r28 – Mc44 # 1933 Riddle/Sheehan One Pound Banknotes

r28 1933 Riddle/Sheehan One Pound Banknotes
r28 1933 Riddle/Sheehan One Pound Banknotes

Obverse Coat of Arms & George V
Reverse Pastoral Scene – Tending Sheep
Signatories E. C. Riddle, Governor, Commonwealth Bank of Australia
H. J. Sheehan, Secretary to the Treasury
Size 154.94mm [width] 81.28mm [height]
Composition Paper – 77 gsm
Watermark Captain Cook in left oval
’ONE POUND’ behind each signature
Serial NumbersLetters L, M or N over numerals
L/0 000001 to N/71 372000

Notes : By introducing a ’legal tender’ status for issued banknotes, there was no longer a need for them to be redeemable in gold. The opportunity was taken with this change to reduce the size of the note to a more manageable size. Other innovations were the addition of an oval displaying the watermark profile of the Prince of Wales (later to become famous as the King who abdicated - Edward VIII) , and another watermark – ONE POUND – behind each signature.

Valuation : r28 – Mc44 # Riddle/Sheehan One Pound Banknotes

 VGFineVFEFaUNCCFU
1998 25 50100 250500750
2003 50 100250 50010002000
2008 150 300700 200035005500
Auction Prices
2012 [74] 116[66] 275[271] 440[326] 874[765] 11073250
2013  [113] 203 [275] 5361431 
2014 61101[113] 183[112] 529[1014] 1200 
First serial prefix L/0 # r28F – Mc44a
r28F First Serial Prefix 1933 Riddle/Sheehan One Pound Banknotes
Auction Prices
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2012       
Last serial prefix – N/71 # r28L – Mc44b
r28L Last Serial Prefix 1933 Riddle/Sheehan One Pound Banknotes
Auction Prices
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2012       

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