1 Australian Pound (1913 – 1924 Series)

The 1 Australian Pound banknote dated between 1913 and 1924 represents an important transitional period in Australia’s monetary history, when colonial and private bank issues were gradually replaced by nationally standardised Commonwealth currency. Notes of this era reflect a blend of ornate Victorian engraving, institutional formality, and evolving security features, marking the development of Australia’s independent financial identity in the early twentieth century.

On the front, the title Commonwealth of Australia is prominently displayed, accompanied by a detailed legal tender promise confirming payment of one pound in gold coin on demand at the Commonwealth Treasury. The denomination One Pound is clearly printed at the centre, surrounded by intricate guilloché patterning and ornamental borders. Serial numbers appear in matching positions across the upper field. Fine micro-line engraving fills the background, creating a dense security lattice that was advanced for its time and difficult to replicate.

The reverse of this series is characterised by elaborate decorative frameworks and detailed engraving, often featuring symbolic national imagery and finely executed scrollwork. The design is structured symmetrically, with the denomination repeated in the corners and set within complex geometric panels. Subtle colour transitions and layered background textures reflect the craftsmanship of early twentieth-century banknote printing.

As a pre-decimal and long-withdrawn issue, the 1 Australian Pound (1913–1924) is no longer accepted by banks or exchange bureaux and is commonly discovered in inherited collections, estate paperwork, or historic financial archives.

If you would like to exchange foreign coins and notes, our UK-based service offers a secure and efficient solution.

• 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 early Australian pound notes fall completely outside modern banking exchange systems, meaning high-street providers will not process them. We exchange leftover currency for individuals, charities, and businesses across the UK, providing a trusted way to convert obsolete foreign banknotes into pounds rather than leaving them stored or unusable.