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1992 Australia Five Dollars Polymer - AA01 - Pale green serial
This is a great example of the rare Five Dollar polymer banknotes from 1992 with the pale green serial numbers.
Listed in Renniks as R214i the series is not so common and this example here is uncirculated in every aspect.
This type of note given its far smaller print run will always do well in making gains.
A highly sought after selection for future investment.
In 1967 forgeries of the Australian $10 note were found in circulation and the Reserve Bank of Australia was concerned about an increase in counterfeiting with the release of colour photocopiers that year. In 1968 the RBA started collaborations with CSIRO and funds were made available in 1969 for the experimental production of distinctive papers. The insertion of an optically variable device (OVD) created from diffraction gratings in plastic as a security device inserted in banknotes was proposed in 1972. The first patent arising from the development of polymer banknotes was filed in 1973. In 1974 the technique of lamination was used to combine materials; the all-plastic laminate eventually chosen was a clear, BOPP laminate, in which OVDs could be inserted without needing to punch holes.
An alternative polymer of polyethylene fibres marketed as Tyvek by DuPont was developed for use as currency by the American Bank Note Company in the early 1980s. Tyvek did not perform well in trials; smudging of ink and fragility were reported as problems. Only Costa Rica and Haiti issued Tyvek banknotes; test notes were produced for Ecor, El Salvador, Honduras and Venezuela but never placed in circulation. Additionally, English printers Bradbury Wilkinson produced a version on Tyvek but marketed as Bradvek for the Isle of Man in 1983; however, they are no longer produced.
*Some additional information taken from Wikipedia for education purposes only.
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.