r57 – Mc80 # 1934 Riddle/Sheehan Ten Pound Banknotes

1934 Riddle/Sheehan Ten Pound Banknote

Obverse	Coat of Arms & George V
Reverse	Carting Wheat, Narwonah, New South Wales, 1909
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 – 75 gsm
Watermark	Head of Captain Cook in right oval ’TEN POUNDS’ behind each signature
Serial Numbers	Prefix of V over numeral V/0 000001 to V/3 076000

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. A new portrait of King George V was relocated to the lower center on the front and a bas-relief panel depicting ’Agriculture’ appeared on the back. Other innovations were the addition of a circle in the lower right displaying the watermark profile of the Prince of Wales (later to become famous as the King who abdicated – Edward VIII) and watermark TEN POUNDS behind each signature.

The Coat of Arms which appears on the front was modified with this issue to more closely conform with the heraldic description given in the Arms Grant of 1912. The major changes were the inclusion of the ’bordure ermine’ and the Quartering of State Emblems on the shield is corrected.

Auction Prices
	VG	Fine	VF	EF	aUNC	CFU
2014		[620]1,500	1,864
2015		600		3,000
2016		[925]1,375	1,251	5,000
2017
2018		[492]686	2,208	2,755

First serial prefix V/0 # r57F – Mc80a

Auction Prices
	VG	Fine	VF	EF	aUNC	CFU
2013				[1,110]2,600
2014		595
2015
2016				868
2017
2018		[605]758
2019

Last circulation serial prefix V/3 # r57L – Mc80b

Auction Prices
	VG	Fine	VF	EF	aUNC	CFU
2014
2015
2016
2017
2018
2019

  updated: 01/01/2019

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