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5 Pounds
| Issuer | Commonwealth of Australia |
|---|---|
| Year | 1913-1918 |
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| Reference(s) | P#5 |
| Obverse description | The Australian Commonwealth Coat of Arms, set within a circular medallion on a scrollwork cartouche, occupies the left field, flanked by guilloche ornament and corner numeral '5' devices. The central field carries the treasury promise text in copperplate script, with a crown vignette positioned between the two serial number panels at upper centre. A guilloche oval cartouche at lower centre bears the letterpress legend 'FIVE', above the facsimile signatures of the Assistant Secretary and Secretary to the Treasury. |
|---|---|
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| Variants | P#5a(1) - signatures: Collins & Allen serial # with suffix letter P#5a(2) - signatures: Collins & Allen serial # with prefix letter P#5b - signatures: Cerutty & Collins * serial # suffix V * error in catalog, listing Cerutty & Allen (this combination does not exist) P#5c - signatures: Cerutty & Collins * serial # prefix and suffix letter * error in catalog, listing Cerutty & Allen (this combination does not exist) |
| Comments |
Australia's first government-issued banknotes — this series among them — were introduced under the Australian Notes Act 1910, which abolished the existing system of private bank currencies and replaced it with a unified Commonwealth issue. The 5 Pounds was among the higher denominations from the outset, primarily a commercial and banking instrument rather than everyday currency.
Catalog references listing Cerutty & Allen signature combinations for this pick are erroneous. No such pairing existed; the correct signature is Cerutty & Collins. Collectors should verify serial configurations — suffix-V notes appear under the Cerutty & Collins pairing, not the misattributed one. The distinction matters when attributing rarity across the signature varieties.