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1974 Australia One Dollar Note – BNN

$16.25 AUD

Availability: 1 in stock

SKU: BNN570482-06 Category:
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Well circulated with crease folds and light stains.

A good collection filler..

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Obverse: 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: Aboriginal Art Theme by David Malangi (1927 – 27 June 1998) was an Indigenous Australian Yolngu artist from the Northern Territory. The Yolngu (or Yol?u) are an Indigenous Australian people inhabiting north-eastern Arnhem Land in the Northern Territory of Australia. Yolngu vfwvrally means “person” in the language spoken by the people. One of the most well known bark painters from Arnhem Land. The reproduction of one of his designs was produced on the Australian one dollar note in 1966. (originally without his knowledge – when he became aware of this, he was given financial compensation). The payment by the Reserve Bank of Australia to Malangi began issues of Aboriginal copyright in Australia. He was born at Mulanga, on the east bank of the Glyde River.

Watermark: Captain Cook in left panel

History

Elizabeth’s personal fortune has been the subject of speculation for many years. Forbes magazine estimated her net worth at around US$450 million in 2010, but official Buckingham Palace statements in 1993 called estimates of £100 million “grossly overstated”. Jock Colville, who was her former private secretary and a director of her bank, Coutts, estimated her wealth in 1971 at £2 million (the equivalent of about £24 million today). The Royal Collection (which includes artworks and the Crown Jewels) is not owned by the Queen personally and is held in trust, as are the occupied palaces, such as Buckingham Palace and Windsor Castle, and the Duchy of Lancaster, a property portfolio valued in 2013 at £429 million. Sandringham House and Balmoral Castle are privately owned by the Queen. The British Crown Estate—with holdings of £7.3 billion in 2011—is held in trust for the nation and cannot be sold or owned by Elizabeth in a private capacity.

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

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