Australia dating bank notes

Rated 4.78/5 based on 978 customer reviews

Prior to 1988, the Parliament of Australia met in the Provisional Parliament House, which is now known as Old Parliament House.A core function of the Reserve Bank is to maintain public confidence in Australia’s banknotes. No part of our web site publication may be used, reproduced or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or stored in any retrieval system of any nature, without our prior written permission.Australian banknotes do not have the year of printing or issue on them.It is important that the new features are durable, effectively incorporated into the banknote designs and rigorously tested.One aspect of this process is that the Reserve Bank has consulted extensively with key users of banknotes, including banknote equipment manufacturers, retail organisations, financial institutions and the vision-impaired community.Older notes are identified by a combination of the serial number and the signatures of the "Governor of the Reserve Bank of Australia" and the "Secretary to the Treasury".Decimal paper banknotes issued from 1966 to 1972 will have the words "COMMONWEALTH OF AUSTRALIA" printed at the top on both sides.

Collecting them in consecutive runs and selling them for that extra premium is a great way to make a good return on your investment.

Nevertheless, they are sufficient for these notes to warrant new catalogue classifications. Enhancements are still being developed by the Reserve Bank of Australia and its related companies.

It will be interesting to see if new security features are incorporated in this modified series.

Advice has also been sought through a number of channels during the development process, including a Design Advisory Panel, subject-matter experts and focus groups comprising members of the public.

These ongoing consultations provide an opportunity to ensure that the new banknotes meet the needs of the community.

Leave a Reply