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5 Pounds
| Issuer | Bank of Australasia |
|---|---|
| Year | ND (1910) |
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| Shape | Rectangular |
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| Obverse description | Black intaglio engraving on white paper with an ornate guilloche border and numeral 5 in each corner. Central vignette shows the Royal Arms flanked by two lions, inscribed INCORPORATED BY ROYAL CHARTER 1835. Promise-to-pay text runs across the centre with FIVE POUNDS in bold letterpress underprint; SPECIMEN overprint and MANAGER signature line at lower right. |
|---|---|
| Obverse lettering | THE BANK OF AUSTRALASIA INCORPORATED BY ROYAL CHARTER 1835 Promise to pay the Bearer FIVE POUNDS Sterling on Demand at For the Bank of Australasia Five SPECIMEN MANAGER |
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| Comments |
The Bank of Australasia was a British-chartered institution headquartered in London, operating branches across Australia and New Zealand from 1835 until its 1951 merger with the Union Bank of Australia to form ANZ. Notes of this period were issued under colonial and then Commonwealth conditions — Australia's own central bank, the Commonwealth Bank, had only just begun operations in 1911, leaving private banks still in the business of note issue for a transitional window.
Surviving examples of P#A82 are genuinely rare. The 1910 period sits at the tail end of private bank note circulation in Australia, and many notes were surrendered during the Commonwealth's gradual assumption of the note-issuing monopoly, which became absolute in 1910 under the Australian Notes Act — meaning this note was issued right at the legislative cutoff.