Australia Commonwealth of Australia 5 Pounds ND (1918) Pick 5c R37b PMG Very Fine 20 Net. A rare, beautiful grand-sized example graced with intricate engravings. Printed locally in Australia, this type has a variety of prefix and suffix combinations, but do not mistake that for high print totals. Rather, prefix/suffix varieties and color schemes were anti-counterfeiting measures taken in response to forgeries made of the previous issues. A repair is mentioned but does not negate the fact that there are only 11 examples graded in the PMG Population Report to date. HID09801242017 © 2023 Heritage Auctions | All Rights Reserved

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