| Obverse |
Coat of Arms & George V |
| Reverse |
Captain Cook Landing at Botany Bay |
| Signatories |
Denison Miller, Chairman of Directors,
Note Issue Department, Commonwealth Bank
James R. Collins, Secretary to the Treasury
|
| Size | 180.34mm [width], 78.74mm [height] |
| Composition | Paper – 75 gsm |
| Watermark |
Light basketweave around edges and ’£1’ (twice) in centre
Dark ’Commonwealth’ above and ’Australia’ below centre
|
| Mintage | 10,000,000 |
Serial
Numbers |
Prefix letter Small H over numerals (no imprint) |
Notes : The small prefix letter H in the serial number of this note is found in two varieties - fine or heavy.
In 1926, the colour of pound notes without the TS Harrison imprint was modified slightly from bright to a darker green.
Valuation : r23b – Mc38 # Miller/Collins One Pound Banknotes
| Grading | VG | Fine | VF | EF | aUNC | CFU |
| 1998 | 200 | 400 | 800 | 1,500 | 3,000 | 6,000 |
| 2003 | 300 | 600 | 1,250 | 3,000 | 7,500 | 12,000 |
| 2008 | 600 | 1,250 | 2,500 | 9,000 | 20,000 | 36,000 |
| 2009 | | [$1,107] | | | | |
Lot 583 at the International Auction Galleries Auction 74 held on 2nd June, 2011
was a pair of r23b banknotes - graded UNC - which realised a price of $87,375.
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