Australia 1905–1910 - Commercial Banking Company of Sydney LIMITED £5 Specimen Proof (Pick Unlisted)
Beyond its immediate visual appeal, the note documents the final years of Australian private-banknote autonomy. Prior to the 1910 Australian Notes Act, private banks like the CBC were empowered to issue their own circulating currency. Large denominations such as this £5 were central to interbank settlement, bullion purchases, commercial clearing, and the financial infrastructure of Sydney’s rapidly expanding economy. Read more →