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r39 – Mc60 # 1927 Kell/Heathershaw Five Pound Note
(Note Issue Department)


r39 1927 Kell/Heathershaw Five Pound Note


Obverse Coat of Arms
Reverse Hawkesbury River, N.S.W
Signatories James Kell, Chairman of Directors, Note Issue Department
Commonwealth Bank of Australia
J. Heathershaw, Secretary to the Treasury
Size180.34mm [width], 78.74mm [height]
CompositionPaper – 75 gsm
Watermark Light basketweave around edges and ’£5’ (twice) in centre
Dark ’Commonwealth’ above and ’Australia’ below centre
Mintage1,000,000
Serial
Numbers
Prefix letter Q over numeral
Q / 7 620871 to approx Q / 9 [last number unknown]


Notes : The Kell/Heathershaw signature combination is printed in very dark blue. In some catalogues, a distinction is made between black and dark blue signatures. The colour appears as black unless the note is held up to a strong light.


Valuation : r39 – Mc60 # Kell/Heathershaw Five Pound Banknotes
These notes only appear very rarely, so any valuations are largely hypothetical.


Lot 178 at the International Auction Galleries Auction 70 held on 13th September, 2009 was a r39 banknote - graded UNC - which realised a price of $104,850








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