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Auction: 23132 - World Banknotes - e-Auction
Lot: 1007

Australia, The Queensland National Bank Limited, specimen £50, 19--, serial number C501/502, this particular banknote is exceptionally rare; it holds no listing in Pick or the Banknote Book, and is therefore a gem for any collector. It serves as a tangible relic from the earlier chapters of Australia's banking history. Established in 1872, the Queensland National Bank embarked on an extensive expansion, establishing branches across Queensland and various parts of Australia. The bank underwent several mergers, most notably with the National Bank of Australasia Ltd in 1918, a move that positioned it as one of Australia's largest banks during that era. The enduring legacy of the bank, and indeed this banknote, is intricately linked with the economic narrative of Queensland and Australia as a whole. This historical significance is eloquently conveyed through the vintage typeface and design of the note
(Pick unlisted), in PMG holder 53 About Uncirculated, extremely rare

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Estimate
£2,500 to £3,500

Starting price
£1700