Australian Pre-Decimal Ten Shilling Banknotes
Australian 10 shilling notes were issued from 1913 up until they were replaced in 1966. Some notes can be particularly valuable with the right serial numbers or if in mint condition, reaching up to $4700 for the rarest notes. Other notes from 1913 which were exclusively made for government officials have fetched up to $825,000 in an auction in 2014.
Ten shilling notes are a popular field for collectors of pre-decimal notes, with many trying to put together a complete set of each note.
The elaborate and dignified images employed on Australia’s Commonwealth paper currency carry with them an air of exclusivity not captured by our nation’s coinage from the same period.
Due to the extended period over which they were issued, there are several tiers of demand to the collector market for pre-decimal notes. Most collectors begin collecting cheaper notes from the Elizabeth II era, and aspire to own rarer and more historic notes from earlier periods as they build experience and confidence in the market.