One pound 1933 to 1938 - Price guide and values
By introducing a 'legal tender' status for issued banknotes, there was no longer a need for them to be redeemable in gold. The opportunity was taken with this change to reduce the size of the note to a more manageable size. Other innovations were the addition of an oval displaying the watermark profile of the Prince of Wales (later to become famous as the King who abdicated - Edward VIII) , and another watermark - ONE POUND - behind each signature.
Approximately 271,372,000 of the 1933 reduced size one pound note were printed.
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.
Riddle-Sheehan
- Circulated
- Uncirculated
| Varieties | AG-3 | G-4 | VG-8 | F-12 | VF-20 | EF-40 | AU-50 |
|---|---|---|---|---|---|---|---|
| Prefixes L1 to N70 | - | - | $90.00 | $158 | $282 | $650 |
$1,040 |
| Prefix L0 | - | - | $155 | $281 | $698 | $1,260 | $1,750 |
| Prefix N71 | - | - | $176 | $338 | $808 | $1,510 | $2,130 |
| Varieties | UNC-60 | UNC-62 | CUNC-63 | CUNC-64 | GUNC-65 | GUNC-66 | GUNC-67 |
|---|---|---|---|---|---|---|---|
| Prefixes L1 to N70 | $1,810 | $2,180 | $2,380 | $2,840 | $4,500 | - | - |
| Prefix L0 | $2,500 | $3,000 | $3,250 | $4,880 | $6,500 | - | - |
| Prefix N71 | $3,000 | $3,580 | $3,880 | $5,700 | $7,500 | - | - |
Average prices of certified One pound 1933 to 1938 Riddle-Sheehan sold at auctions
Last update : Wednesday, June 4, 2025
