1976 Australia Two Dollars - HSG

Year:
1976
Denomination:
Two Dollars (Paper)
Signatories:
H.M.Knight / F. H. Wheeler
Serial No.:
HSG 893230
Renniks No.:
R86c
Approx. Grade:
EF
Item:
HSG893230-5T
Price : $24.50

1976 Australia Two Dollars - HSG

Nice note with the exception of a light centre wallet or pay packet fold.

Has a light mark at the top centre above the 2nd A in Australia.

An excellent example for any collection from this year.

Please see the pictures.

In recent years, low international wheat prices have often encouraged farmers in the USA to change to more profitable crops. In 1998, the price at harvest was $2.68 per bushel. USDA report revealed that in 1998, average operating costs were $1.43 per bushel and total costs were $3.97 per bushel. In that study, farm wheat yields averaged 41.7 bushels per acre (2.2435 metric ton/hectare), and typical total wheat production value was $31,900 per farm, with total farm production value (including other crops) of $173,681 per farm, plus $17,402 in government payments. There were significant profitability differences between low- and high-cost farms, mainly due to crop yield differences, location, and farm size.

In 2007 there was a dramatic rise in the price of wheat due to freezes and flooding in the northern hemisphere and a drought in Australia. 
Wheat futures in September, 2007 for December and March delivery had risen above $9.00 a bushel, prices never seen before. There were complaints in Italy about the high price of pasta.

*All details taken from Wikipedia for educational purposes only.

 

John Macarthur (1767 – 11 April 1834) was a soldier, entrepreneur, politician and pioneer of the Australian wool industry. Macarthur was born in Plymouth, Devon, the second son of Alexander Macarthur, who had fled to the West Indies after the Jacobite Rising before returning and working as a linen draper and 'seller of slops', according to some accounts. His exact date of birth is unknown, but it is known that his birth was registered on 3 September 1767. He spelled his surname "M'Arthur" for most of his life. He occasionally varied it to "MacArthur". The spelling "Macarthur" (with a lower case "a") became established only very late in his life.

Reverse:William James Farrer (3 April 1845– 16 April 1906) was a leading Australian agronomist and plant breeder. Farrer is best remembered as the originator of the "Federation" strain of wheat, distributed in 1903. His work resulted in significant improvements in both the quality and crop yields of Australia's national wheat harvest, a contribution for which he earned the title 'father of the Australian wheat industry'.

Watermark: Captain Cook in left panel"

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