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5 Shillings - George VI

Issuer Commonwealth of Australia
Year 1946
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Composition Cotton paper
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Obverse description Brown intaglio print on plain paper. Central vignette of King George VI flanked by the denomination in fractional notation to the right and legal tender text to the left, with guilloche underprint framing the composition.
Obverse lettering 1/4 1/4
COMMONWEALTH OF AUSTRALIA
LEGAL TENDER FOR
Five Shillings
IN THE COMMONWEALTH AND IN ALL
TERRITORIES UNDER THE CONTROL
OF THE COMMONWEALTH
5/-
1/4 FIVE SHILLINGS 1/4
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Comments

Australia's treasury note series under George VI continued the pattern established before the war, but the 1946 date places this particular issue in an interesting transitional moment — the Commonwealth Bank held statutory authority over note issue, and postwar demand meant printing volumes were sustained well into 1946 before the currency structure began shifting toward decimalization discussions in earnest.

T. S. Harrison's Melbourne facility had handled Australian note production since the First World War, giving the Commonwealth full domestic control over its currency printing at a time when most comparable nations still relied on London or European contractors. Pick 24 is the last of the wartime-adjacent five shilling issues before the series was eventually wound down ahead of the long road to decimal currency in 1966.

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