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Australia’s Number One Online Banknote and Coin Specialist – Established 1995
One Pound King George V circa 1913-1933
The One Pound was introduced in 1913 with Collins/Allen as the main signatories of the banknote; 32 million banknotes were printed during this time.
In 1914-1915 The Federal Government issued and Emergency issue banknote, in the first instance was a superscribed banknote, taken from Pre Federation banknotes of 1860-1910 and “superscribed” with a stamped overlay signed by James Collins and George Allen, authorising the payment of One Pound in gold at the seats of government on demand.
Emergency banknotes were issued during World War 1, as demand for One Pound grew so rapidly, that demand exceeded supply.
During this period 650 million banknotes were printed and distributed from 1913-1933.