1927 Ten Pound Riddle/Heathershaw R55 PCGS VF30
Front: Australian Coat of Arms and portrait of King George V facing left
Back Design: Harvest Scene
Period on Issue: October 24th 1927 ~ November 1933
This historic ten pound note survived the Great Depression and WWII.
Most collectors working towards a complete type set of pre-decimal notes start at the easiest end and work back – from the more readily available Queen Elizabeth (QEII) notes from the 1960s to those issued before World War I.
The first really tough note these collectors come across is the Gold Bearing Ten Pound of the 1920’s – all of the QEII notes, King George VI notes and smaller denominations in the Gold Bearing series may be sourced with patience, while the total number of ten pound notes from the Treasury and Gold-Bearing series is so small that some collectors will take them in any condition they can get.
Reserve Bank of Australia records indicates that by October 23rd 1945, just 5,000 Treasury and Gold-Bearing Ten Pound notes were still outstanding. (More information on this may be gained from page 204 of Mick Vort Ronald’s definitive work “Australian Banknotes”.)
No wonder collectors find them so difficult to obtain over half a century later!
The first thing a collector notices when they handle a Gold Bearing Ten Pound note is the light texture of the paper.
They were printed on paper with a 1,500 MDF rating – KGVI notes had a 2,500 MDF rating, while our decimal notes had a 3,150 MDF rating.
These technical figures clearly show that the Gold Bearing notes were half as strong as our decimal notes.
When we consider that most decimal notes lasted for less than 2 years, we understand why there are so few Gold Bearing notes around today in high grade.
The example we offer here has solid body, decent colour for the grade and only a minor amount of folding evident through the body of the note.
Just how such a high-value note (it was equivalent to more than 2 weeks average wages back when it was issued) survived the Great Depression in such superb quality is an absolute marvel.
Click the PCGS icon below to verify the certificate details for this note directly on the PCGS website.
PCGS Certificate Number: 43703141
Standard Shipping - $9.00
Signature is required on delivery
Express Shipping - $15.00
Signature is required on delivery
Free pick-up from store - $0.00
You're welcome to collect your order from our office (Shop 22; 27-35 William Street; Fremantle; 6160) during normal office hours. Please make sure to check we're open before you head on in!
We unconditionally guarantee the authenticity, title and grade of every item we sell. The tax invoices we supply ensure that you have these guarantees in writing.
Please review our Website Terms and Conditions for a complete explanation of the guarantees we provide.
All items ship within 24 hours of confirmed payment being received.
Please review our Website Terms and Conditions for a complete explanation of our availability guarantee.
All orders are delivered via trackable and insured mail at a flat rate of $9 for orders within Australia, and $25 internationally.
Australia Post Parcel Post within Australia can take up to 1 week to arrive, while EMS / ECI international mail can take up to 3 weeks.
Urgent orders can be sent via Australia Post Express Mail at special request.
Please review our Website Terms and Conditions for a complete explanation of our delivery guarantee.
Be The First To Review This Product!
Help other Sterling & Currency users shop smarter by writing reviews for products you have purchased.