Five pounds 1954 to 1966 - Price guide and values
The death of King George VI belatedly led to the introduction of new designs for the five pound note. Arctic explorer, Sir John Franklin features on the front of the new note and a mural celebrating the produce of Australia's Primary Industry surrounding a central motif of Aboriginal artefacts appears on the back.
Approximately 309,519,000 five pound notes were produced between 1954 and 1966 with the only changes being in signatory H. C. Coombs' title when responsibility for issuing notes was transferred from the Commonwealth Bank to the Reserve Bank of Australia.
Banknotes with a serial number of one million (1000000) command a significant premium. Banknote numbering machines had only six printing wheels. When the seventh digit was required to complete each series, the serial number was printed on a hand press. The practice was continued with decimalisation until 1971.
Ex NPA 25th Anniv. of Decimal Currency.
You can see the list of signatures on australian banknotes. To help you to know the meaning of grades such as G, VG, F, VF, EF, AU, UNC, etc., you can jump to the grading section. View the average prices of certified banknotes sold at auctions.
Coombs-Wilson
- Circulated
- Uncirculated
| Varieties | AG-3 | G-4 | VG-8 | F-12 | VF-20 | EF-40 | AU-50 |
|---|---|---|---|---|---|---|---|
| Prefixes TA01 to TB40 - Commonwealth | - | - | $22.50 | $38.30 | $90.00 | $161 |
$238 |
| Prefix TA00 - Commonwealth | - | - | $117 | $284 | $630 | $1,080 | $1,450 |
| Prefix TB41 - Commonwealth | - | - | $209 | $360 | $810 | $1,390 | $1,880 |
| Prefixes TB42 to TD08 - Reserve | - | - | $20.30 | $36.00 | $87.80 | $162 | $206 |
| Prefix TB41 - Reserve | - | - | $140 | $293 | $698 | $1,150 | $1,530 |
| Prefix TD09 - Reserve | - | - | $113 | $252 | $540 | $913 | $1,230 |
| Prefixes TC11* and TC12* - Reserve | - | - | $765 | $1,690 | $3,380 | $10,400 | $17,000 |
| Prefixes TC10* - Reserve | - | - | $968 | $2,070 | $3,710 | $11,700 | $19,300 |
| Prefixes TC13* - Reserve | - | - | $1,060 | $2,360 | $4,280 | $9,800 | $21,000 |
| Prefix TD10 - Reserve | - | - | - | - | - | - | - |
| Varieties | UNC-60 | UNC-62 | CUNC-63 | CUNC-64 | GUNC-65 | GUNC-66 | GUNC-67 |
|---|---|---|---|---|---|---|---|
| Prefixes TA01 to TB40 - Commonwealth | $363 | $437 | $475 | $616 | $825 | $856 | - |
| Prefix TA00 - Commonwealth | $2,040 | $2,430 | $2,630 | $3,440 | $4,250 | - | - |
| Prefix TB41 - Commonwealth | $2,800 | $3,410 | $3,730 | $4,610 | $5,500 | - | - |
| Prefixes TB42 to TD08 - Reserve | $333 | $394 | $425 | $515 |
$853 | - | - |
| Prefix TB41 - Reserve | $2,080 | $2,440 | $2,630 | $3,510 | $4,400 | - | - |
| Prefix TD09 - Reserve | $1,550 | $1,760 | $1,880 | $2,690 | $3,500 | - | - |
| Prefixes TC11* and TC12* - Reserve | $27,300 | $34,000 | $37,500 | $49,400 | $61,300 | - | - |
| Prefixes TC10* - Reserve | $28,900 | $35,200 | $38,500 | $48,000 | $57,500 | - | - |
| Prefixes TC13* - Reserve | $31,100 | $37,800 | $41,300 | $53,800 | $66,300 | - | - |
| Prefix TD10 - Reserve | - | - | - | $800 | - | - | - |
Average prices of certified Five pounds 1954 to 1966 Coombs-Wilson sold at auctions
Varieties and details
Commonwealth Bank
Reserve Bank
Star (*)
It refers to the star (pre-decimal) or asterix (decimal) that can be found at the end of the serial number to indicates replacement notes.
You can find known star notes in the registry.
Last update : Monday, June 16, 2025
