| Obverse |
Coat of Arms |
| Reverse |
Hawkesbury River, N.S.W |
| Signatories |
James Kell, Chairman of Directors, Note Issue Department
Commonwealth Bank of Australia
James R. Collins, Secretary to the Treasury |
| Size | 180.34mm [width], 78.74mm [height] |
| Composition | Paper – 75 gsm |
| Watermark |
Light basketweave around edges and ’£5’ (twice) in centre
Dark ’Commonwealth’ above and ’Australia’ below centre |
| Mintage | 7,620,870 [includes black & dark blue signatures] |
Serial
Numbers |
Black Signatures Prefix letter Q over numeral
Q / 0 000001 to Q / 5 [last number unknown]
|
Notes :
This note, designed and printed by Thomas S. Harrison, is longer and narrower than earlier issues.
It was introduced to improve production efficiency by allowing 6 notes instead of 4 to be printed
on each sheet. The reverse design of the Hawkesbury River was retained and additional security
features were added. A basketweave watermark was used around the borders and the denomination
appears in watermarks in the center of the note.
Approximately 11,290,400 five pound notes were printed between 1924 and 1927 with James Kell’s signature,
firstly as Chairman, Note Issue Department, and changing to Governor of the Commonwealth Bank in 1927.
The Kell/Collins signature combination was printed in both black and dark blue. Examination by holding the note
up to light may be necessary to determine the colour used on a particular note.
Valuation : r38a – Mc58 # Kell/Collins Five Pound Banknotes
These notes only appear very rarely, so any valuations are largely hypothetical.
Lot 169 at the International Auction Galleries Auction 68 held on 21st September, 2008
was an r38a banknote - graded F - which realised a price of $3,262
Lot 184 at the International Auction Galleries Auction 69 held on 8th March, 2009
was a r38a banknote - graded EF - which realised a price of $25,630
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