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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
2011     55,000




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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