| Banknote | 1936 George V £5 Riddle Sheehan R44b |
| Quality | Uncirculated |
| Rarity | One of two known |
| Provenance | Private sale 1981, Noble Auctions 2003 |
| Price | $ 58,000 |
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This banknote is distinguished as having set a new auction record in 2003 when it sold for $16,300 on a pre-auction estimate of $7500.
The superb state in which it was presented inspired spirited bidding. Original, crisp with vibrant colours, the market respected its supreme quality level.
And recognized that, in Uncirculated quality, it was excruciatingly rare. It is still to this day one of only two known.
Historically significant this note defined a new era in Australian currency as the first £5 banknote to depict the new ‘Legal Tender’ status of the nation’s paper currency.(With Australia’s departure from the gold standard, banknotes were no longer redeemable in gold.)
This is a memorable note and presents a great buying opportunity.