| Obverse |
George VI & Coat of Arms |
| Reverse |
Commerce Scene |
| Signatories |
H. J. Sheehan, Governor, Commonwealth Bank of Australia
S. G. McFarlane, Secretary to the Treasury |
| Size | 180.34mm [width], 78.74mm [height] |
| Composition | Paper – 77 gsm |
| Watermark | Captain Cook in centre oval
’FIVE’ behind each signature |
| Mintage | 13,743,000 |
Serial Numbers |
Prefix 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.
Valuation : r45 – Mc67 # Sheehan/McFarlane Five Pound Banknotes
| Grading | VG | Fine | VF | EF | aUNC | CFU |
| 1998 | 50 | 100 | 250 | 500 | 1,500 | 2,500 |
| 2003 | 75 | 150 | 400 | 1,500 | 3,000 | 5,000 |
| 2008 | 200 | 400 | 900 | 4,000 | 9,000 | 17,500 |
| 2009 | | | [$850] | [$3,750] | | [$17,475] |
| 2010 | | | | | | [$18,640] |
Lot 176 at the International Auction Galleries Auction 68 held on 21st September, 2008
was a pair of r45 banknotes - graded UNC - which realised a price of $36,697
|
First serial prefix R/20 # r45F – Mc67a |
Valuation : r45F Sheehan/McFarlane First Serial Prefix R/20
| Grading | VG | Fine | VF | EF | aUNC | CFU |
| 2010 | 300 | 500 | 1,500 | 6,000 | 10,000 | 20,000 |
|
Last serial prefix R/34 # r45L – Mc67b |
Valuation : r45L Sheehan/McFarlane Last Serial Prefix R/34
| Grading | VG | Fine | VF | EF | aUNC | CFU |
| 2010 | 300 | 500 | 1,500 | 6,000 | 10,000 | 20,000 |
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