1 Australian Pound (1913 – 1924 Series)

Meta description: Exchange 1 Australian Pound banknotes (1913–1924 series). UK service for exchanging old Australian currency. Instant online valuation.

The 1 Australian Pound banknote issued between 1913 and 1924 by The English, Scottish & Australian Bank Limited represents an early private bank issue circulating alongside government notes during the formative years of Australia’s national monetary system. These notes reflect a transitional period in Australian banking history, when commercial banks still issued paper currency prior to full centralisation under the Commonwealth. The design combines Victorian-era engraving traditions with emerging Australian identity symbolism.

On the front of the banknote, the heading South Australia – The English Scottish & Australian Bank Limited appears prominently across the upper section. A seated allegorical female figure stands within a decorative panel at the left, symbolising prosperity and stability. The central vignette shows a pastoral rural scene with agricultural activity, reinforcing the economic importance of farming in early Australia. Handwritten signatures and serial numbering are integrated into the design, typical of private banknotes of the era. The denomination One Pound is printed clearly across the lower centre, while geometric borders and patterned panels provide both ornament and protection against counterfeiting.

The reverse presents a highly decorative design dominated by the large word ONE within an ornate circular framework. Surrounding guilloché patterns radiate outward across a yellow-to-blue gradient background, creating a visually striking appearance uncommon in later government-issued currency. Repeated small emblems and symmetrical border details reinforce authenticity while highlighting the craftsmanship of early banknote engraving.

As an early private bank issue, the 1 Australian Pound (1913–1924) is no longer accepted by banks or exchange bureaux and is usually discovered in collections or inherited historical documents. If you would like to exchange foreign coins and notes, our UK-based service offers a simple route to convert historic foreign currency.

• Indicate the quantity of 1 Australian Pound banknotes you want to exchange

• Click the ‘Add to your account’ button

• Your online account now shows the exchange value

Very old overseas banknotes issued by private banks fall entirely outside modern banking exchange systems. We exchange leftover currency for individuals, charities, and businesses across the UK, providing a trusted way to convert obsolete foreign banknotes into pounds securely when traditional providers cannot assist.