Coins and Australia - One pound 1938-1953 - Australian banknotes price guide and values

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One pound 1938 to 1953 - Price guide and values

Introduced following the death of King George V, the design of the King George VI one pound note remained unchanged throughout his reign, with only the signatories being modified. The first signature combination - Sheehan/McFarlane - was printed in green, while the remaining combinations until 1953 were printed in black.

For the first time, the letter 'O' was used as a serial number prefix on this note. Approximately 683,956,000 one pound notes were produced between 1938 and 1953 when a new design with Queen Elizabeth on the front and Sturt/Hume on the back was introduced.

One pound 1938 to 1953 - Banknote of Australia

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.

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Coombs-Wilson

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes W73 to X54 - - €14.90 €29.80 €61.00 €117 €166
Prefix W72 - - €59.70 €126 €217 €414 €588
Prefix X55 - - €84.10 €164 €285 €542 €768
Prefixes W3* to W5* - - €515 €1,020 €2,710 €5,700 €8,300
Prefix W2* - - €542 €1,210 €3,120 €6,500 €9,500
Prefix W6* - - €502 €1,080 €2,980 €6,100 €8,900
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes W73 to X54 €208 €216 €219 €314 €416 - -
Prefix W72 €814 €963 €1,040 €1,240 €1,430 - -
Prefix X55 €942 €1,060 €1,110 €1,600 €2,080 - -
Prefixes W3* to W5* €11,100 €12,900 €13,900 €17,900 €21,800 - -
Prefix W2* €11,900 €13,500 €14,300 €20,000 €25,600 - -
Prefix W6* €11,800 €13,800 €14,800 €19,400 €24,100 - -

Average prices of certified One pound 1938 to 1953 Coombs-Wilson sold at auctions

Sheehan-McFarlane

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes N72 to P75 - - €20.30 €46.10 €106 €158 €241
Prefix N71 - - €89.50 €176 €420 €776 €1,080
Prefix P76 - - €94.90 €193 €475 €814 €1,100
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes N72 to P75 €407 €486 €527 €851 €1,180 - -
Prefix N71 €1,480 €1,750 €1,880 €2,520 €3,160 - -
Prefix P76 €1,600 €1,940 €2,110 €2,860 €3,620 - -

Average prices of certified One pound 1938 to 1953 Sheehan-McFarlane sold at auctions

Armitage-McFarlane

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes P77 to K95 - Dark green - - €13.60 €24.40 €50.20 €80.80 €95.70
Prefix P76 - Dark green - - €55.60 €113 €210 €396 €557
Prefix K96 - Dark green - - €46.10 €89.50 €172 €322 €452
Light green - - €13.60 €24.40 €67.80 €94.90 €115
Prefixes K47* to K84* - - €2,240 €3,460 €5,200 €9,800 €17,300
Prefix K46* - - €2,240 €4,470 €9,400 €15,000 €19,600
Prefix I0* - - €2,030 €3,730 €9,500 €13,900 €17,300
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes P77 to K95 - Dark green €169 €176 €178 €317 €364 €621 -
Prefix P76 - Dark green €783 €933 €1,010 €1,220 €1,430 - -
Prefix K96 - Dark green €655 €790 €859 €1,150 €1,450 - -
Light green €170 €207 €226 €339 €350 €370 -
Prefixes K47* to K84* €23,400 €27,300 €29,400 €36,500 €43,700 - -
Prefix K46* €27,500 €32,700 €35,400 €44,400 €53,500 - -
Prefix I0* €23,400 €27,300 €29,400 €37,300 €45,200 - -

Average prices of certified One pound 1938 to 1953 Armitage-McFarlane sold at auctions

Coombs-Watt

Varieties AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50
Prefixes K98 to W78 - - €16.30 €31.20 €65.10 €116 €175
Prefix K97 - - €61.00 €141 €271 €482 €527
Prefix W79 - - €61.00 €141 €271 €482 €663
Prefixes I2* to W0* - - €529 €1,150 €2,920 €5,600 €8,000
Prefix I1* - - €570 €1,290 €3,120 €5,500 €7,500
Prefix W1* - - €597 €1,420 €3,390 €6,000 €8,100
Prefix I0* - - - - - - -
Varieties UNC-60 UNC-62 CUNC-63 CUNC-64 GUNC-65 GUNC-66 GUNC-67
Prefixes K98 to W78 €219 €249 €264 €306 €313 €331 -
Prefix K97 €821 €926 €979 €1,460 €1,940 - -
Prefix W79 €821 €926 €979 €1,460 €1,940 - -
Prefixes I2* to W0* €11,100 €13,100 €14,200 €15,100 €16,100 - -
Prefix I1* €10,900 €13,200 €14,300 €21,500 €28,600 - -
Prefix W1* €12,300 €15,000 €16,400 €23,300 €30,100 - -
Prefix I0* - - - - - - -

Average prices of certified One pound 1938 to 1953 Coombs-Watt sold at auctions

Varieties and details

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.

Australian banknote - Star replacement note

Last update : Sunday, January 7, 2024

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