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Australia 1877 Mercantile Bank of Sydney £1 specimen with red ONE overprint, Pick Unlisted, printed by Bradbury Wilkinson & Co., graded PMG 66 EPQ Gem Uncirculated Pop 1, only known example

Australia 1877 - Mercantile Bank of Sydney £1 Specimen (Pick Unlisted)

A superb Bradbury, Wilkinson & Co. specimen from the early colonial banking era, this £1 note for the Mercantile Bank of Sydney survives today as the only documented example of its type. Certified PMG 66 EPQ Gem Uncirculated and recorded as Pop 1, it represents a unique surviving specimen of a private Australian bank whose issues rarely appear in any form. The same piece is known to have appeared once in a past Christie’s sale prior to encapsulation, making this the sole confirmed survivor based on all available auction, census, and institutional research. Read more →

AustraliaSpecimen18771 PoundPMG 66 EPQ Gem Uncirculated (Pop 1) Specimen1 PoundPick UnlistedRed OverprintColonial Private BankBradbury WilkinsonBWCMercantile Bank of SydneyNew South Wales Banking History19th Century FinanceAustralian Private IssuesSecurity Printing HistoryColonial PeriodAustralia1877Only Known ExampleR9 Extremely RareUniquePop 1Top PopPMG 66 EPQGem UncirculatedMuseum Grade
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Australia 1880–1910 Commercial Bank of Australia £100 specimen, PMG 64 Choice Uncirculated

Australia 1880–1910 - Commercial Bank of Australia £100 Specimen (Pick Unlisted)

When the Commonwealth centralized currency authority in 1910 and later established the Australian Notes Branch (and eventually the Reserve Bank), nearly all private banknote issues were recalled and destroyed. As a result, only specimen or printer’s archival material survived for many denominations. For the £100 type, the absence of issued survivors underscores the near-total eradication of high-value private currency from the record.

Australian Private Banknotes Australian Monetary History
Commercial Banking Company of Sydney LIMITED £5 proof, circa 1905–1910, PMG 63 EPQ

Australia 1905–1910 - Commercial Banking Company of Sydney LIMITED £5 Specimen Proof (Pick Unlisted)

Unlisted in Pick and graded PMG 63 EPQ Choice Uncirculated (Top Pop), this specimen marks the transition from private colonial issues to the newly centralised Commonwealth currency introduced after 1910. It reflects both the confidence of early-twentieth-century Australian banking and the enduring partnership between London engravers and Australian financial institutions.

Australian Private Banknotes Australian Monetary History
Australia 1877 City of Melbourne Bank Limited £20 specimen engraved by Bradbury Wilkinson, PMG 62 Uncirculated, unique surviving example

Australia 1877 - City of Melbourne Bank Limited £20 Specimen (Pick Unlisted)

A unique surviving specimen of the £20 denomination issued by the City of Melbourne Bank Limited, representing one of the highest-value private banknotes produced in colonial Victoria. Printed from Bradbury, Wilkinson & Co. master plates, this note belongs to the final generation of Australian private banknote engraving before national standardization and the destruction of nearly all high-denomination material.

Australian Private Banknotes Australian Monetary History
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