1927-31 Riddle/Heathershaw Five Pound Note (Note Issue Department)


Obverse:Coat of Arms.
Reverse:Hawkesbury River, N.S.W.
Signatories:E. C. Riddle, Chairman of Directors, Note Issue Department
Commonwealth Bank of Australia
J. Heathershaw, Secretary to the Treasury.
Size:180.34mm (width), 78.74mm (height).
Composition:Paper 75 gsm.
Watermark:Light basketweave around edges and '£5' (twice) in centre.
Dark 'Commonwealth' above and 'Australia' below centre.
Mintage:Approximately 1,000,000
Serial
Numbers:
Note Issue Department
Prefix Q/11 290001 to approximately Q/12.
Commonwealth Bank - separate entry

Valuation :
1927-31 Riddle/Heathershaw Five Pound Note (Note Issue Department)

Very
Good
FineVery
Fine
Extra
Fine
Almost
Uncirc.
Crisp Flat
Uncirc.
200210,00017,50031,00052,50075,00092,500

Notes:

The first Riddle/Heathershaw five pound notes were mistakenly printed with the former title of Chairman of Directors, Note Issue Department instead of Governor, Commonwealth Bank. The mistake was quickly rectified resulting in this rare issue. The serial numbers used for the Note Issue Department type were within the range used for the Commonwealth Bank type, however, prefixes of only Q/11 or Q/12 occur.

Approximately 17,402,000 five pound notes were printed between 1927 and 1933 with E. C. Riddle's signature under both the mistaken title and then the correct one.


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