1949 Australian Heritage One Pound Banknote – Australian King George Currency

A Gift for Remembering the Past This Australian One Pound banknote forms part of the Coombs & Watt series, with this example representing the second prefix issue, R31, released in 1949.
Notes from this period reflect Australia’s post-war monetary landscape and the continuation of pre-decimal currency designs that were familiar to Australians for many years.

Graded Fine, this note shows light wear around the edges and visible folding, consistent with genuine circulation. Despite this, the note remains clear and legible, retaining strong detail and appeal as a collectible pre-decimal banknote.

Key Features

• Australian One Pound banknote
• Coombs & Watt Signatures
• Second prefix issue: R31 (issued 1949)
• Pre-decimal Australian currency
• Grade: Fine
• Light edge wear and folding consistent with circulation
• Suitable for collectors seeking an affordable historic banknote

• Condition assessment

  Based on the original photographs rather than the enhanced advertising picture, I would describe the note as Fine 

  The note appears to have:

  • Good original detail in the portrait and engraved design.

  • Some discolouration and age-related staining.

  • Visible handling wear and possible folds or creases.

  • Edge wear consistent with a circulated banknote.

  • Both front and reverse present, which is helpful for assessing condition.

  The original wear is part of its history and should be retained in sales photographs.