r45 – Mc67 # 1939 Sheehan/McFarlane Five Pound Banknotes

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
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

	VG	Fine	VF	EF	aUNC	CFU
1998	50	100	250	500	1500	2500
2003	75	150	400	1500	3000	5000
2008	200	400	900	4000	9000	17500
Auction Prices
2012	84	187	[444] 503	411
2013			[135]

First serial prefix R/20 # r45F – Mc67a

	VG	Fine	VF	EF	aUNC	CFU
2010	300	500	1500	6000	10000	20000
Auction Prices
2012

Last circulation serial prefix R/34 # r45L – Mc67b

	VG	Fine	VF	EF	aUNC	CFU
2010	300	500	1500	6000	10000	20000
Auction Prices
2012

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