| Obverse |
Coat of Arms & George VI |
| Reverse |
Pastoral Scene – Tending Sheep |
| Signatories |
H.J. Sheehan, Governor, Commonwealth Bank of Australia
S.G. McFarlane, 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 |
| Mintage | 205,036,000 |
Serial
Numbers |
Prefix letters N, O or P over numeral
N / 71 372001 to P / 76 408000 |
Notes : Introduced following the death of King George V, the design of the King George VI one pound note remained
unchanged throughout his reign, with only the signatories being modified. The first signature combination - Sheehan/McFarlane - was
printed in green, while the remaining combinations until 1953 were printed in black.
For the first time, the letter 'O' was used as a serial number prefix on this note. Approximately 683,956,000 one pound notes
were produced between 1938 and 1953 when a new design with Queen Elizabeth on the front and Sturt/Hume on the back was introduced.
Valuation : r29 – Mc45 # Sheehan/McFarlane One Pound Banknotes
| Grading | VG | Fine | VF | EF | aUNC | CFU |
| 1998 | 10 | 20 | 50 | 150 | 300 | 500 |
| 2003 | 20 | 45 | 100 | 300 | 500 | 1,000 |
| 2008 | 60 | 130 | 300 | 750 | 1,250 | 2,250 |
| 2009 | | | | | | [$1,864] |
Lot 162 at the International Auction Galleries Auction 68 held on 21st September, 2008
was a trio of R29 banknotes - graded UNC -which realised a price of $7,106
Lot 1221 at the Roxburys Auction House Sale 72 held on 4th October, 2008
was a consecutive pair of R29 notes - graded UNC - which realised a price of $4,465.
Lot 724 at the Roxburys Auction House Sale 73 held on 7th February, 2009
was a consecutive trio of R29 notes - graded UNC - which realised a price of $7,050.
Lot 167 at the International Auction Galleries Auction 71 held on 14th March, 2010
was a pair of r29 banknotes - graded UNC - which realised a price of $4194
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