1995 Australia Five Dollars Polymer - IM95

Year:
1995
Denomination:
Five Dollars (Polymer)
Signatories:
B.W.Fraser / E.A. Evans
Serial No.:
IM95 842135
Renniks No.:
R217a
Approx. Grade:
UNC
Item:
1995AustraliaFiveDollarsPolymerIM95-68P
Price : $49.50

1995 Australia Five Dollars Polymer - IM95

A truly nice example of this 3rd year of polymer banknotes.

This one with the recoloured wide band orientation bands.

A better example would be difficult to find.

Originally about seven lines were included in the orientation bands for 1995 Fraser-Evans $5 notes—this variety is commonly referred to as fine or narrow hatching in orientation bands.

Later when new printing plates were made a variety occurred with about four lines in the orientation bands. These are now referred to as wide hatching in orientation bands. The first variety with the fine or narrow hatching is found roughly in some 13,000,000 notes with the prefixes HC 95 to KC 95 only out of an overall total of 95,000,000 $5 notes printed in 1995. The narrow bands attract a higher premium due to their relative scarcity.

and this from  Trevor Wilken http://www.polymernotes.com/

New Note Series : Recoloured Five Dollars - 1995. 

A dark blue $10 polymer was issued on 1st November, 1993. Such was the technology at the time that difficulties were experienced in the bonding of some brighter colours to the polymer substrate. It is understood that for the first issues , the base substrate was grey in colour which accounted for the use of subdued colours.

A significant number of people had difficulties in differentiating between the $5 and $10 especially in poor light conditions. By this time, the technology of ink bonding had improved and on 24th April, 1995 a new recoloured $5 was issued. This is generally referred to as the "recoloured" $5. Brightening of this note together with improved handling characteristics enhanced the appeal of the $5.

"In addition to the recolouration, the opportunity has been taken to make two other small changes. First, the numeral "5" has been changed to the rather bolder style used on other new notes in the polymer series" – the NNS $20 was out by this time. "Secondly, orientation bands have been added along the top and bottom edges of the note to help in the sorting of large numbers of the note." Quoted from RBA Press Release dated 19th April, 1995.

Security and durability features were unchanged and by this time it was established that the $5 polymer was lasting at least four times longer than the paper $5 it replaced. The "grey" $5 was progressively withdrawn from circulation.

 

Inclusion of these orientation bands directly led to a variety in the 1995 dated notes. Greg McDonald in "The Pocket Guide to Australian Coins and Banknotes" 9th Edition writes "When the orientation bands were included in the redesigned note there were about seven wide lines included. A variety occurred when artwork was used from an earlier proof of the note to make printing plates after a number of the existing printing plates were damaged. The Reserve Bank has advised that about 13,000,000 $5 notes out of a total of 95,000,000 $5 banknotes produced in 1995 exhibit the variation. The variety only occurs in the prefix HC 95 to KC 95". One million notes were not produced for every prefix.

Those with the variation are referred to as "narrow orientation bands" and those without as "wide orientation bands". The bands in question are located at the top and bottom edges of the note to the left of the Queen's portrait and at each end of the gum leaves. On the wide band note there are a series of quite distinct diagonal white lines within the bands; on the narrow band note, there is a greater number of these white lines which tend to devolve into a blurred pattern.

 

A remarkable bank note in every way with abundant security features. This note had some extremely special features built into it as security against forgery. It was a world first and makes these notes highly desirable as collectors items. Collectors value numerous variations of this note.The $5 note incorporates the following security features:

Within the clear window is a stylised gum flower printed and it can be seen from either side of the note.If the note is held up to the light a seven pointed star within a circle is formed by four points on one side of the note combining perfectly with three points on the other.

If the note is held up to the light you can see an image of the Australian Coat of Arms under other printing.

The words FIVE DOLLARS has been micro printed and can be seen with the aid of a magnifying glass.

Slightly raised printing (intaglio) can be felt with the finger and is also used for the portraits and other major design elements.

Highly intricate multi-coloured fine-line patterns and images appear on each side.Under ultra-violet light the serial number will fluoresce and also a square patch becomes visible on the back of the note.

Obverse:Queen Elizabeth II (Elizabeth Alexandra Mary; born 21 April 1926) is the queen regnant of sixteen independent sovereign states known informally as the Commonwealth realms: the United Kingdom, Canada, Australia, New Zealand, Jamaica, Barbados, the Bahamas, Grenada, Papua New Guinea, the Solomon Islands, Tuvalu, Saint Lucia, Saint Vincent and the Grenadines, Belize, Antigua and Barbuda, and Saint Kitts and Nevis. She holds each crown separately and equally in a shared monarchy, as well as acting as Head of the Commonwealth, Supreme Governor of the Church of England, and Head of State of the Crown Dependencies, British overseas territories, the Realm of New Zealand and the external territories of Australia. As a constitutional monarch, she is politically neutral and by convention, her role is largely ceremonial.

Reverse:Old and New Parliament House, Capital Hill, Canberra. Parliament House is the meeting place of the Parliament of Australia. It is located in Canberra, the capital of Australia. It was opened on 9 May 1988 by Queen Elizabeth II, Queen of Australia. Its construction cost was over $1.1 billion. At the time of its construction, it was the most expensive building in the Southern Hemisphere. Prior to 1988, the Parliament of Australia met in the Provisional Parliament House, which is now known as "Old Parliament House".

Watermark: With the introduction of the new polymer bank notes we saw the end of the customary watermark. It was replaced with a Variable Optical Security Device in the bottom corner.

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