Australian Pre-Decimal One Pound Banknotes

Australian Banknotes Book

Australian one pound notes were in circulation from 1913 up until they were replaced in 1966.

Several rare varieties of serial number were issued on the one pound notes of King George V, while the paper stock used to print pound notes during the series of King George VI was heavier than printed in previous years.

Several different types of one pound notes are required for a complete collection from the final era of Elizabeth II, each of those one pound notes has unique features and signatures such as Coombs Wilson.

Some pound notes can be particularly valuable if they have the right serial numbers or if they are in high grade.

The rarest notes with grades such as Uncirculated or Extra Fine can be measured in tens of thousands of dollars.

The elaborate and dignified images employed on Australia’s Commonwealth paper currency carry with them an air of exclusivity not captured by our nation’s coinage from the same period. 

Due to the extended period over which they were issued, there are several tiers of demand to the collector market for pre-decimal notes. Most collectors begin collecting cheaper notes from the Elizabeth II era, and aspire to own rarer and more historic notes from earlier periods as they build experience and confidence in the market.