r85 – Mc125 # 1974 Phillips/Wheeler Two Dollar Banknotes

1974 Phillips/Wheeler Two Dollar Banknote

AUSTRALIA
r85 1974 Phillips/Wheeler Two Dollar Banknotes

Obverse John Macarthur with Merino Sheep
Reverse William James Farrer with Wheat Ears
Signatories J. G. Phillips, Governor, Reserve Bank of Australia
F. H. Wheeler, Secretary to the Treasury
Size 145.00mm [width], 72.50mm [height]
Composition Paper
Watermark Captain Cook in left panel
Serial Numbers Prefix HBQ 528001 to HLP 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 8 13 30 [14] 32
2013 44
2014 41
2015 [7] 25 [21] 43
2016  [2]4  [6]8  [8]20  [10]18  [45]51
2017
First serial prefix HBQ # r85F – Mc125a
r85 1974 Phillips/Wheeler Two Dollar Banknotes
Auction Prices
Fine VF EF aUNC CFU
2014
2015
2016
2017
Last serial prefix HLP # r85L – Mc125b
r85 1974 Phillips/Wheeler Two Dollar Banknotes
Auction Prices
Fine VF EF aUNC CFU
2014
2015
2016
2017

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