1988 Australia Ten Dollars Bicentennial Issue - AB57

Year:
1988
Denomination:
Ten Dollars Bicentennial
Signatories:
R.A.Johnston / B.W. Fraser
Serial No.:
AB 57 743804
Renniks No.:
R310bL
Approx. Grade:
Fine
Item:
AB57743804-10K1
Price : $195.00

1988 Australia Ten Dollars Bicentennial Issue - AB57

The Last Prefix from the second reissue of these notes.

This note is well worn and makes a good acquisition as a collection filler for this quite rare prefix.

Please see the pictures to judge for yourself.

UNC catalogues at $2,450 this note however is at the lower end of the scale.

A great price for a very hard to find rare prefix.

The young aboriginal boy depicted on this note is from the far north of Australia. The Arnhem Land Region is one of the five regions of the Northern Territory of Australia. It is located in the north-eastern corner of the territory and is around 500 km from the territory capital Darwin. The region has an area of 97,000 km² which also covers the area of Kakadu National Park, and a population of 16,230. In 1623 Dutch East India Company captain William van Colster sailed into the Gulf of Carpentaria and Cape Arnhem is named after his ship, the Arnhem, which itself was named after the city of Arnhem in the Netherlands.

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

The worlds very first polymer banknote. Released in 1988 to celebrate the Bicentennary of Australia.  This note had an extremely special featuresbuilt 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 coloured 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.

Obverse:
This design included the sailing ship HMS Supply anchored at Sydney Cove with a depiction of the early colonials in the background. These people symbolise all those who have contributed to Australia. From the left we see the early settlers and to right the modern working man. 

Reverse:

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.

Watermark: 

1988 Commemorative note was the first to employ optically variable device of Captain James Cook who first mapped Botany Bay.

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