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100 Pounds

Issuer Bank of Australasia
Year ND (1910)
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Composition Cotton paper
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Obverse lettering THE BANK OF AUSTRALASIA
INCORPORATED BY ROYAL CHARTER, 1835
Promise to pay the Bearer on Demand One Hundred Pounds Sterling
at Adelaide, SOUTH AUSTRALIA
For the BANK OF AUSTRALASIA
One Hundred
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Variants P#A85a - Melbourne
Comments

The Bank of Australasia was a British-chartered institution headquartered in London, not an Australian central bank — a distinction that matters here. Perkins Bacon had a long relationship with the bank, supplying engraved notes from London throughout the colonial and early Federation periods. This £100 note, issued around 1910, would have been used almost exclusively for interbank settlement and large commercial transfers; retail customers rarely if ever handled denominations of this size.

The bank was absorbed into the Union Bank of Australia in 1951, after which remaining unissued stock was withdrawn. High-denomination survivor notes from this series are exceptionally rare in any condition.

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