2016 Australia Five Dollars Next Generation Last Prefix EJ16 x 10

Year:
2016
Denomination:
Five Dollars (Polymer)
Signatories:
G. Stevens / J.Fraser
Serial No.:
EJ160367180-9
Renniks No.:
R224L
Approx. Grade:
UNC
Item:
2016AustraliaFiveDollarsEJ160367180-9
Price : $325.00

2016 Australia Five Dollars Next Generation Last Prefix EJ16 x 10

Are you truly a serious bank note collector? Are you looking to make an investment for the long term?

If so this offer will most certainly entice you. It does not get much better than this.

Ten sequential last prefix notes from the Next Generation series in mint uncirculated condition.

This is the type of investment purchase that will certainly bear fruit long into the future.

The new $5 banknote has a range of security features that have not previously been used on an Australian banknote and that will help to keep our banknotes secure against counterfeiting into the future. New features include a world-first clear top-to-bottom window and a number of dynamic features that change as the banknote is tilted. The new banknotes are the culmination of many years of research and trial and extensive consultation with subject-matter experts and the cash-handling industry, as well as qualitative research involving focus groups.

The $5 banknote is the first in a new series and other denominations will be upgraded over coming years. Each banknote in the series will incorporate the same security features. Additionally, they will each feature a different species of Australian wattle and a native bird within a number of distinctive elements. The new $5 banknote features the Prickly Moses wattle and the Eastern Spinebill. The new series also includes a ‘tactile’ feature to help the vision-impaired community distinguish between different banknote denominations. The tactile feature on the $5 banknote is one raised bump on each of the long edges of the banknote next to the top-to-bottom window. Key design aspects of the existing series of banknotes, such as the colour, size and people portrayed on each denomination, have been maintained. This will help the public recognise the new banknotes as they come into circulation. The existing $5 banknote will be progressively withdrawn from circulation but can continue to be used as usual. All previously issued banknotes remain legal tender. It will take some time for the new banknotes to be widely circulated.

Taken from RBA web site: Statement by The Governor of the Reserve Bank of Australia: Glenn Stevens

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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