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Rarity Of Australian Commonwealth/ Reserve Bank 10 Shilling Notes

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totty's Avatar
Australia
77 Posts
 Posted 04/28/2023  11:14 pm Show Profile   Bookmark this topic Add totty to your friends list Get a Link to this Message Number of Subscribers
Hi all,
I sell some various coins I normally get from estate sales on ebay, don't make much but it's mostly just for a hobby plus it cancels out some of my other purchases. Anyway I get the occasional predecimal note and notice the Coombs/ Wilson 10 shillings type, in particular, sells for quite a bit even in poor condition (often well over 100 aud even for a circulated example!)

I was wondering what it is about these notes which makes them so collectible? It strikes me as odd since the notes of higher denominations- 1 pound, 5 pound, 10 pound often sell for less. I can't seem to find any mintage data but I wouldn't imagine the mintage is especially low.

Anyone care to help me out here?
Thanks!
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sel_69l's Avatar
Australia
21786 Posts
 Posted 04/29/2023  03:08 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
In strictly Crisp Flat Uncirculated (CFU) condition, they are not as scarce as the Coombes / Wilson One Dollar Note that replaced them.

It seems at the time of the changeover,
there was a much greater tendency by the Public to keep an example of the outgoing Ten Shillings Note as a keepsake.
Valued Member
Australia
145 Posts
 Posted 04/30/2023  5:58 pm  Show Profile   Bookmark this reply Add serenitystan to your friends list Get a Link to this Reply
There was three types of Coombs/Wilson 10/- notes printed. 74,648,000 in 1952. 320,000,000 in 1954. 237,548,000. In 1961 Which makes them the easiest Australian 10/- note to collect..Coombs/Watt are harder as they only made 75,000,000...
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ryurazu's Avatar
Australia
1333 Posts
 Posted 04/30/2023  7:47 pm  Show Profile   Bookmark this reply Add ryurazu to your friends list Get a Link to this Reply
hmmm, ill like to know what the face value of the note would be tho, I know that you can take 1 schilling as 10 cent. Does that mean that it's 10 schilling is 1 dollar or is it 50 cent, half a pound?
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ttkoo's Avatar
Australia
2502 Posts
 Posted 04/30/2023  8:42 pm  Show Profile   Bookmark this reply Add ttkoo to your friends list Get a Link to this Reply
10shillings = 1 dollar = 1/2 pound
The Ox moves slowly, but the Earth is patient.
Edited by ttkoo
04/30/2023 8:43 pm
Valued Member
totty's Avatar
Australia
77 Posts
 Posted 04/30/2023  9:44 pm  Show Profile   Bookmark this reply Add totty to your friends list Get a Link to this Reply
Thanks for the info serenitystan, still all quite high mintage figures. I just find it strange that these notes commonly sell for quite a high price despite being fairly common.
Valued Member
Australia
145 Posts
 Posted 05/01/2023  07:41 am  Show Profile   Bookmark this reply Add serenitystan to your friends list Get a Link to this Reply
"Yes" Coombs-Wilson 10/- notes are common but prices are very good for the buyer today compared to 10 years ago. True (cfu) original CoombsWilson 10/- notes especially TPG graded 65-66 PQ notes are severely underpriced...
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