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1966 Australia Two Dollars – FDJ

$95.00 AUD

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SKU: FDJ880119-9G Category:
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From the first year of decimal note production.

Great to see a banknote that has survived so long in pristine UNC condition.

Any serious collector would gladly lay this amongst their prized collection.

Please see the pictures.

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Renniks No.

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Design

Obverse: John Macarthur (1766 – 11 April 1834[1]) was a soldier, entrepreneur, politician and pioneer of the Australian wool industry.

Reverse: William James Farrer (3 April 1845 – 16 April 1906) was a leading Australian agronomist and plant breeder. Farrer is best remembered as the originator of the “Federation” strain of wheat, distributed in 1903. His work resulted in significant improvements in both the quality and crop yields of Australia’s national wheat harvest, a contribution for which he earned the title ‘father of the Australian wheat industry’.

Watermark: Captain Cook in left panel.

History

By 1801, Macarthur was the largest sheep rearer in the colony, although he was certainly not the only landowner to have experimented with the breeding of fine-wooled sheep. As late as July 1800, there is no evidence of any ‘prophetic word’ from Macarthur about the future of Spanish wool: at that time he was considering selling his entire flock.

On his way to England, for trial over the duel with Colonel Paterson, Macarthur’s ship had put in for repairs in Indonesia, where he met and offered timely advice to the young and inexperienced British Resident at Amboyna, Sir Robert Farquhar, son of the Physician in Ordinary to the Prince of Wales, Sir Walter Farquhar. Sir Walter became an important patron and friend to Macarthur. For example, when William Davidson, later Macarthur’s business partner in New South Wales, applied for land next to Macarthur’s holdings at Parramatta, he carried with him a letter of introduction announcing his Royal connections as nephew to Sir Walter Farquhar.

While in London, Macarthur lobbied extensively in support of his interests back in New South Wales. The Colonial Secretary, Lord Camden, was highly supportive and backed Macarthur for a grant of 10,000 acres (40 km²) of his choosing. Sir Joseph Banks, however, was not impressed with either Macarthur or his commercial venture. When Macarthur failed to conceal his low opinion of Banks, Banks became a strong opponent of the plan and had the grant halved.

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

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