Auction: 23009 - World Banknotes
(x) Commonwealth of Australia, [Top Pop] £10, ND (1934-39), serial number V/1 458394, The £10 note from 1933-36 issues,
Shortly after the onset of the Great Depression in 1933, Australian currency underwent a significant change. It was no longer possible to exchange Australian currency for gold at the previously established rate, which had been one gold sovereign equivalent to one pound sterling.
Subsequently a new series of legal tender notes was designed.
This exquisite 10 pound banknote represents the most valuable and pivotal note from the series issued between 1933 and 1936. The front of the note bearing a portrait of King George V in uniform facing forward, the back of the note feature artwork by Frank Manley based on artist Paul Raphael Mountford´s bas-relief panels representing agricultural scenes. This note was printed by John Ash, who succeeded Thomas Harrison as Australian note printer in 1927.
This note shares the honour of the finest graded at PMG, sharing the highest about uncirculated grade with only one other note.
Showcasing remarkable embossing and vibrant ink, its exceptional condition makes it highly sought-after, particularly by advanced collectors of World, Commonwealth and Australian currency. Truly exceptional
(Pick 24, BNB 128, R 57), in PMG holder 58 Choice About Uncirculated
Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyer’s Premium.
£3,500 to £4,000