Australian Commonwealth 10 Shillings Sheehan/McFarlane

Hey guys. Can you tell me the date and approximate worth of this note?

I believe it to be a 10 shilling Australian commonwealth note with Sheehan/McFarlane signatures. Thanks!

 

Log in or Sign up to hide this ad.

Here's two of mine. Both are from 1942 and I paid $5 for one and $10 for the other. Yours might be a bit later, probably post war. The signatures are a different color? Here's a link to one like yours
http://www.ebay.com/itm/1942-Austra...581202?hash=item463e847e52:g:9j0AAOSwu4BVs5hD
I don't know enough about these to be much help. Higher grade so it would probably be worth more.

 

I should have included the following information that I had found, in my first post.

I've narrowed the date down to at least 1939. This Wikipedia article has a gap between 1940 and 1941. I don't know if the bill was still issued during that time frame, but the article seems to imply that my note could potentially be 1940 or 1941.

https://en.wikipedia.org/wiki/Australian_ten-shilling_note#Signature_combinations

In addition, I found a page that lists some values for the notes. I'm seeing values of $285 to $1,995 depending on condition. I'm not sure how these values were determined on this website, other than it appears to be their catalog values.

http://www.aussiecoins.com/predecimalbanknotes.html


Values appear to be all over the place on Ebay. I'm guessing there is a market for these notes, albeit potentially small? http://www.ebay.com/sch/i.html?_from=R40&_trksid=m570.l1313&_nkw=australian+10+shilling+sheehan+mcfarlane&_sacat=0

If there are any experts in this type of note, I'd love to hear your thoughts and opinions regarding the accuracy of the values, and narrowing in on the exact year of print.

Thank you to @rooman9 for your information!

 

With the printing year my guess is they dated them all 1939 even if they were printed in another year. Sorta like the US does, the date only changes when they add a security feature or something. So it could have been printed in 1940 or 41 and just have the different date.
And I know the F+the number is key in telling when it was printed.

 

Collecting and researching never ceases to educate me. Having done some further research, I have located the following:

http://www.pmgnotes.com/priceguide/...deid=235&subcat=1938-40 Issue&fromsearch=true

I have learned something new; the "Pick number". The Pick number for my note is 25a. As @rooman9 speculated, it was printed in years other than 1939. In this case, years 1938-1940.

One final question: How would you note experts grade this? I've tried myself using some reference material, but have only been able to narrow it to a range of VF30 to AU53. There are 2 corner folds, and one prominent vertical fold. I would describe the note as clean, still somewhat crisp, but having some wrinkles.

 

Australian notes sell for more in Australia. One reason why ebay prices are very variable, apart from the quality of the pictures and descriptions, which are frequently really poor, the notes may have been offered by sellers who do not ship to Australia. World coin and banknote sellers who do not ship worldwide are generally going to get lower prices for their wares.

On the bright side, ten shilling notes are rarer than pound notes, and so more valuable. The OP's photograph is too murky to do more than guess at the grade. A well lit picture with some more lifelike contrast would help, but it looks to be Fine.

 

That's why I love picking up some deals I've gotten a few nicer coins for much cheaper just because they were in the U.S.