1936 Ten Shilling Riddle/Sheehan R11 good EF
1936 Ten Shilling Riddle/Sheehan R11 good EF
Front: Facing portrait of King George V at right
Back: Manufacturing scene at centre
Period on Issue: 1936 - 1939
Provenance:
Ex Spink Auctions Sale #26 (November 1988), Lot number 2205. Described as "UNC", with a hammer price of $350 against a $250 estimate.
This attractive KGV ten bob once sold via auction as Uncirculated condition.
The Great Depression of 1929 brought about the end of the gold standard in Australia - all notes became "Legal Tender", meaning they couldn't be redeemed in gold coin at the Commonwealth Bank (the equivalent of the Reserve Bank back then).
The ten-shilling was the first "legal tender""TEN SHILLINGS" in red ink in the top, left and right borders, and they were introduced on April 13th, 1934.
This still wasn't a big enough difference for some, so the intaglio colour was changed to vivid orange in March of 1936.
Not only was the mintage of this note extremely low, but they also had such high purchasing power that most people had to spend them - they are nearly all seen in fairly low grade.
This note has 2 teller flicks on the right hand side and a handling bend on the left hand edge - it does not have a centrefold.
SKU: 2376
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SKU | 2376 |
Shipping Weight | 0.0500kg |
Shipping Height | 0.001m |
Assembled Length | 0.140m |
Assembled Height | 0.001m |
Assembled Width | 0.215m |
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