Skip to content

POCKET GUIDE TO AUSTRALIAN BANKNOTES 2 Change & Stability AUSTRALIAN BANKNOTES FROM THE 1930s TO 1950s

1950s Series | 1953–1954

Detail of the Australian coat of arms on the front of the 10 shillings banknote, first issued in July 1954.

Reserve Bank of Australia Archives, NP-003779.

10s

Between 1801 and 1803, Matthew Flinders (1774–1814) made surveys of Australia's coastline as commander of HMS Investigator. He completed the first recorded circumnavigation of the continent.

Front of the 10 shillings banknote, showing Matthew Flinders with Sarcochilus falcatus alba (Sarcochilus orchids), intaglio and letterpress background, with watermark of Captain James Cook, first issued in July 1954.

Reserve Bank of Australia Archives, NP-003779.

Matthew Flinders presented this portrait miniature to his wife, Ann, before departing England for his voyage of circumnavigation in 1801. It was 1810 before they were reunited.

Matthew Flinders, portrait miniature by an unknown artist, watercolour on ivory, circa 1800.

Mitchell Library, State Library of NSW, Min 52.

Back of the 10 shillings banknote, showing first Parliament House, Canberra, intaglio only, with watermark of Captain James Cook, first issued in July 1954.

Reserve Bank of Australia Archives, NP-003779.

Matthew Flinders promoted the single name ‘Australia’ for the continent that he helped to chart through his circumnavigation. The image of first Parliament House, Canberra, represents the seat of Australia's unified, federal government. The Liberal Party of Australia led the government from December 1949 until December 1972, with Robert Menzies as Prime Minister from 1949 until 1966.

£1

Intrigued by the possibility of a vast lake or ‘inland sea’ at Australia's centre, Charles Sturt (1795–1869) conducted a series of explorations of the country's interior. In 1828 he began to explore the region of the Macquarie River in western New South Wales, with the assistance of Hamilton Hume; the expedition located the Darling River, named after the Governor, Sir Ralph Darling.

Hamilton Hume (1797–1873), was born on his family's property known as Seven Hills, near the present-day Sydney suburb of the same name. In 1824 he established with William Hovell an overland route between New South Wales and Port Phillip Bay, at the site of Geelong, Victoria. He is commemorated by the Hume Highway, the principal road between Sydney and Melbourne.

Front of the £1 banknote, showing Queen Elizabeth II with Hakea laurina, (Pincushion Hakea), intaglio with letterpress background, with watermark of Captain James Cook, first issued in October 1953.

Reserve Bank of Australia Archives, NP-003794.

Plaster cast of Queen Elizabeth II by Leslie Bowles.

Reserve Bank of Australia Archives, NP-003189.

Back of the £1 banknote, showing Charles Sturt (left) and Hamilton Hume (right), with Hakea laurina, (Pin-cushion Hakea), intaglio only, with watermark of Captain James Cook, first issued in October 1953.

Reserve Bank of Australia Archives, NP-003794.

£5

Sir John Franklin (1786–1847) was a naval officer and navigator who became the Lieutenant-Governor of Tasmania from 1837 to 1843. He was influential in establishing an education system and founding the Tasmanian Natural History Society, the first scientific Royal Society established outside Britain. He perished on his voyage to navigate the Northwest Passage through the Arctic Ocean.

The prominence of rural activities in Australia's exports ensured their continued representation in the new series. The tableau suggests a harvest festival display in its symmetrical arrangement; it includes wheat and barley, species of fruit, a Merino ram and ewe, and a Hereford bull and Jersey cow. Aboriginal culture was represented for the first time on issued Australian banknotes through the inclusion of shields and a boomerang.

Front of the £5 banknote, showing Sir John Franklin, with Corymbia maculata (synonym Eucalyptus maculata) (Spotted gum), intaglio with letterpress background, with watermark of Captain James Cook, first issued in July 1954.

Reserve Bank of Australia Archives, NP-003809.

Sir John Franklin, portrait miniature by an unknown artist, watercolour on parchment, undated.

Mitchell Library, State Library of NSW, Min 25.

Back of the £5 banknote, intaglio only, with watermark of Captain James Cook, first issued in July 1954.

Reserve Bank of Australia Archives, NP-003809.

£10

Arthur Phillip (1738–1814) was appointed by the British Secretary of State, Lord Sydney, as the first governor of the penal colony of New South Wales. Botany Bay had been recommended as the colony's site, but Phillip sailed further north to Port Jackson, the traditional lands of the Eora people. On 26 January 1788, he named the colony Sydney Town.

Front of the £10 banknote, showing Arthur Phillip, with Swainsona coronillifolia alba (Darling pea), intaglio with letterpress background, with watermark of Captain James Cook, first issued in June 1954.

Reserve Bank of Australia Archives, NP-003818.

Captain Arthur Phillip, portrait by Francis Wheatley, oil on canvas, 1786.

Mitchell Library, State Library of NSW, ML124.

Industry and science are represented on the banknote with symbols of electrical power, chemistry, a pair of scales and gears. A classically draped figure holds a pair of dividers and a scroll of paper, symbolising planning before manufacture.

Back of the £10 banknote, intaglio only, with watermark of Captain James Cook, first issued in June 1954.

Reserve Bank of Australia Archives, NP-003818.

Having emigrated from Latvia, Karina Nartiss was given permanent residence in Australia in 1951, the year before she modelled for this photograph.

Photograph of Karina Nartiss (nee Zars, 1925–85) for the design of the £10 banknote.

Reserve Bank of Australia Archives, NP-003258.

Explore the series of Pocket Guides