1953-60 Coombs/Wilson One Pound Note
(Commonwealth Bank)


Obverse:Coat of Arms & Elizabeth II.
Reverse:Charles Sturt 1795-1869 & Hamilton Hume 1797-1873
Signatories:H.C. Coombs, Governor, Commonwealth Bank of Australia.
Roland Wilson, Secretary to the Treasury
Size:154.94mm (width), 81.28mm (height).
Composition:Paper - 83 gsm.
Watermark:Captain Cook in left oval.
'ONE POUND' behind each signature.
Mintage:565,456,000
Serial
Numbers:
Normal Note - Commonwealth Bank.
Prefix letters HA, HB, HC, HD, HE or HF over numeral
HA/00 000001 to HF/65 456000.
Star Replacement.separate entry.

Valuation :
1953-60 Coombs/Wilson One Pound Note - Commonwealth Bank

Very
Good
FineVery
Fine
Extra
Fine
Almost
Uncirc.
Crisp Flat
Uncirc.
2002315306080115

Notes:

The death of King George VI presented an opportunity to introduce new designs for the one pound note. The newly crowned Queen Elizabeth is featured on the front of the new note and portraits of Charles Sturt and Hamilton Hume, pioneer explorers of the Australian outback, appear on the back.

Approximately 1,066,000,000 one pound notes were produced between 1953 and 1966 with the only changes being in signatory H. C. Coombs' title when responsibility for issuing notes was transferred from the Commonwealth Bank to the Reserve Bank of Australia and in the shade of green used on the reverse of the note.

Banknotes with a serial number of one million (1000000) command a significant premium. Banknote numbering machines had only six printing wheels. When the seventh digit was required to complete each series, the serial number was printed on a hand press. The practice was continued with decimalisation until 1971.

 

Valuation :
1953-60 Coombs/Wilson One Pound Note - Commonwealth Bank
1000000 Serial Number

Very
Good
FineVery
Fine
Extra
Fine
Almost
Uncirc.
Crisp Flat
Uncirc.
19984508501,3503,2504,7506,500

Collectors are willing to pay a large premium for the first serial prefix (HA / 00) of Coombes/Wilson One Pound notes.

 

Valuation :
1953-60 Coombs/Wilson One Pound Note - Commonwealth Bank - First Serial Prefix HA / 00

Very
Good
FineVery
Fine
Extra
Fine
Almost
Uncirc.
Crisp Flat
Uncirc.
1999551002254507501,100

Specimen notes, issued to officials and banks for training and documentation purposes, also command a premium.

Valuation :
1953-60 Coombs/Wilson One Pound Specimen Note - Commonwealth Bank

Very
Good
FineVery
Fine
Extra
Fine
Almost
Uncirc.
Crisp Flat
Uncirc.
19881,000

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