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r9 – Mc17 # 1933 Riddle/Sheehan Ten Shilling Banknotes
(Reduced Size)


r9 1933 Riddle/Sheehan Ten Shilling Note with Reduced Size


Obverse George V
Reverse Manufactures
Signatories E. C. Riddle, Governor, Commonwealth Bank of Australia
H. J. Sheehan, Secretary to the Treasury
Size154.94mm [width], 81.28mm [height]
CompositionPaper – 77 gsm
WatermarkPrince of Wales (later King Edward VIII) in left oval
’HALF’ behind each signature
Mintage21,000,000
Serial
Numbers
Prefix C over numeral
C/0 000001 to C/20 1000000


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 in which the watermark profile of the Prince of Wales was displayed, and another watermark - HALF - behind each signature.

Approximately 21,000,000 of the 1933 reduced size ten shilling note were printed. Variations in the colour of notes of this type occur, from a light brown to a darker chocolate. There are also variations in the background red and green colours.


Valuation : r9 – Mc17 # Riddle/Sheehan Ten Shilling Banknotes

GradingVGFineVFEFaUNCCFU
1998 300600 1,2503,0004,5006,500
2003 5001,000 2,0005,00010,00015,000
2008 1,100 2,500 5,00012,00024,00040,000
2009  [$5,750]   




Lot 140 at the International Auction Galleries Auction 70 held on 13th September, 2009 was a trio of r9 banknotes - graded UNC - which realised a price of $123,490




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