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Printed in brown on white paper, the obverse centres on an oval intaglio portrait vignette of King George V in military uniform, flanked by two-line text panels stating the legal tender clause. The heading COMMONWEALTH OF AUSTRALIA arches across the top with denomination numerals £100 at upper left and upper right corners, while the lower margin carries the legend ONE HUNDRED POUNDS in bold letterpress. Two CANCELLED overprints appear symmetrically to the left and right of the portrait, and the Commonwealth of Australia coat of arms is positioned at lower right; a blank oval serial number panel occupies the lower left. |
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Printed in brown, the reverse is dominated by a large central relief-style vignette enclosed in a rectangular frame, rendered in fine intaglio engraving and depicting a pastoral pastoral scene with figures engaged in sheep-shearing or rural labour alongside livestock. The central panel is flanked by elaborate guilloche scrollwork and foliate ornaments, with denomination numerals 100 POUNDS repeated at upper left and upper right within decorative cartouches. |
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The Commonwealth Bank's £100 was among the highest denomination notes in Australian circulation, and its practical reach was deliberately narrow — equivalent to roughly three months' wages for an average worker in 1934, these moved between banks and major businesses rather than through retail hands. The Riddle-Sheehan signature combination places this within a specific administrative window: Richard Riddle served as Governor from 1927 to 1938, while H.T. Sheehan signed as Secretary.
Genuine circulated examples are genuinely difficult to locate. High-denomination notes were tracked closely, often redeemed promptly, and survive at far lower rates than their lower-denomination counterparts from the same series.