1996 Australia Five Dollars Polymer BL96 x 3

Year:
1996
Denomination:
Five Dollars (Polymer)
Signatories:
B.W.Fraser / E.A. Evans
Serial No.:
BL96 537942 x3
Renniks No.:
R217b
Approx. Grade:
UNC
Item:
1996AustraliaFiveDollarsBL96x3-36M
Price : $145.00

1996 Australia Five Dollars Polymer BL96 x 3

These Fraser Evans 1996 Five Dollar notes are some of the more valuable polymer notes of the entire first 5 years. 

This triple run is a delight in mint uncirculated condition. A truly superb investment piece.

Pictures speak louder than words.

Ian John Macfarlane, AC (born 22 June 1946), Australian economist, and Governor of the Reserve Bank of Australia (RBA), Australia's central bank, from 1996 to 17 September 2006. He is also former Chairman of the Payments System Board of the Reserve Bank and Chairman of the Council of Financial Regulators.

Macfarlane was educated at Monash University, Melbourne, from which he received the Bachelor of Economics degree with honours in 1968, and the Master of Economics degree in 1971. He tutored in economics there before joining the RBA in 1970. From 1971–72 he worked at the Institute of Economics and Statistics at the University of Oxford. Following this, he then moved to the Organization for Economic Co-operation and Development in Paris, where he served until 1978, before returning to the RBA. He became head of the bank's Research Department in 1988, Assistant Governor (Economic) in 1990, Deputy Governor in 1992 and Governor in 1996.

Macfarlane has been awarded honorary doctorates from five Australian universities: a DSc from the University of Sydney, a DLitt from Macquarie University, a DCom from the University of Melbourne, a LLD from Monash and a DSc from the University of New South Wales. He was elected a Fellow of the Academy of the Social Sciences in Australia in 1998.

In January 2004 Macfarlane was awarded Australia's highest honour, Companion in the General Division of the Order of Australia (AC). He was honoured "for service to the stabilisation of the Australian financial system, to central banking, and to the operation of monetary and economic policy in both domestic and international spheres".

*Some additional information taken from Wikipedia for education purposes only.

A remarkable banknote 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 microprinted 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 banknotes we saw the end of the customary watermark. It was replaced with a Variable Optical Security Device in the bottom corner.

All biographical details are taken from Wikipedia for education purposes only.

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