AN A TO Z OF BANKNOTES OF THE WORLD THE BANKNOTES OF AUSTRALIA
Mar 01, 2020
4 minutes
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The story of paper money in Australia starts in 1817 when the Bank of New South Wales issued a note for ten shillings. Many other private bank issues followed, some of which failed to last very long. All the private banks issued notes but survivors are hard to find nowadays and are generally very expensive. In 1910 the remaining private bank issues were overprinted by the newly-created Commonwealth of Australia Treasury ahead of introducing a new series of Commonwealth notes for circulation throughout the country.
These first appeared in 1913 and set a high standard in terms of design and quality, being engraved by the English emigrant Thomas Harrison who also set up the government
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