r205 – Mc144 # 1974 Phillips/Wheeler Five Dollar Banknotes

AUSTRALIA
r205 1974 Phillips/Wheeler Five Banknotes

Obverse Sir Joseph Banks
Reverse Caroline Chisholm
Signatories G. Phillips, Governor, Reserve Bank of Australia
F. H. Wheeler, Secretary to the Treasury
Size 152.40mm [width], 76.20mm [height]
Composition Paper
Watermark Captain Cook in left panel
Serial Numbers Prefix NKG 504001 to NQT 999999

Notes :
The Commonwealth of Australia logo at the top of the note was replaced by Australia.

According to Michael Vort-Ronald’s publication Australian Decimal Banknotes : Paper Issues [Second edition, 2000, ISBN 0958758093] the change took place following a directive of then Prime Minister, Gough Whitlam, that where possible, references to the ‘Commonwealth of Australia’ should be changed to ‘Australia’ in official descriptions generally. Mr Whitlam believed that the term ‘Commonwealth’ no longer carried the same sort of relevance in the 1970s, in particular because of its associations with “British Commonwealth” and “Commonwealth of Nations”.

The Government reviewed the wording in 1977 but decided not to direct the Reserve Bank to change it due to the cost involved and other factors, such as consistency in the use of ‘Australia’ on both banknotes and coins.

Auction Prices
Fine VF EF aUNC CFU
2012 33 [51] [41] 51 [35] 57
2013 12 47 [40] 114
2014 113
2015 55 109
2016  [9]17  25  [84]90  [75]130
2017
First serial prefix NKG # r205F – Mc144a
r205 1974 Phillips/Wheeler Five Dollar Banknotes
Auction Prices
Fine VF EF aUNC CFU
2014
2015
2016
2017
Last serial prefix NQT # r205L – Mc144b
r205 1974 Phillips/Wheeler Five Dollar Banknotes
Auction Prices
Fine VF EF aUNC CFU
2014 780
2015
2016
2017

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