Australia 19.6.1893 City of Melbourne Bank Specimen Limited 50 Pounds PMG64

Australia City of Melbourne Bank Limited £50 19.6.1893 Pick-UNL Specimen.

The bank was in business from 1873-1895. This £50 note was printed by Bradbury Wilkinson & Co. and is a Specimen, being perforated with "SPECIMEN / B. W & Co / LONDON." PMG grades this note Choice Uncirculated 64 EPQ

This 1893 London City of Melb bank fifty Pounds presents a financial snapshot of the colony exactly 100 years after settlement. It also is a high value note. And rare as such. A fifty Pounds note was well beyond the reach of most of the colony’s residents. In 1893, soldier and typist annual income is 25 pounds.