This particular note is from the first release of Australia’s first polymer banknotes.
It is beautiful condition and is made all the rarer due to the bottom edge being miscut resulting in an inward curvature of the lower edge.
Most of these notes were recalled and production halted due to flaws in the printing process including the hologram peeling off.
On this one you can see that the hologram is flawed with miniscule spots where the manufacturing pürocess has failed.
As with this note here, the slippery nature of the banknote sheets before cutting resulted in miscuts of the original sheet.
Ever since their release these notes have proved to be incredibly popular with collectors.
This one is a stunning example of a banknote series that was often imperfect.
A solid investment note.
Design
The worlds very first polymer banknote. Released in 1988 to celebrate the Bicentennary of Australia. This note had an extremely special featuresbuilt into it as security against forgery being a hologram of Captain James Cook.. It was a world first and makes these notes highly desirable as collectors items. Collectors value numerous variations of this note. due to initial production problems.
There were 3 releases of this note due to initial technical difficulties with the production techniques.
The first release AB10 – AB33 (with the first 2 digits of the serial number being either 93, 94 or 96) The note had a thin varnish over the hologram which proved to wear out very quickly. When the problem was identified the printing ceased.
The second release AB10-AB57 (followed by regular serial numbers) used the same prefixes as the first release but did not employ the 93,94,96 sequence after it. When printing resumed on this second run they applied a darker heavier varnish to the note which proved to work a great deal better.
The third release AA00-AA23 were released to the general public in blue coloured Bicentennial Commemorative $10 Note Folder. These are the most common on the market given that more people kept them as momentoes and they did not suffer from the initial printing process errors of the previous two issues.
Obverse:
This design included the sailing ship HMS Supply anchored at Sydney Cove with a depiction of the early colonials in the background. These people symbolise all those who have contributed to Australia. From the left we see the early settlers and to right the modern working man.
Reverse:
Reverse includes portraits of the native population, the main picture is a young native youth with ceremonial paint, and in the background is a traditional Aboriginal Morning Star Pole also appearing are other Aboriginal artworks also commissioned by the RBA and a human like figure from the Dream Time.
Watermark:
1988 Commemorative note was the first to employ optically variable device of Captain James Cook who first mapped Botany Bay.
History
A number of Indigenous Australians have achieved mainstream prominence, such as Jimmy Little (pop), Yothu Yindi (Australian aboriginal rock), Troy Cassar-Daley (country) and NoKTuRNL (rap metal), the Warumpi Band (alternative or world music) Indigenous music has also had broad exposure through the world music movement and in particular WOMADelaide. Geoffrey Gurrumul Yunupingu (formerly of Yothu Yindi) has attained international success singing contemporary music in English and in the language of the Yolngu. Â Torres Strait Islander musicians include Christine Anu (pop) and Seaman Dan.
Contemporary Indigenous music continues the earlier traditions and also represents a fusion with contemporary mainstream styles of music, such as rock and country music. The Deadlys provide an illustration of this with rock, country, pop being found among the styles played. Common traditional instrumentation used are the didjeridu and clapsticks being used to give a different feel to the music.
Country music has been particularly popular among the Australian Aboriginal and Torres Strait Islander peoples. Dougie Young and Jimmy Little were pioneers and Troy Cassar-Daley is among Australia’s successful contemporary Indigenous performers. Aboriginal artists Kev Carmody and Archie Roach employ a combination of folk-rock and country music to sing about Aboriginal rights issues. The song type falls under the category of barnt. The documentary, book and soundtrack Buried Country showcases significant Indigenous musicians from the 1940s to the 1990s
The movie Wrong Side of the Road and soundtrack (1981) gave broad exposure to the bands Us Mob and No Fixed Address and highlighted Indigenous disadvantage in urban Australia.
There are a number of Aboriginal exponents of Australian hip hop music.
*All biographical details are taken from Wikipedia for education purposes only.