Prime Minister Andrew Fisher fulfilled his promise to the nation when he introduced Australia’s very first Commonwealth of Australia banknotes in 1913. The Ten Shillings was introduced in May 1913 and was the very first Ten Shillings of the British Commonwealth.
The note was modified in 1915 to slightly increase its size over the original 1913 issue and to include the word HALF SOVEREIGN printed prominently in red letters on each of the four margins.
This was an intent on the part of the Government to increase the public’s faith in the note by emphasising that it had the monetary equivalent of a gold half sovereign.
The pale blue outer margins that appeared on the back of the original 1913 issue were removed and the entire surface printed over with the words ‘Half Sovereign’ in shades of lime green and orange resulting in a rainbow effect.