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Bank of New South Wales Banknotes: 1824-1826 |
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Between 1822 and 1825, Governor Brisbane attempted to establish a dollar system of exchange in the growing colony of New South Wales. After nearly two years of preparation, the Bank of New South Wales issued banknotes in eight new denominations between $1 and $100. J H Potts is believed to have designed all but the $3 note. Claytons are credited with the design of the $3 note and one of the two $1 varieties. Specimens of each denomination, are shown below. The reverse of each note is plain. The period was a very turbulent one for the bank's operations. Not long after completing the conversion of accounts to a dollar basis, intervention by the English authorities saw the re-establishment of the sterling system of pounds, shillings and pence. Once again the bank was forced to convert its ledgers.
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