| 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 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
Lot 179 at the International Auction Galleries Auction 72 held on 5th September, 2010
was a pair of r29 banknotes - graded UNC - which realised a price of $5,592
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