1966 Australia Twenty Dollars Paper x 2 – XAD

$228,69

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SKU: XAD323729x2-15G0 Categories: , Tag:

Description

Here is a very rare offer of two consecutive mint UNC twenty dollar paper notes from the very first year of decimal banknote production.

Increasingly rare to find as consecutively numbered, this pair of banknotes are in fantastic condition and the pictures hardly do justice to them.

A magnificent addition to any collection and a rock solid investment piece.

Additional information

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History

The Australian twenty dollar banknote was issued when the currency was changed from the Australian pound to the Australian dollar on 14 February 1966. It replaced the £10 note which had the same orange colouration. There have been only two different issues of this denomination: a paper note which had a gradient of yellow and red, with a distinct orange background, and a polymer note which can be recognised for its distinct red-orange colouration. It is because of this vivid colour that the current note is often called a “lobster”. The polymer note was issued in 1994.

According to Reserve Bank statistics, at the end of June 2007 there was a net value of $2,846 million in $20 notes in circulation representing 7.1% of the cash value of all issued notes. Actual banknotes in circulation account for 15.8% of all denominations, or 142.3 million banknotes.

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

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