Pre-decimal banknotes price guide and values
The Australian Notes Act of 1910 stipulated that private banks could no longer issue any form of money, and that any note or instrument issued by a Bank would no longer be considered legal tender. In 1913, the first national banknotes were introduced in denominations of ten shillings (10s), one pound (£1), 5 pound (£5) and ten pound (£10). Twenty pound (£20), fifty pound (£50), one hundred pound (£100) and one thousand pound notes (£1000) appeared for the first time in 1914.
The value of a pre-decimal banknote depends on several factors such as rarity, wear, supply and demand, etc. This section will help you to find the value of your banknotes.