Australian Online Stamp Catalogue
 
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1920 King George V
Designers: H. Altmann & R.A. Harrison - Engraver: T.S. Harrison - Printer: T.S. Harrison
Two different watermarks were issued in 1920, they are listed below separately, 1/4 = One Shilling & Four Pence.
Issued as listed in brackets, with perforation 14

Watermark 43 - Large Crown over Large letter "A"

2-11-1 2d Orange, (5 October);
2-22-1 1/4 Blue, (2 December)

Watermark 45 - Multiple Large Crown's with letter "A" below,
referred to as the Large Multiple Watermark
The ½d Green (2-2-5) stamp below was produced from plates 6 & 7.
2-2-5 ½d Green (4 October)