1918 One Pound Cerutty/Collins R21 Extremely Fine
| We Last Sold This Item For: | $4,300.00 |
|---|---|
| Last Sold On: | 10/8/2020 |
| # Sold In Past 12 Months: | 0 |
1918 One Pound Cerutty/Collins R21 Extremely Fine
A crisp and firm example of the most affordable Australian "Treasury" series £1 note.
Most collectors of Australian pre-decimal banknotes collect by "type", that is they start off looking to get one of each type of Australian banknote printed during our pre-decimal period.
As the market for Australian pre-decimal notes has eased considerably over the past few years, it'd be logical to presume that good quality notes are now far easier to get than they used to.
The good news is that yes - they are far cheaper, but they are not far easier to get.
The Treasury Series of Australian Commonwealth Notes
The "Treasury" series of Australian banknotes was on issue between 1913 and around 1923 - these notes are referred to as "Treasury" notes by collectors because they were the first Australian banknotes issued for the Australian Commonwealth Treasury. There were a number of changes made to the way Australia's currency notes were printed in the decade between 1913 and 1923 - not only did the signatories change from Collins and Allen to Cerutty and Collins, but the format of the serial numbers added to each of the notes changed several times also.
When it comes to the Treasury series £1 notes, collectors have 5 different varieties of note to choose from. There are 4 varieties of Collins Allen £1 note, and just the one variety of Cerutty Collins note. As the Note Issue Department had settled on a serial number format that could be used for the medium term without any problems by late 1916, no minor changes were necessary to the Cerutty Collins £1 notes between 1918 and 1923. As the Australian economy recovered following the end of World War I, more currency notes were printed than was necessary during the war.
All of this means that the Cerutty Collins £1 note is the most affordable Treasury series note available to collectors - it is the easiest to get in attractive and presentable condition.
Any collector that has kept an eye out for Cerutty Collins £1 notes being offered for sale via auction over any meaningful period of time will attest that they are incredibly difficult to get in premium condition. The number of R21's that are available in Extremely Fine condition or better is a tiny fraction of the population of notes in about EF condition or lower.
The paper of this particular note remains very crisp and firm - the note retains plenty of body, the edges and corners are all sharp, and the colours are extremely original. Three light vertical bends are evident.
This is an attractive example of Australia's first Commonwealth £1 banknote - a fantastic option for the pre-decimal collector looking for an attractive and rare representation of this type for the lowest price possible.
SKU: 2607
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