r45 – Mc67 # 1939 Sheehan/McFarlane Five Pound Banknotes

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1939 Sheehan/McFarlane Five Pound Banknote

r45 1939 Sheehan/McFarlane Five Pound Banknotesr45 1939 Sheehan/McFarlane Five Pound Banknotes

ObverseGeorge V & Coat of Arms
ReverseCommerce Scene
SignatoriesH. J. Sheehan, Governor, Commonwealth Bank of Australia
S. G. McFarlane, Secretary to the Treasury
Size180.34mm [width] 78.74mm [height]
CompositionPaper – 77 gsm
WatermarkCaptain Cook in centre oval
’FIVE’ behind each signature
Serial NumbersPrefix letter R over numeral
R/20 338001 to R/34 081000

Notes :
It was three years after the death of King George V before the design on the front of the five pound note was modified. George VI’s portrait replaced that of the George V and the watermark was changed to Captain James Cook. The design of the note remained unchanged throughout his reign, with only the signatories being modified. The first signature combination – Sheehan/McFarlane – was printed in blue, while the remaining combinations until 1954 were printed in black.

Approximately 136,956,000 five pound notes were produced between 1939 and 1954 when a new design with Sir John Franklin on the front and a primary industry mural on the back was introduced.

Auction Prices
VGFineVFEFaUNCCFU
2013[135]1,096
2014624509,600 [pair]
2015[72]95155280510[720]755
201644[55]190[93]205[162]409[207]521
201779[89]105[250]495*174
* PCGS graded as VF35

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updated; 14/07/2017