r45 – Mc67 # 1939 Sheehan/McFarlane Five Pound Banknotes

1939 Sheehan/McFarlane Five Pound Banknote

Obverse George V & Coat of Arms
Reverse Commerce Scene
Signatories H. J. Sheehan, Governor, Commonwealth Bank of Australia
S. G. McFarlane, Secretary to the Treasury
Size 180.34mm [width] 78.74mm [height]
Composition Paper – 77 gsm
Watermark Captain Cook in centre oval
’FIVE’ behind each signature
Serial Numbers Prefix letter R over numeral
R/20 338001 to R/34 081000

Notes :
It was three years after the death of King George V before the design on the front of the five pound note was modified. George VI’s portrait replaced that of the George V and the watermark was changed to Captain James Cook. The design of the note remained unchanged throughout his reign, with only the signatories being modified. The first signature combination – Sheehan/McFarlane – was printed in blue, while the remaining combinations until 1954 were printed in black.

Approximately 136,956,000 five pound notes were produced between 1939 and 1954 when a new design with Sir John Franklin on the front and a primary industry mural on the back was introduced.

Auction Prices
VG Fine VF EF aUNC CFU
2013 [135]1,096
2014 62 450 9,600 [pair]
2015 [72]95 155 280 510 [720]755
2016 44 [55]190 [93]205 [162]409 [207]521
2017 79 [89]105 [181]495* 174
2018 [40]65 [159]208 57 900
2019 347

* PCGS graded as VF35

First serial prefix R/20 # r45F – Mc67a
Auction Prices
VG Fine VF EF aUNC CFU
2014
2015
2016
2017
2018
2019
Last serial prefix R/34 # r45L – Mc67b
Auction Prices
VG Fine VF EF aUNC CFU
2014
2015
2016
2017
2018
2019

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updated: 24/01/2019