Sorry! This 1927 One Pound Kell/Heathershaw R25 PCGS Choice Unc 64 has sold.
1927 One Pound Kell/Heathershaw R25 PCGS Choice Unc 64
This is a truly premium example of a rare KGV one pound variety.
| We Last Sold This Item For: | $11,000.00 |
|---|---|
| Last Sold On: | 4/1/2025 |
| # Sold In Past 12 Months: | 1 |
Recent Sales in this Category
1927 One Pound Kell/Heathershaw R25 PCGS Choice Unc 64
Front: National crest at left, portrait of George V at right, denomination and centre and in corners
Back: Captain Cook's landing at centre, denomination either side
Period on Issue: February 7th 1927 to January 1928
Provenance:
Lot #2869, Noble Numismatics Auction 34 (November 1990). Estimate: $500, Hammer: $700, Nett: $700.
This is a truly premium example of a rare KGV one pound variety.
James Kell began his tenure as Governor of the Commonwealth Bank on October 10th 1924, and retired on May 31st 1927.
James Heathershaw began his tenure as Secretary to the Commonwealth Treasury from August 3rd 1926, and retired on April 28th 1932.
The one pound notes bearing both of these signatures were on issue for less than 12 months, from February 1927 to January 1928.
When the Commonwealth announced the release of the new notes to the public, they stated that: "The 1 pound notes will be issued with a new style of numbers. The serial letters and prefix numbers on these notes are increased in size, and are the same size as the other numbers on the notes. Apart from these changes the notes will be similar in all respects to the present issue of 1 pound notes."
When this particular note was offered for sale via auction in November 1990, it was described by the auctioneer at that time as being in about Unc condition. The catalogue value for an R25 1 pound note at that time was $1,000 in Uncirculated condition, and $500 in Extremely Fine condition. The hammer price of $700 indicates that there was competition for the note, and that it made a price well above that accepted for an Extremely Fine.
When I viewed this note for the first time, I noticed that the note had been pressed, and that there was a partial bend on one side of the note. No other flicks, folds or creases were evident at all. The partial bend for mine was not enough to preclude it completely from an Uncirculated grade - the designation that PCGS have given this note demonstrates that conclusion was correct.
It may well be the only Uncirculated example of this note to appear for sale at auction for at least the past 5 years, if not longer.
It is a truly premium example of one of Australia's early one pound banknote varieties.
Click the PCGS icon below to verify the certificate details for this note directly on the PCGS website.
PCGS Certificate Number: 42520597
SKU: 2683
Browse our catalog of One Pound below:
Related Articles
More From This Category
I've taken my coins to Andrew a few times. Him and his staff are very nice people. Andrew is honest and down to earth. 👍
I have purchased several bulk lots of world coins from Sterling & Currency over the last few years. Read more...
I live on East Coast but prefer dealing with Andrew on the West due to his integrity, knowledge and prices, Read more...
Just purchased a 1966 blue case decimal mint set. Andrew gave me a ring to ensure it had arrived and provided Read more...
.jpg)
About the Sterling & Currency Team
The team at Sterling & Currency is a family affair – small but growing. Andrew Crellin is the main dealer in the business, click here to read this credentials and how he started with the Perth Mint; spent a decade in Sydney working with two leading dealers and relocated back to Perth in 2006.
Jo is our budding Numismatist, Chief Event officer, Photographer and Packing Extraordinaire. Natalie is our media creator and photographer. Nicole manages the accounts and is part of the Packing Team. A myriad of important duties are carried out by the team that include photography, website updates, office admin, and chocolate eating.
Ruby the Ridgeback quite frankly has learned nothing about coins, however contributes by barking at anyone wearing hi-viz.
We're Always Buying!
We need to buy tens of thousands of dollars worth of coins and notes each and every week of the year.
If you'd like to turn all or part of your collection into cash, get in touch with our expert staff and we'll be happy to start working on a deal with you.
Australian Gold Coins
We have extensive experience in handling all Australian gold soveriegns and halves, from the Adelaide Pounds of 1852 right through to the last coins of George V of 1931. All of the Australian gold coins in our online shop are described in detail with high resolution images.
Coins
At Sterling & Currency, we specialize in handling Australian coins dating from our nation's settlement in 1788 through to the introduction of decimal currency in 1966. We have an extensive range in our online store of Australian gold, copper and silver coins.
Decimal Coins
The Australian proof and UNC coins struck by the Perth Mint and the Royal Australian Mint are the most accessible coins available to collectors today. If you're not able to find a particular coin that you're keen to add to your collection, let us know and we'll be contact you when it becomes available.