1933-38 Riddle/Sheehan Five Pound Note - Pink Face


Obverse:George V & Coat of Arms.
Reverse:Commerce Scene
Signatories:E. C. Riddle, Governor, Commonwealth Bank of Australia
H. J. Sheehan, Secretary to the Treasury.
Size:180.34mm (width), 78.74mm (height).
Composition:Paper - 77 gsm.
Watermark:Head of Edward, Prince of Wales in centre oval.
'FIVE' behind each signature.
Mintage:Approximately 11,000,000
Serial
Numbers:
R above numeral
R/0 000001 to approximately R/11.

Valuation :
1933 Riddle/Sheehan Five Pound Note - Pink Face

Very
Good
FineVery
Fine
Extra
Fine
Almost
Uncirc.
Crisp Flat
Uncirc.
20023256001,1004,2507,50012,000

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 modify the designs to show King George V on the front and a bas-relief panel on the back depicting 'Commerce'. Other innovations were the addition of a circle in the lower center displaying the watermark profile of the Prince of Wales (later to become famous as the King who abdicated - Edward VIII).

Approximately 20,338,000 five pound notes were printed between 1933 and 1939 featuring the Riddle/Sheehan signature combination. Cross-hatching with red and green ink on approximately half of the notes produced a 'pink' effect on the King's face. On the remainder, lack of cross-hatching left the King's face white.


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