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1988 Australia Ten Dollars Bicentennial AB17 64
This note has some minor buckling creases possibly from simply mishandling.
In general the note is in beautiful condition for a 2nd series example.
The creases are very difficult to see but if you look for the very slight bends in the patterns on the design you should be able to spot them.
The hologram is mint.
A great note at a lot less than premium price.
A hologram may be embedded either via hot-stamping foil, wherein an extremely thin layer of only a few micrometers of depth is bonded into the paper or a plastic substrate by means of a hot-melt adhesive (called a size coat) and heat from a metal die, or it may be directly embossed as holographic paper, or onto the laminate of a card itself. When incorporated with a custom design pattern or logo, hologram hot stamping foils become security foils that protect credit cards, passports, bank notes and value documents from counterfeiting. Holograms help in curtailing forging, duplication and piracy of products hence are very essential for security purposes. Once stamped on a product, they cannot be removed or forged, enhancing the product at the same time. Also from a security perspective, if stamped, a hologram is a superior security device as it is virtually impossible to remove from its substrate.
*All biographical details are taken from Wikipedia for education purposes only.
The world’s very first polymer banknote. Released in 1988 to celebrate the Bicentennary of Australia. This note had an extremely special features built into it as security against forgery being a hologram of Captain James Cook.. It was a world first and makes these notes highly desirable as collectors’ items. Collectors value numerous variations of this note due to initial production problems.
There were 3 releases of this note due to initial technical difficulties with the production techniques.
The first release AB10 – AB33 (with the first 2 digits of the serial number being either 93, 94 or 96) The note had a thin varnish over the hologram which proved to wear out very quickly. When the problem was identified the printing ceased.
The second release AB10-AB57 (followed by regular serial numbers) used the same prefixes as the first release but did not employ the 93,94,96 sequence after it. When printing resumed on this second run they applied a darker heavier varnish to the note which proved to work a great deal better.
The third release AA00-AA23 were released to the general public in blue colored Bicentennial Commemorative $10 Note Folder. These are the most common on the market given that more people kept them as momentoes and they did not suffer from the initial printing process errors of the previous two issues.
This design included the sailing ship HMS Supply anchored at Sydney Cove with a depiction of the early colonials in the background. These people symbolize all those who have contributed to Australia. From the left we see the early settlers and to right the modern working man.
Reverse includes portraits of the native population, the main picture is a young native youth with ceremonial paint, and in the background is a traditional Aboriginal Morning Star Pole also appearing are other Aboriginal artworks also commissioned by the RBA and a human-like figure from the Dream Tme.
1988 Commemorative note was the first to employ the optically variable device of Captain James Cook who first mapped Botany Bay.