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5 Pounds

Issuer Commercial Bank of Tasmania Limited
Year ND (1910)
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Currency Pound (1825-1966)
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Obverse description Intaglio-printed note with a classical female vignette at upper left, seated beside water with a lion, within an ornate guilloche border. The bank title 'THE COMMERCIAL BANK OF TASMANIA LIMITED' arches across the top, with a £5 numeral cartouche at upper right. A promise-to-pay text runs in script across the centre, with 'FIVE' in an ornamental panel at lower left and 'HOBART' in large vertical lettering on both side margins.
Obverse lettering THE COMMERCIAL BANK OF TASMANIA LIMITED
HOBART 1st January 18
Promise to pay the Bearer on Demand the Sum of FIVE POUNDS Sterling Value received
For THE COMMERCIAL BANK OF TASMANIA LIMITED
FIVE
DIRECTOR
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Comments

The Commercial Bank of Tasmania Limited was absorbed into the Bank of Australasia in 1921, making all surviving notes from its final decade relatively scarce. By 1910, Australian private banknote circulation was already under pressure — the Commonwealth Bank had been established the previous year, and it was increasingly clear that the private trading banks' note-issuing privileges would eventually be curtailed, as they were formally after 1910 under the Australian Notes Act.

The absence of a printed date on this issue is characteristic of Tasmanian private bank practice of the period, with dates applied at the branch on issue.

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