2016 Australia Five Dollars Next Generation Banknote EB16x2

Year:
2016
Denomination:
Five Dollars (Polymer)
Signatories:
G. Stevens / J.Fraser
Serial No.:
EB16 0387812-3
Renniks No.:
R224
Approx. Grade:
UNC
Item:
2016NEXTGENERATION$EB160387812-3
Price : $24.00

2016 Australia Five Dollars Next Generation Banknote EB16x2

Here are a fantastic pair of sequential banknotes from the new Next Generation Five Dollars banknote.

Little pairs like this one can really boost a collections quality.

Truly fresh and unmarked. Both notes are UNC.

Double the investment possibility as well.

 

A simplified account of where and how are the new $5 notes are produced.

Australia’s banknotes are produced on a 26 hectare site at Craigieburn in Victoria, by Note
Printing Australia Limited. The property is well secured with high-security fencing, armed security
guards 24 hours a day and highly sophisticated security and surveillance devices.

Before banknotes can be distributed around the country, a series of processes must occur.

Banknotes are printed on sheets of polymer substrate (a type of plastic). The first step is to
print the background colours and patterns onto both sides of the sheet at the same time using a
machine called a ‘simultan printing machine’. These machines can print up to 8,000 sheets per
hour.

Next, the major design elements, such as portraits, are printed using Intaglio printing machines
(a special type of printing). These create a raised print which is one of the important security
features of the polymer bank notes.

Then, a letterpress printer adds serial numbers to the sheets, before they go through a final print
run. In the final run, the sheets are given two coats of protective overcoat ink which protects the
banknotes and helps to keep them clean.

Finally, a guillotine is used to cut the printed sheets into individual banknotes before they are
transported through machines that count, band and remove any imperfect banknotes. The
banknotes are then shrink-wrapped, moved onto pallets and stored until ready for distribution. 

Next Generation Five Dollars banknotes released by Reserve Bank of Australia on 1st September 2016.

Obverse:        Queen Elizabeth II with Gum Branch
Reverse:        Old and New Parliament House, Capital Hill, Canberra
Signatories:    Glen Stevens, Governor, Reserve Bank of Australia
John Fraser,   Secretary to the Treasury
Width:            130.00mm 
Height:            65.00mm
Composition:   Polymer
Watermark:     The introduction of polymer banknotes saw the end of the customary Watermark. It was replaced with a Variable Optical Security Device in the bottom corner. The clear window [Optical Security Device] contains a stylised gum [eucalyptus] flower.

New security features of the Next generation banknote are:.
A holographic image of an Eastern Spinebill.  The eastern spinebill (Acanthorhynchus tenuirostris) which is a species of honeyeater found in south-eastern Australia in forest and woodland areas, as well as some areas of Sydney and Melbourne. It is around 15 cm in length and has a distinctive black, white and chestnut plumage, a red eye, and a long downcurved bill.

There are also yellow Wattle flowers, a native plant to Australia.

A three-dimensional Federation Star.

A portrait of the Queen Elizabeth II who came to the throne in 1952 and appears with a eucalyptus gum branch.

Image of the new Parliament House and the Forecourt Mosaic, which opened in Canberra in 1988.

Special note: Since the beginning of  Australian banknote production it has always been that the First and Last Prefix have always retained a higher value, and rise in value more so than the middle prefixes. These middle prefixes are generally refered to as General Prefixes.

The raw banknote sheet is printed with 6 notes horizontally and 9 notes vertically.

Each note on the sheet has a different prefix of 2 letters and the entire sheet is stamped with the exact same serial number at the time of production.

The entire prefix list is:
1st:  AA16

General:
      AB-AC-AD-AE-AF-AG-AH-AI-AJ-AK   (11)
BA-BB-BC-BD-BE-BF-BG-BH-BI-BJ-BK   (22)
CA-CB-CC-CD-CE-CF-CG-CH-CI-CJ-CK-  (33)
DA-DB-DC-DD-DE-DF-DG-DH-DI-DJ-DK   (44)
EA-EB-EC-ED-EE-EF-EG-EH-EI-             Total  (54)

Last:  EJ16

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