Australian Pre -Decimal Banknote Ten Shillings C/30 761 394

Bank Note Description: Australian Pre-Decimal Banknote.
Source: Renniks 31st edition 2023.
Renniks Number: RO9.
Denomination: Ten Shillings.
Signatures: Riddle Sheehan
Circa:1933
Grade: Very Fine. This banknote has full tactile features, full colour, Square edges, no pinholes or damage of any kind. The watermark of Edward V111 clearly visible, an incredible mistake in the forward planning of banknote production, now so very rare.
Serial Number: C/30 761 394. with red overprint, very rare.
R/R. $3250.00.
Sale Price.$2,250.00.
Newspapers at the time describe the enthusiastic reception the ten -shilling note received:” Many people who were anxious to see the new design changed other notes into 10/-ones. One of the first acts of most of the recipients of the new notes was to hold up to the light to look through the oval space or “window” as it is termed, to see the watermark profile of the Prince of Wales.
The new notes were short lived however, a revised design(the R10, featuring a red overprint) was introduced from April 1934, to more explicitly indicate that the note had Ten Shillings in value.
as the Ten Shilling note was the most heavily circulated note in the pre-decimal series, the survival rate of short lived notes such as the R9 are extremely low in grades of Very Fine(VF) or better