 POUNDS' appearing behind each signature area. |
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| Comments |
Australia's pre-decimal £10 notes of this period were the highest denomination in general circulation, and the Coombs-Wilson signature combination places this firmly in the early 1960s — Coombs as Governor, Wilson as Secretary to the Treasury. That pairing ran concurrently with the lengthy planning process for decimalization, which eventually made all sterling-denomination notes obsolete on 14 February 1966.
The Note Printing Branch had produced Australian currency in-house since 1913, and by this series had refined the intaglio process to a reliable domestic standard. Interestingly, this £10 was demonetized not by exhaustion or replacement within the sterling system, but simply by the wholesale conversion — one dollar equaling ten shillings, meaning this note converted to the equivalent of A$20.