This is a 1927 One Pound banknote from the Commonwealth of Australia, graded by PMG — and it is significantly more valuable than your other Australian note.

Details

• Country: Australia

• Denomination: One Pound (£1)

• Type: ND (1927)

• Catalog: Pick #16c (R26 prefix)

• Serial: K/36 613807

• Signatures: E. C. Riddle – J. Heathershaw

• Grade: PMG 40 (Extremely Fine)

Design

• Portrait of George V on the right

• Australian coat of arms on the left

• Ornate central guilloche design

• Early Commonwealth engraving style

This is an earlier Australian pound note (1920s) and much scarcer than the 1952 £1 you showed earlier.