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Centenary of Banknotes


To celebrate a century since the introduction of Banknotes into Australia the Royal Australian Mint produced an uncirculated three coin set. This set consisted of two twenty cent pieces and one fifty cent piece. The designs were completed by A. Baggio and were based on the original Australian ten shilling, one pound, and five pound notes.

During the late 19th century bank notes backed by gold were issued by commercialbanks around Australia.(Reserve Bank of Australia, 2017) After federation an act of parliament gave the Commonwealth Treasury absolute responsibilityfor issuing bank notes and removed legal tender status from commerciallyissued notes. The first governmentissued banknote, a ten shilling note, was created on the first of May 1913. Over the coming years a number of denomination notes were created - including One, Five, Ten, Twenty, Fifty and One Hundred Pound notes. Banknotes of the Australian Pound continued to be issued until the introduction of Decimal Currency in 1967.

Reserve Bank of Australia, 2017

Ten Shilling2013Five Pound2013
  MintageAU50AU55AU58MS64MS65MS66MS67MS68MS69Centenary of Banknotes Five Pound2013 10,95225272830313142200900Centenary of Banknotes Ten Shilling2013 10,952262829313132384951Values are in AUD and are retail price estimations based on past sales of coins certified by PCGS or NGC and as such values only related to such graded coins. Uncertified coins or coins graded by other services would likely be worth significantly less. For wholesale pricing please refer to the Red Sheet. While all attempts to ensure accurate pricing, data entry errors can occur and as such no warranty is expressed or implied as to the accuracy of any information published on this website. It is important to verify all published sales to ensure the accuracy of the pricing when making any purchase decision. Any personal information provided to us is protected by the Privacy Act 1988.