Watch List notes:

One pound, Collins/Allen (1910), superscribed issue on The Bank of Adelaide, one pound, Adelaide, 1st March 1907, No. 1400333, superscribed serial E 031668 (R.S5(c)). A most attractive note front and back, extremely fine and extremely rare.

Ex S.V.Hagley Collection, Max Stern November 1976 (lot 655) and later Dr Alan Nicholson Collection (Noble Numismatics Sale 49B, lot 1663). See previous lot for the consecutive number to this note. This pair demonstrates the forms were printed in descending order.
($18000-20000)