1000 Australian Pounds (1923 – 1927 Series)

The 1000 Australian Pounds banknote issued between 1923 and 1927 stands among the highest-value notes ever produced within Australia’s pre-decimal monetary system. A 1000 Australian pound banknote from the 1923–1927 period is a rare item, as these high-denomination notes were primarily used for interbank settlements and were not intended for general public circulation. Issued by the Commonwealth Bank of Australia, the note functioned largely within banking and treasury environments, which explains why surviving examples are seldom encountered outside archives, collections, or estate paperwork.

On the front of the banknote, the layout is strongly symmetrical and centred around the formal promise of payment text stating that the Commonwealth promises to pay the bearer one thousand pounds in gold coin on demand. Large “1000” denomination panels appear in each corner inside floral rosettes for immediate recognition. At the left is the Australian Coat of Arms enclosed within a circular medallion, while at the right sits a portrait of King George V facing inward. The background consists of dense guilloché security patterning and layered tinting designed to make reproduction extremely difficult. The typography is bold and deliberate, reinforcing the note’s official and financial purpose.

The overall design prioritises clarity and authentication over pictorial storytelling. Wide margins, structured spacing, and a heavily ornamented border allowed bank officials to quickly verify authenticity during high-value transactions. The green-blue colour palette further differentiates the denomination from lower-value notes and follows traditional banking conventions for very high denominations.

As an obsolete pre-decimal issue, the 1000 Australian Pounds (1923–1927) cannot be exchanged at banks or high-street currency bureaux and is usually discovered in archives, estate documents, or historic financial holdings. If you want to exchange foreign coins and notes, our UK-based service offers a practical route to convert historic foreign currency.

• Indicate the quantity of 1000 Australian Pound banknotes you want to exchange

• Click the ‘Add to your account’ button

• Your online account now shows the exchange value

Extremely high-value historic notes often fall completely outside modern banking procedures, leaving owners unsure how to realise any value. We specialise in exchanging leftover currency for individuals, charities, and businesses across the UK, providing a secure and trusted way to convert obsolete foreign banknotes into pounds when traditional exchange providers are unable to help.