1893 National Bank of Australasia 1 Pound Specimen UNC

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The National Bank of Australasia was a bank founded in 1858 in Melbourne.

National Bank of Australasia was one of many banks that closed its doors during the banking crisis of 1893. Director John Grice was active in the crisis, from which the bank returned as a public limited company, incorporated on 23 June 1893.

It is interesting to note the date on this specimen is June 1st 1893. 22 days prior to the banks re-emergence in the wake of a tremendous financial crisis.

Ultimately, in 1982 the bank merged with the Commercial Banking Company of Sydney to form National Australia Bank. (Commonly known as NAB).

Pre Federation notes are an area of collecting which I believe is underrated and often undervalued. It is a sector which offers a great deal of research opportunity which is both rewarding and engaging. Owning a piece of Australian monetary history such as this is something I am privileged and proud to be able to offer.