r58 – Mc81 # 1940 Sheehan/McFarlane Ten Pound Banknotes

1940 Sheehan/McFarlane Ten Pound Banknote

Obverse	George VI
Reverse	Agriculture 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 – 75 gsm
Watermark	Head of Captain Cook in right oval ’TEN POUNDS’ behind each signature
Serial Numbers	Prefix of V over numeral V/3 076001 to V/5 189000

Notes :
It was four years after the death of King George V before the design on the front of the ten 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 red, while the remaining combinations until 1954 were printed in black.

Approximately 21,924,000 ten pound notes were produced between 1940 and 1954 when a new design with Captain Arthur Phillip on the front and an industry and science theme on the back was introduced.

Auction Prices
	VG	Fine	VF	EF	aUNC	CFU
2013					5,247
2014				2,040
2015			898
2016	301
2017		266	[271]325	1,106
2018		257	[500]800	[2,050]2,177	[2,855]3,010
2019

First serial prefix V/3 # r58F – Mc81a

Auction Prices
	VG	Fine	VF	EF	aUNC	CFU
2013				[1,469]3,612	3,570
2014		595
2015
2016				818	[1,030]1,333
2017		[160]200	[222]326
2018	78	606		850
2019

Last circulation serial prefix V/5 # r58L – Mc81b

Auction Prices
	VG	Fine	VF	EF	aUNC	CFU
2014		300
2015		463
2016		688	[745]962
2017		[182]232	[608]1,400	560
2018	224	[103]191	[261]270
2019

  updated: 01/01/2019

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