r29 – Mc45 # 1938 Sheehan/McFarlane One Pound Banknotes

1938 Sheehan/McFarlane One Pound Banknote

Obverse Coat of Arms & George VI
Reverse Pastoral Scene – Tending Sheep
Signatories H.J. Sheehan, Governor, Commonwealth Bank of Australia
S.G. McFarlane, Secretary to the Treasury
Size 154.94mm [width] 81.28mm [height]
Composition Paper – 77gsm
Watermark Captain Cook in left oval
ONE POUND’ behind each signature
Serial Numbers Letters N, O or P over numeral
N / 71 372001 to P / 76 408000

Notes :
Introduced following the death of King George V, the design of the King George VI one pound note remained unchanged throughout his reign, with only the signatories being modified. The first signature combination – Sheehan/McFarlane – was printed in green, while the remaining combinations until 1953 were printed in black.

For the first time, the letter ’O’ was used as a serial number prefix on this note.

Auction Prices
VG Fine VF EF aUNC CFU
2013 [189]300 700  [1928] 2214
2014 [41] 68 [195]313 [621] 987  [1657] 2185
2015 45 [272]406
2016  [15]51 [25] 55 138 [103]111  [170]232  490
2017 [25]33 35 [64]105 [86]365
2018 [42]52 [50]75 [82]200 [205]215
2019 [20]44 [50]56 [34]69 [71]165 [188]210

First serial prefix N/71 # r29F – Mc45a

Auction Prices
VG Fine VF EF aUNC CFU
2014
2015
2016
2017
2018
2019
Last serial prefix P/76 # r29L – Mc45b
Auction Prices
VG Fine VF EF aUNC CFU
2014
2015
2016 825
2017 400
2018 265
2019 320 375

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updated: 30/05/2019