1954-60 Coombs/Wilson Five Pound Note - Commonwealth Bank
Obverse:Sir John Franklin.
Reverse:Aboriginal artifacts & primary produce.
Signatories:H. C. Coombs, Governor, Commonwealth Bank of Australia
Roland Wilson, Secretary to the Treasury.
Size:167.64mm (width), 78.74mm (height).
Composition:Paper - 83 gsm.
'FIVE' behind each signature.
Watermark:Captain Cook in centre oval.
'FIVE' behind each signature.
Mintage:141,120,000
Serial
Numbers:		TA or TB over numeral
TA/00 000001 to TB/41 120000

Valuation :
1954-60 Coombs/Wilson Five Pound Note - Commonwealth Bank

Very
Good		FineVery
Fine		Extra
Fine		Almost
Uncirc.		Crisp Flat
Uncirc.
2002182545125235425

Notes:

The death of King George VI belatedly led to the introduction of new designs for the five pound note. Arctic explorer, Sir John Franklin features on the front of the new note and a mural celebrating the produce of Australia's Primary Industry surrounding a central motif of Aboriginal artefacts appears on the back.

Approximately 309,519,000 five pound notes were produced between 1954 and 1966 with the only changes being in signatory H. C. Coombs' title when responsibility for issuing notes was transferred from the Commonwealth Bank to the Reserve Bank of Australia.

Banknotes with a serial number of one million (1000000) command a significant premium. Banknote numbering machines had only six printing wheels. When the seventh digit was required to complete each series, the serial number was printed on a hand press. The practice was continued with decimalisation until 1971.

 

Valuation :
1954-60 Coombs/Wilson Five Pound Note - Commonwealth Bank
1000000 Serial Number

Very
Good		FineVery
Fine		Extra
Fine		Almost
Uncirc.		Crisp Flat
Uncirc.
19985001,0001,5003,2505,0006,750

Collectors are willing to pay a large premium for the first serial prefix (TA / 00) of Coombes/Wilson Five Pounds notes.

 

Valuation :
1954-60 Coombs/Wilson Five Pounds Note - Commonwealth Bank
First Serial Prefix TA / 00

Very
Good		FineVery
Fine		Extra
Fine		Almost
Uncirc.		Crisp Flat
Uncirc.
1999601152505008501,200

Specimen notes, issued to officials and banks for training and documentation purposes, also command a premium.

 

Valuation :
1954-60 Coombs/Wilson Five Pound Specimen Note - Commonwealth Bank

Very
Good		FineVery
Fine		Extra
Fine		Almost
Uncirc.		Crisp Flat
Uncirc.
19881,250

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